Does anyone get a pension? If so... how long do you have to work at your facility to get it? About what percent of your normal pay is it?
Dec 20, '06
I get a pension through the state retirement fund. I get $968 a month. I worked in the system from 1974 until 1999. In 1999 I was making approximately $56,000 a year. Out of each 2 week paycheck while I was working, the retirement system took 7% until July 1 and then 6% for the rest of the year. The pension is federally taxable but not state taxable (in my state).
Last edit by P_RN on Dec 20, '06
Dec 20, '06Occupation: RN-i (RETIRED) Specialty: ORTHOPAEDICS-CERTIFIED SINCE 89 ; From: US ; Joined: May '00; Posts: 14,479; Likes: 2,298I get a pension through the state retirement fund. I get $968 a month. I worked in the system from 1974 until 1999. In 1999 I was making approximately $56,000 a year. Out of each 2 week paycheck while I was working, the retirement system took 7% until July 1 and then 6% for the rest of the year. The pension is federally taxable but not state taxable (in my state).Last edit by P_RN on Dec 20, '06
Dec 20, '06Specialty: Med-Surg, Wound Care ; Joined: Apr '03; Posts: 740; Likes: 296My pension from 18 years of service will keep my cat in food!!! Thank goodness hubby's will be MUCH better!!
