pension

Nurses General Nursing

Published

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?

Specializes in ORTHOPAEDICS-CERTIFIED SINCE 89.

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).

Specializes in Med-Surg, Wound Care.

My pension from 18 years of service will keep my cat in food!!! Thank goodness hubby's will be MUCH better!!

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