Employer Verified Available to US-based employees (Change location)
Required to work well into your 60s for half of your pay after 25 years, and pay that is 1/4th of private sector.
Approx. 2.75 percent for every year of service. Retire at 55 years of age (may work to 60). All leave accounts (hours accrued) can be liquidated and rolled over into a 401 and/or 457k acounts(s). Healthcare benefits continue into retirement.
Great pension plan. 3% at 50
Pension is a generous defined benefit plan with minimal employee contributions and relatively high multiplier formulae and low retirement age