3127 employees reported this benefit
At 20 years get approximately 50% base pay and now less than 20 can get lower percentages
You can retire at an early age and receive a retirement check the rest of your life.
I dont know really about the retirement plan because i didnt use it. But i know if i woulve stayed in, i wouldnt have made it to a retirement plan
if under the previous plan (not blended), retirement is 50% of highest 36 month salary at 20 years
The best thing about the retirement benefits is you can retire at 20 years with 50% of your base pay.
Defined benefit plan. Now a defined contribution plan.
Comparable or better than similar private firms
Can retire after only 20 years.
Retirement with a minimum of 40% of your base pay after 20 years of service and it increases for every year there after.
If you are entering service now the traditional retirement plan is going away and a blended retirement plan is taking its place