3 ms·
From what I can read the amount of the guarantee is about 60k/year at standard retirement age. https://www.pbgc.gov/wr/benefits/guaranteed-benefits/maximum-guar
by asdfasgasdgasdg 5y ago
From what I can read the amount of the guarantee is about 60k/year at standard retirement age. https://www.pbgc.gov/wr/benefits/guaranteed-benefits/maximum-guarantee https://www.pbgc.gov/wr/benefits/guaranteed-benefits/maximum... Is my reading of this incorrect? Do a large fraction of pensioners draw more than this? I had assumed not but maybe I'm wrong?
- ghaff 5y agoI don't think so. Public sector pensions are a bigger deal than (mostly legacy) private sector pensions but the guarantees are still relatively high compared to typical payouts.