4 ms·
That might be the case for federal, but a lot of state employees like teachers can get substantial retirement after 20 years.
by jjeaff 5y ago
That might be the case for federal, but a lot of state employees like teachers can get substantial retirement after 20 years.
- buck4roo 5y agoPlease don't conflate State Public Employee retirement systems with State Teacher retirement systems. They each have their own rules. The teacher retirement systems I know of have rules like (age + years_worked)>=80 ==> full pension benefits. Retiring after 20y will earn you a smaller monthly and is only possible (under that rule-of-80 above) if you start teaching at age 40. Teachers are much more likely to retire after 25+y (age_start=30, age_retire=55).