Whose non-government relatives have pensions?

[Anonymous]

Anonymous wrote:My mother was a school teacher in a tiny district on Long Island. She gets about $8k/month, plus social security, plus they reimburse for all the Medicare supplements. Thankfully she gets all of this as she’s now in memory care

Getting that much, with no (?) reduction in SS strikes me as excessive.

[Anonymous]

My Grandfather worked for GE and had a nice pension

[Anonymous]

Anonymous wrote:

Anonymous wrote:My mother was a school teacher in a tiny district on Long Island. She gets about $8k/month, plus social security, plus they reimburse for all the Medicare supplements. Thankfully she gets all of this as she’s now in memory care

Getting that much, with no (?) reduction in SS strikes me as excessive.

I’d like to know what she was paying into the pension over her career. It may have been a substantial amount. If she was paying that and also paying into SS, why should she have to accept a deduction on benefits?

[Anonymous]

Anonymous wrote:My DC is a school teacher with Arlington Diocese (Catholic church.). The diocese has a 403(b) plan but does not do any matching. Instead they have a pension.

My DH worked for General Dynamics for about 10 years. He recently received a letter saying he could either cash out his pension or receive a monthly payment when he hits 60 years. It's not much at all since he only worked for them for 10 years and it was early in his career. I know they did a matching of his 401(k) when he was working for them.

Me. I worked for Northrop for 10 years, mid to senior level. They did 401k matching plus pension. I can collect at either 60, 65, or 70 depending on how much I want per month. It's roughly $2000, so pretty good all things considered. Since the stock was around $70 a share when I started there and is over $700 now, definitely not complaining.

I'm 58.

[Anonymous]

I’m super lucky to have a traditional pension from a nonprofit (!) I worked at for 20
years. Very fortunate. Very few companies have defined benefit plans today.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My mother was a school teacher in a tiny district on Long Island. She gets about $8k/month, plus social security, plus they reimburse for all the Medicare supplements. Thankfully she gets all of this as she’s now in memory care

Getting that much, with no (?) reduction in SS strikes me as excessive.

This is the main reason that property taxes are so high in many states in the northeast.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My mother was a school teacher in a tiny district on Long Island. She gets about $8k/month, plus social security, plus they reimburse for all the Medicare supplements. Thankfully she gets all of this as she’s now in memory care

Getting that much, with no (?) reduction in SS strikes me as excessive.

This is the main reason that property taxes are so high in many states in the northeast.

Why shoulder SS be reduced if she paid enough into it? If she has the credits she should get the benefit.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My mother was a school teacher in a tiny district on Long Island. She gets about $8k/month, plus social security, plus they reimburse for all the Medicare supplements. Thankfully she gets all of this as she’s now in memory care

Getting that much, with no (?) reduction in SS strikes me as excessive.

This is the main reason that property taxes are so high in many states in the northeast.

Why shoulder SS be reduced if she paid enough into it? If she has the credits she should get the benefit.

*should the, not shoulder

[Anonymous]

I have a friend who worked at Hormel Foods in sales/marketing/executive, and he collects his full salary after "retiring" at age 55. (I am jealous!)

[Anonymous]

I’m in my early 50s and vested in a pension before it closed. Trade association.

I know teachers and county employees with pensions.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My mother was a school teacher in a tiny district on Long Island. She gets about $8k/month, plus social security, plus they reimburse for all the Medicare supplements. Thankfully she gets all of this as she’s now in memory care

Getting that much, with no (?) reduction in SS strikes me as excessive.

This is the main reason that property taxes are so high in many states in the northeast.

Why shoulder SS be reduced if she paid enough into it? If she has the credits she should get the benefit.

I thought NY was one of the states where teachers don't pay in to SS. Maybe the SS is from a different job

[Anonymous]

Anonymous wrote:

Anonymous wrote:My mother was a school teacher in a tiny district on Long Island. She gets about $8k/month, plus social security, plus they reimburse for all the Medicare supplements. Thankfully she gets all of this as she’s now in memory care

Getting that much, with no (?) reduction in SS strikes me as excessive.

Why? What does one have to do with the other?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My mother was a school teacher in a tiny district on Long Island. She gets about $8k/month, plus social security, plus they reimburse for all the Medicare supplements. Thankfully she gets all of this as she’s now in memory care

Getting that much, with no (?) reduction in SS strikes me as excessive.

This is the main reason that property taxes are so high in many states in the northeast.

My father was a teacher in Massachusetts. He gets a very generous pension but was not allowed to contribute to SS while teaching.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My mother was a school teacher in a tiny district on Long Island. She gets about $8k/month, plus social security, plus they reimburse for all the Medicare supplements. Thankfully she gets all of this as she’s now in memory care

Getting that much, with no (?) reduction in SS strikes me as excessive.

This is the main reason that property taxes are so high in many states in the northeast.

My father was a teacher in Massachusetts. He gets a very generous pension but was not allowed to contribute to SS while teaching.

Or rather, I should say, his teaching time did not count towards SS credits.

[Anonymous]

My parents did from ibm
I will from a working at a union