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Reply to "s/o If you have a job with a pension ..."
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[quote=Anonymous]I'm an administrator with the public schools in Maryland. I've been here for 10 years........If I stay for another 20, I will get a pension worth about 60% of my final salary (in today's dollars, the pension benefit for 30 years, at 60% of my final salary would be around $75,000, with small COLAs each year, if the market is doing well. I will also get medical benefits, but at a higher premium than I pay now). I am concerned whether the pension will be fully funded by the time I'm ready to retire and am contributing to my 403B as well. My husband works for higher education and doesn't have a pension, but is given 10% of what his salary is, which is invested in TIAA CREF [/quote]
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