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[quote=Anonymous]DP I’ve been with our public school district for 30 years and I’m retiring at the end of June at age 52. The state retirement pension with a chosen survivor benefit will be about $4,350 with a healthcare subsidy added in. It has a COLA max of 5%. The COLA is based on the annual monthly average of the Consumer Price Index for all Urban Consumers (CPI-U), published by the U.S. Bureau of Labor Statistics and updated each July 1. I have a supplemental district pension that will be $2,900 until SS age 67. COLA is 1.5% year 1 and then 3% every year after. I’ll continue to work, at least part-time, so consider this semi-retired. [/quote]
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