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Reply to "Federal pension jealousy "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m 48 years old in private industry and have a pension with 25 years worth of service contributions. Looks like I can start receiving pension payments in the amount of $9K per month at the age of 55. Are federal pensions significantly higher than this? I also have $2.9M in my IRA and another $1.3M in my 403b. [/quote] It depends. My pension will be 50k a year but [b]my DH’s will be 150k (at a finreg agency at top of pay scale with many years of service). [/b][/quote] Which Finreg agency? I know it’s not the FDIC, SEC, Treasury. Their pension would not go over $100k if retired today. Assuming 30 years of service, very rough, back of the envelope calculaton is: $150k pension /30 yrs = $500k salary Your husband makes $500k? That’s more than the US President. [/quote] Could be PP's spouse had CSRS. There are still quite a few of us around.[/quote]
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