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Reply to "Fork - who is waiting until Thursday to decide?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]won't taking VERA mean taking a SIGNIFICANT decrease in your pension payments? I'm not a Fed. That's what a friend Fed told me. Why would people do that, especially if you're anywhere close to retirement?[/quote] In my case, Vera pension would be 2k per month. If I wait until I am 62, full pension is about 3k (based on today’s salary). Sure you miss out on some money, but what is ten years worth to you? I like my job, like the people I work with, but the commute, bureaucracy and now being the whipping boy for some elected and not elected leaders, VERA sounds pretty good.[/quote] How did you figure that out? I’ve got my benefits statement but the latest. Ersuon available online in fro January 2024. Even so, it tells me that retiring at age 62 would bring me $5500 per month. Right now I’m 53 and eligible for VERA, how can I calculate what I would be receiving now should I take VERA?[/quote]
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