Anonymous
Post 05/28/2015 13:24     Subject: Anyone at $330K HHI have a mortgage that is $4900/month (37% of net pay / 17% of gross)?

Anonymous wrote:
Anonymous wrote:Your DH won't get 1% of salary for each year, he'll get 1% of his high-3 yrs under current law.

I guarantee you that the federal retirement system will be changed to the detriment of future retirees before he retires so you should discount any prediction of his retirement benefit accordingly.


Just want to point out that once he passes 20 year service mark, he will get 1.1%, not 1%. So in truth, his pension will be 1.1% x number of years x high-3 or high 5 or whatever the law changes to.



That is true if you are 62 with 20 years, but not before then.