Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: olesigh

30 years ago I don’t think pensions were 401K’s I think they were just a straight pension without contributions I could be wrong, my mom worked for civil service and she was given the option to change to a 401K however she chose not to!!! Her pension was with no contributions!!!


42 posted on 12/02/2019 7:50:47 PM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
[ Post Reply | Private Reply | To 25 | View Replies ]


To: Trump Girl Kit Cat

most public employees in the US get a pension with their own and an employer contribution. Percentages differ from jurisdiction to jurisdiction. In Cal the pensions payouts are required by the state constitution.


49 posted on 12/03/2019 8:00:36 AM PST by olesigh
[ Post Reply | Private Reply | To 42 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson