Sentences with phrase «same pension formula»
However, now, rather than working continuously in the same system, at age 40, after 15 years in state A, she moves to state B, which has the same pension formula and same pay grid, and ultimately retires.
http://educationnext.org/ Not exact matches
Nevertheless, teachers earn the same pension benefits in all of those years based on a formula written into law, and governments are legally obligated to pay when the bill comes due.
Each of these lines captures the same gross benefit — that is, all workers since 1983 have the same pension rules about when they qualify for a pension, the formula for that pension, and when they can retire and begin collecting their benefits.
If you have a pension from work where you did not pay Social Security taxes, but qualified for SS benefits from other work, your SS benefits formula is NOT THE SAME AS IT IS FOR EVERYONE ELSE!