SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A Neutral Corner
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rambi who wrote (283)9/21/2005 10:32:21 AM
From: Constant Reader  Read Replies (1) of 2253
 
Of course, the pension amounts that comes from the fund is much lower than what was promised.

I saw an article a few weeks ago that discussed payouts under the United pension plan. As I remember, a 48-year-old retired pilot's pension dropped drastically, from somewhere around 125,000 to somewhere around 25,000. They said it was the maximum PBGC payout for under age 65, but I don't remember if that number was different for each year closer to 65. Anyway, what the did say, and what surprised me, was that if the pilot waited (and could afford to wait) until age 65 to take his pension, it would be at the full amount.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News