Just became eligible for full pension benefits

  • Thread starter Thread starter Janus
  • Start date Start date
Join the discussion
Registration is free. Start your own thread to ask a follow-up.
Sign up Log in
10 replies · 3K views
Janus
Staff Emeritus
Science Advisor
Homework Helper
Insights Author
Gold Member
Messages
3,777
Reaction score
2,002
After having it in my sights for a while (even more so since the recent economic downturn), I passed a critical milepost today. As of a little more than an hour ago, when my work day finished, I am eligible to retire with full benefits.

Not that I plan to retire yet, but is a relief to have a pension to fall back on if needed.
 
Physics news on Phys.org

Discussion

Congratulations Janus! Retiring from a company (and getting benefits) is becoming rare.
 
Yay you!

(What's a pension?)
 
I never passed a milestone, but I've passed a few kidney stones. It must be mad painful.
 
Being Janus, you have something to look forward to, and simultaneously something to look back upon.

A millstone has been lifted off of you.
 
Janus said:
After having it in my sights for a while (even more so since the recent economic downturn), I passed a critical milepost today. As of a little more than an hour ago, when my work day finished, I am eligible to retire with full benefits.

Not that I plan to retire yet, but is a relief to have a pension to fall back on if needed.

CONGRATULATIONS! That is a huge milestone!

It is also one of the toughest things to pass up for self-employment.
 
Evo said:
Retiring from a company (and getting benefits) is becoming rare.

They sure are. Most companies find an opportunity to lay people off before it becomes an issue. In my world, at least, government jobs are about the only ones offering traditional benefits any more. There are a few exceptions out there, but for every one of those, I can probably name at least ten counterexamples.
 
Last edited:
Congratulations on achieving that milestone :approve: , which is increasingly rare, and I guess condolensces, because your old enough to retire. :biggrin:
 
Astronuc said:
Congratulations on achieving that milestone :approve: , which is increasingly rare, and I guess condolensces, because your old enough to retire. :biggrin:

I'm not that old. After all, I just celebrated my 11th 39th birthday in August.
 
Congratulations, Janus. Getting old ain't for sissies, so stay healthy so you can enjoy your retirement.
 
Evo said:
Congratulations Janus! Retiring from a company (and getting benefits) is becoming rare.

At my employer, there are now three tiers of retirement plans, depending on when you were hired. As you go from tier 1 to tier 3, the benefits reduce. Even with tier one, where I am, since 2004 my contributions no longer go into the original retirement account, but a separate account which can go up or down with the market. When I do retire, I'll get the money in that account as a lump sum.