Jobs With the Best Retirement Benefits

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PaydayLoansOki of IN 4:05PM March 12, 2013

Railroad has a separate checking account (like social security) and when I retire I will be getting 6,000 a month and my wife will get 3,000 a month. So I'm set for retirement. I don't pay into social security and I'm glad I don't. It's an IOU system. RR has their own unemployment, disability and retirement fund. It's great knowing I'll be getting that with a 401k. I feel that I'm set.

RR guy of IN 8:59PM September 20, 2012

When I worked for the Federal Government, Navy, Air Force, Army Aviation, Corps of Engineers, I, like all other Federal employees paid 7% of my salary towards an annuity which I received after 30 years. While I worked I also paid for my and my wife and children's health insurance. We earned sick leave 4 hours every two weeks and if you didn't get sick you could accumulate a lot of hours for which they paid half of the value at retirement. If you took too much sick time, you would be asked to provide a doctor's letter explaining why you had to take so much time off. We also earned annual leave which you could accumulate to a maximum of 30 days if you didnt take many vacations. You would be force to take annual leave once you reached the maximum.

Albert V Weaver of CA 6:22PM September 13, 2012

I had already worked in public education for ten years as a para-professional when my 30th birthday slapped me in the face with reality! Time was running out for my opportunity to DO something with my life! (I was married with one child) I immediately quit smoking and started at ground zero in community college. Five years and about 150+ semester units later, working the entire time and paying my own way, I graduated with honors holding a BA in Liberal Studies and preliminary elementary teaching credential from Cal State. I was already hired by an outstanding administrator during my non-payed semester of student teaching. This woman became my mentor and she taught me many important lessons, including the fact that I should climb the pay scale ASAP to fully fund my retirement. This took another 98 semester units (read:tuition and time) at university and 10 years teaching in one district to which I was now bound by being vested into the defined benefit retirement program of my district. Full retirement benefits require a minimum of 30 years teaching and paying 8% of your salary every payday to CALSTRS. These are the requirements for teachers in one district in California. Don't deserve my pension? Well, no: I planned it, prepared for it and I EARNED IT!!!

Sisterinthemiddle of CA 4:56PM February 17, 2011

Federal Gov't employees, FERS is Social Security plus a 401 matched funds.. The old CSRS ended in 1984 and only those employed prior are CSRS. Pay 7% of earnings into retirement. They also pay for Health Benefits ranging from $150.. to 500.00 per month( not free) The more you earn over your career the more you will earn towards your retirement, with 36% to 40% of high three the avg. Example..Make $40,000.00 per year have 30 yrs service, collect about $ 16,000.00 per year retirement( $1333.00 per month before taxes) Not the best but something

william Liddle of CA 10:04PM February 16, 2011

come on Emily, you should know that govt employees, especially Fed, are BY FAR the best retirements.

Jim of WA 3:26PM February 15, 2011

"Look up the Calpers/Calstrs retirement list of who makes 100K+ per year. Many have reitred at 50! "
This comment is ignorant; poor idiot that can't retire thinks anyone in America in the host of good industries that provide liveable retirement packages didn't actually work to earn it. CLUE: Many of those are PROFESSIONALS; my wife is an RN in a union working at UCSF; she works her tail off and shoudl be able to retire at 50 (ort 55 if they change the minimum age as required); knwo what else? We contribute $16,500 a year to the 403b on top of the pension she will be entitled to. How much do you save? Try going to college instead of blabbing on websites

rodi of CA 2:48PM February 15, 2011

Look up the Calpers/Calstrs retirement list of who makes 100K+ per year. Many have reitred at 50!
GOTO: (copy and paste link)
http://database.californiapensionreform.com/database.asp?vttable=calpers
This includes many state jobs, teachers, etc.
This is why many workers don't give a damn..waiting to retire..because you can't fire me attitude.
I would take the retirement package too. However; when is it too much for others to pay for other retirees and recieve a much smaller compensation package.
Lawmakers spend taxpayers money. Many leave their jobs and retire with a great compensation. They don't care.
Term Limits is a must.
People in the community must be involved.
Welcome to Bell California!

Buddha of CA 7:20PM October 13, 2010

I went to a fire academy a few years back and one of our instructors was a fire chief and he was saying that the guys from Merrel Lynch (I think it was Merrel Lynch) would always freak out when looking at his retirement pension. The Merrel Lynch guy said that his retirement pension was the equivalent to a 4 million dollar man type of portfolio.

Jax of FL 3:09AM August 03, 2010

How about instead of cutting the benefits for the true people that put their lives in danger on a daily basis for their community... How about we start at the top.... The President.. Retirement, Health Insurance, Secret Service for Life, hmmm how about Congress? What was their last raise? let me see now, I got less than a 1% raise in the past 2 years and lets figure what theirs was. Shall I continue? I have to pay for health insurance not to mention the ridiculous deductibles.

Tina of TX 3:48PM July 27, 2010