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1959Gibson t1_iueg2l3 wrote

Reply to comment by frankybling in Mass. Tax Refunds Will Start To Flow On Tuesday by husky5050

You let them retire with some comfort. This isn’t China

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frankybling t1_iuehsrb wrote

retiring at 46 years old? That isn’t what’s happening anymore, but certainly for the people that got that deal they definitely get to retire very young and reasonably comfortable. I’m probably really jealous about that. Can you retire at 46 with a blue collar job anywhere else with taxpayer funds?

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clean_confusion t1_iugggvc wrote

Worth noting that most of the CBAs don't allow you to start collecting your pension at 46... you fully vest after 20-30 years, meaning that you're eligible for the max amount when you do start taking out, but you still might not be able to start collecting until 60, 65 etc. (And yes, the retirement age, vesting time, and contribution percentage have all gotten significantly higher over the last several decades, while real wages have decreased, so those currently receiving benefits got a much better deal than those currently paying in.)

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1959Gibson t1_iueke6t wrote

This is the classic case of arguing against something good because of envy . The argument should not be why do they get to retire at 46 ? The question to argue should be why do I have to work until I’m 65 to retire ???

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