hemingwai t1_isd5mf6 wrote on October 15, 2022 at 1:29 AM

Reply to comment by DumbshitOnTheRight in Pension for MA employees by pninardor

That is completely wrong.

DumbshitOnTheRight t1_isd64g5 wrote on October 15, 2022 at 1:33 AM

I can check the documents I got from the union in the last two weeks; I'll grant it depends on the union and job scope.

hemingwai t1_isd6f11 wrote on October 15, 2022 at 1:35 AM

No, it doesnt. Massachusetts State Retirement is not a union benefit, its overseen by the pension management board and the city/town retirement board. Exempt and union employees use the same formulas.

DumbshitOnTheRight t1_isd71bq wrote on October 15, 2022 at 1:40 AM

I didn't say it was a union benefit. Which job (office worker, health care, state police, etc.) absolutely plays into the benefit determination.

hemingwai t1_isd79ll wrote on October 15, 2022 at 1:42 AM

Nobody gets 90%, and nothibg is based on 5 years. Dont give people bad financial information if you dont know what youre talking about.

modernhomeowner t1_isez9p9 wrote on October 15, 2022 at 1:49 PM

Benefits for those entering service after April 2012 is based on your highest 60-month pay (5 years).

hemingwai t1_isf4mrb wrote on October 15, 2022 at 2:31 PM

Sucks for them.