Some hospitals still do. I'll qualify after a total of 5 years at my primary job.Another poster mentioned that he was a pharmacist and will be getting a pension. I'm not aware of any companies that offer this sort of benefit. Who offers a pension plan in 2015?
Completely agree. If my pension is there when I retire/make it to retirement age , then that is great. I am not betting on it though. Still recommend maxing out other tax deferred accounts and investing after tax funds in other investments.Don't get too excited about pensions. What looks to be guaranteed now, can easily be wiped out by a future Republican government (either on state or federal level).
Just read the news about pension plans if you don't believe me. We are a nation of debt and one of the easiest ways to reduce debt burden is to wipe out pension obligations. The demographics, birth rates, and debt levels of this country do not provide for a favorable pension outlook over the next 30 years.
I would much rather have my retirement money in my hands than in the hands of government and business leaders that can nuke a pension plan at any time.
My old hospital, where I worked for almost 7 years, did.Some hospitals still do. I'll qualify after a total of 5 years at my primary job.
I checked that account online later in the evening. Got it!My old hospital, where I worked for almost 7 years, did.
I recently got a letter stating that I could draw from it in any of 3 ways: $108 a month starting right about now; $271 a month starting on my 65th birthday; or the whole annuity right now, which could be rolled over into my 403b without penalty.
I will be getting a 5-figure infusion into my retirement account any day now. After the way they screwed me over, I hope it multiples many times over by the time I need to draw on it.