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Old 01-18-2008, 03:34 PM
 
Location: Forests of Maine
30,685 posts, read 49,462,974 times
Reputation: 19134

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Quote:
Originally Posted by JERSEY MAN View Post
GreatDay'
It depends on what field your in. My job has a max at 65 and your removed (with a nice pension of course). The NJ State Police force you out at 55 YOA. They consider that age as to old to be a trooper.
On my last boat [USS Alaska SSBN 732] I was the oldest crewman onboard. I was just turning 38.
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Old 01-18-2008, 03:46 PM
 
259 posts, read 1,182,997 times
Reputation: 101
It might help if you guys clarified for the forum that unless you're 1) a high powered policymaking exec, 2) partner in a partnership or 3) in the military, police, fire dept, airline pilot, etc. there basically is no more enforceable mandatory retirement age any longer.

Unless your employer can can you for cause.....or simply eliminate your job function from the company........you can go as long as you want.
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Old 01-18-2008, 03:51 PM
 
Location: Pinal County, Arizona
25,107 posts, read 35,209,153 times
Reputation: 4899
Quote:
Originally Posted by JERSEY MAN View Post
GreatDay'
It depends on what field your in. My job has a max at 65 and your removed (with a nice pension of course). The NJ State Police force you out at 55 YOA. They consider that age as to old to be a trooper.
I stand corrected - thank you.

Obviously, it is industry specific -
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Old 01-18-2008, 06:30 PM
 
Location: Finally escaped The People's Republic of California
11,119 posts, read 7,570,795 times
Reputation: 6217
PLan on going the day I turn 55.............
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Old 01-18-2008, 08:38 PM
 
Location: Oregon Coast
1,848 posts, read 6,250,017 times
Reputation: 1383
I retired at age 52. My husband still works. He is planning on a gradual cut back of working hours. This summer he'll cut back to part time and stay that way for a while. Whenever he stops working completely we won't have any health insurance so it's something to consider.
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Old 01-18-2008, 11:48 PM
GLS
 
1,985 posts, read 4,848,058 times
Reputation: 2408
Quote:
Originally Posted by forest beekeeper View Post
Hey Capt; I retired when I was first offered a pension.

The employer that I worked for offered me a pension and was booting me out the door on the same day [my EAOS], they call it your 'High-Year-Tenure'.

Had I been able to advance further up their corporate structure up to a higher pay-grade, then my 'High-Year-Tenure' [HYT] would have been longer.

At my mid-management level in their structure, my HYT was at 20 years [rounded to the end of the following month]. Had I advanced up one pay-grade than my HYT would have been 24 years.

I was employed with them when I was 18. Then at 24 I severed my employment with them and went to college, in college I was able to utilize a benefit program that I had qualified for during my previous employment period. I attended college for four year on their dime. When I was 28, one of their HRO personnel had been after me to go back to them. So I did. I also discovered that they offered a variety of benefit programs that allowed me to continue taking college courses; I finished an Associates of Sciences degree in Horticulture, a Bachelor of Science degree in Electronics, and a Master of the Arts degree in Theology. I completed my 20 year career when I was 42, when I reached my HYT and got my pension.

Seeing that you are a 'Captain' I am sure that you are familiar with my employer and their pension process.



Like 'Garth';


Sounds like Garth and I had the same employer.

"... work will continue, but it's really not work. When work is enjoyable, it's no longer work."

I bought a small farm with a portion of my investment portfolio, I am building a house and I market organic produce.

ET1(SS) - USN
retired
Thank you for your service as an "employee". Without it the rest of us may not have had the "freedom" to retire at all.
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Old 01-19-2008, 09:41 AM
 
Location: Oxygen Ln. AZ
9,321 posts, read 16,584,408 times
Reputation: 5692
I am ready now at 55, but my husband is an architect and they will work until they stop breathing. So off to work I go.
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Old 01-19-2008, 10:07 AM
 
Location: DC Area, for now
3,517 posts, read 12,053,898 times
Reputation: 2141
Quote:
Originally Posted by MotleyCrew View Post
I am ready now at 55, but my husband is an architect and they will work until they stop breathing. So off to work I go.
I know several couples who retired at different times. Just because hubby wants to continue doesn't mean you have to.
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Old 01-19-2008, 11:01 AM
 
Location: Home is where the heart is
15,400 posts, read 25,828,923 times
Reputation: 18992
Quote:
Originally Posted by Tesaje View Post
I know several couples who retired at different times. Just because hubby wants to continue doesn't mean you have to.
Yes, I retired but my DH is still working. I think it is easier this way.
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Old 01-19-2008, 11:53 AM
 
Location: Midwest transplant
2,013 posts, read 4,996,945 times
Reputation: 1570
I hope to go at 55 with 30 years. Thankfully I'll have a decent pension (schoolteacher) but the cost of the health insurance may send me back into the classroom to sub.
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