Quote:
Originally posted by Mmmm, Burger (C.J.)
The fed'l gov't plan (civilian--military is different) vests after 5 years, but can't be taken until 62 (or 65, or somewhere thereabouts). And it's based on some formula, that i think is pretty typical, like avg. of high-three years of salary, multiplied by years of service divided by 30, and then maybe there's some further multiplier reflecting whether you took it early or late.
|
They may be able to commence at 55 if they have enough service? And retire from active service? That's not uncommon. Actually, it's pretty damn common, not just not uncommon.
