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The retirement letter also serves as a sign of respect toward the employer. Sending a formal retirement notice exhibits professionalism and courtesy, allowing the employer adequate time to transition.
The start of a new year is a great time to re-evaluate your retirement status in terms of learning a new hobby. ... For example, let’s say that right now, you have 10% in cash, 40% in stocks ...
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
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The basic retirement annuity under FERS is equal to the (Average High-3 Salary x .017 x Years of Service through 20 years)+(High-3 Salary x .01 x Years of Service over 20)= Annual Pension Members who began congressional service before 1984 and who elected to join FERS will receive credit under FERS from January 1, 1984, forward.
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Retirement announcements often come after the holidays, as lawmakers discuss their next steps with their families and weigh whether to continue in an increasingly dysfunctional Congress.
Long-time US Women’s National Team (USWNT) goalkeeper Alyssa Naeher has announced that she will soon be retiring from international soccer.
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