How good is pension .

Discussion in 'Johnson & Johnson' started by Rusty nail., Jul 12, 2017 at 10:36 PM.

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  1. Rusty nail.

    Rusty nail. Guest

    Hi. Was hired in 2000, when I was 24. Have been here for 17 years now, salary approximately 160k annually. Planning to leave after 30 years of service . What pension can I expect, if I start withdrawing after age 62?

    Thanks.
     

  2. anonymous

    anonymous Guest

    Check your benefits calculator as it is individualized. Who knows how long you will be here; your idea may not
    be the same idea of the company.
     
  3. anonymous

    anonymous Guest

    If you're capped, it gets worse the longer you stay. Also, remember no COLA.
     
  4. anonymous

    anonymous Guest

    A pension is better than no pension. What is COLA?
     
  5. anonymous

    anonymous Guest

    If you've been here 17 years and don't know the answer to that question already, you're a freaking idiot.
    I'll guarantee you that you will not make 30!!!
     
  6. anonymous

    anonymous Guest

    I know people who have been here for 35 years and do not even know their balance on 401k. What are you talking about.
     
  7. anonymous

    anonymous Guest

    you would get approximately 6000 a month .
     
  8. anonymous

    anonymous Guest

    Can you explain this... dont future years of service add into calculation?
     
  9. anonymous

    anonymous Guest

    #6 You get a once-a-year printed 401K balance sent to your house so even if you do not log on, short of not opening up your mail; you have a big problem #7 wrong. #8 if you are a legitimate employee, (and I doubt it because no sales person would have had the salary for a base you quoted today if hired when you said you were) you have a benefits website and can put in the data like anyone else. Call benefits for specifics and do not tell your manager because he/she will think you should never have been hired due to your stupidity.