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<blockquote data-quote="SWORDFISH" data-source="post: 1133073" data-attributes="member: 26234">Another thing I don&#039;t like art 34 sec 1 near the endYears of Service Age Monthly Service PensionPension Credit35 years Any age $3,50030 or more years Any age $3,000 plus $100/yr of service for years over 30 up to $3,50025 years Any Age $2,000up to age 5725 Years 57 or older $2,500 plus $100/yr of service for years over 25 up to $3,500 maximum.Effective January 1, 2014, the following enhancements will be implemented:35 years, any age - $3,70030 or more years, any age - $3,200 plus $100/yr of service for years over 30 up to $3,700Effective January 1, 2017, the following enhancements will be implemented:35 years, any age - $3,90030 or more years, any age - $3,400 plus $100/yr of service for years over 30 up to $3,900So they are basically extending the time you have to work for them by 5 years to get a decent pension.&nbsp; If you stay with brown for 30 or more years you get a bit of a bonus, but I don&#039;t like eliminating your option to retire 5years earlier.&nbsp; I think that is very valuable especially in this day and age. Thumbs down from me.</blockquote>

[QUOTE="SWORDFISH, post: 1133073, member: 26234"] Another thing I don't like art 34 sec 1 near the end Years of Service Age Monthly Service Pension Pension Credit 35 years Any age $3,500 30 or more years Any age $3,000 plus $100/yr of service for years over 30 up to $3,500 25 years Any Age $2,000 up to age 57 25 Years 57 or older $2,500 plus $100/yr of service for years over 25 up to $3,500 maximum. Effective January 1, 2014, the following enhancements will be implemented: 35 years, any age - $3,700 30 or more years, any age - $3,200 plus $100/yr of service for years over 30 up to $3,700 Effective January 1, 2017, the following enhancements will be implemented: 35 years, any age - $3,900 30 or more years, any age - $3,400 plus $100/yr of service for years over 30 up to $3,900 So they are basically extending the time you have to work for them by 5 years to get a decent pension. If you stay with brown for 30 or more years you get a bit of a bonus, but I don't like eliminating your option to retire 5years earlier. I think that is very valuable especially in this day and age. Thumbs down from me. [/QUOTE]

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