Re: Re: Retiring officers in the military
That's a hoot. I just retired from a job with the county at 63 and my State pension adds up to a grand total of less than $20K a year, with no other benefits, and I was a manager. If it wasn't for my AND my wife's Social Security I'd qualify for food stamps.
Those big pensions are extremely rare, for top level executives, and are for so few people they make relatively little difference in the total cost of the pension system--you know, kind of like the outrageous bonuses, stock options and golden parachutes business executives get for gutting their companies and outsourcing jobs overseas. Someone's been misinforming you, to put it mildly.