Quote:
Originally Posted by barb02
I am taking an early retirement and with early retirement comes a penalty. I am turning 55 in a few weeks. But I have been teaching college students for 29 years, including three years when I was in grad school. I am ready to graduate!
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They (the government) needs to stop. It is not as if you have hit retirement age and only worked 2 years. You've been teaching for 29 years and you deserve a break. By the time I hit 55 I'll have worked 30+years and still not be elgible for full retirement. In the military you only need to be in 20 years and then retire. I have a brother that never saw a day of combat or anything close to it except war games and he retired at 38.
You should not face a penalty or anyone who has put in the years. What happened to the days when you worked 25 or 30 years and was elgible to retire penalty free?