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Hey all...

So, I'm not necessarily planning on retiring early but things are changing all around my area right now and I am at least wondering about a few things.

I've always planned to retire at 60 with 25 years (I had other years elsewhere).

If I couldn't hold on that long (all positive reviews even several distinguished and making growth, etc.) and I retired at 55 with only 20 years what would happen with insurance?

1. Would I be insured (health) at 55 as a retired person? (I was hired when you only needed 5 years to lock in health insurance)

Would I still be able to cover my kids with this insurance for what I am paying now?

2. Would the retirement pay begin at 55 years then and keep going? I know the reduction would be insane. I have looked that part up and it's not even amusing.

Again, I am not intending to retire earlier than planned but was wondering about those two things. TIA!
Staying positive Sorry about the duplicate. My pinkie finger slipped.

On 5/22/16, Staying positive wrote: > Hey all... > > So, I'm not necessarily planning on retiring early but > things are changing all around my area right now and I am > at least wondering about a few things. > > I've always planned to retire at 60 with 25 years (I h...See More
May 22, 2016
recent reiree Yes - you would get retiree health coverage at either age based on what you said. Who knows what the future will bring - I went ahead and retired early with less money because I do not trust our legislature. I wanted to get locked in. The only way I could retire at all is to have the insurance. I don't know about dependent coverage because I have n...See More
May 23, 2016
recent retiree Oh- the pay question - yes, you have to start taking retiree pay when you retire. You can't just take the insurance. And it would remain the same for life ( barring any COLA raises- which are not likely).
May 23, 2016
Staying positive On 5/23/16, recent retiree wrote: > Oh- the pay question - yes, you have to start taking > retiree pay when you retire. You can't just take the > insurance. And it would remain the same for life ( barring > any COLA raises- which are not likely).

I appreciate your responses. They are helpful. :)
May 23, 2016


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