Re: What does monthly RR retirement pensions pay these days?
Author: Former SLRG Hoghead
Date: 03-31-2020 - 11:33
I spent my entire 41 year career working for short lines and excursion railroads, and never made the big money of the Class Ones. My retirement check is about what my gross check was when still working. I have to buy my own insurance, but I don't have to buy gas for my 140 mile round trip commute. Additionally, I don't lose 30% to taxes and RRRet payments. Add to that, my wife gets 50% of my annuity.
We're by no means rich, but we get along quite nicely.