Quote:
Originally Posted by Lakeboater
What makes you say that the NH retirement system is less generous that the MA system? Pretty sure, from talking to both, you have that backwards. I used to think the same thing.
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My teacher family and friends who teach in NH seem to have to work longer for less of a pension than family and friends who work as teachers in Mass and RI. I know RI is extremely generous, you can retire at 60% after 28 years (prior to pension reform). My father-in-law retired after 35 years from Mass and collects about $35,000 per year. In talking to NH teachers, their pay is less than Mass and RI, so as a result the pensions are lower.