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Subject: 25/55 or is it 55/25


Author:
Mark Tobias
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Date Posted: 19:50:02 09/21/05 Wed

I work for mabstoa and opted into and paid into a 25/55 pension. i have docss to prove it. My pension statements say 55/25 not 25/55. Benifits department says im in 55/25 and must meet time and age criteria. 25/55 says i must meet time and since im vested I can freeze until im 55. I paid the additional and still pay 2% of gross salery. If I was in 55/25 I would only pay 1.85%. I think someones hand was in the cookie jar and we are going to get hosed!!! Im 44yrs old with 23 yrs of service. I wanted to retire at 51 with 30 yrs and freeze for 4. Any comments

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