Public Employee – How do I calculate my savings rate and retirement goal?
Public Employee - How do I calculate my savings rate and retirement goal? 30 year old local municipal employee in NV. Have 5 years of service and ~70k in a PERS account (2.25xService Credit pension benefit). My employer contributes 29% of my gross income to PERS and my salary is not reduced. Max I could earn after 33 years of service credit is 75% of my highest income averaged over 36 months in retirement. I’ve built ...