Retiring to Lock in Benefits

With many organizations, agencies and government entities around the United States trying to save money, retirement benefits have often been on the chopping block. As a result, many employees have decided to  retire to lock in the previous benefits.
Examples can be seen across the country. In the National Football League, a few members of the Indianapolis Colts’ coaching staff decided to retire to lock in benefits.
Another example can be seen in the city of San Diego, California. According to a recent report, in excess of 600 employees for the city have decided to retire this year. The yearly average in …read more