Retirement contributions as an employed person

by Jessie
(Nacogdoches, Texas)

At 33.3 years of service, is it legal for an employer to stop a tenured person's retirment contributions and the employer stops contributing also at 33.3 years of service to the employer.


Wendy: Need more details.

WHO do you work for?
Are you eligible to retire now?
Will you get a lump sum or a lifetime monthly pension when you do retire?
How old are you?
Did contributions end for everyone or just you?

As you can imagine, its not simple to answer a question without all the facts.

Comments for Retirement contributions as an employed person

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More info...
by: Donna

What kind of plan are you talking about? A defined benefit plan? A 401k? Something else?

Is it written in the plan, this 33 yr rule? Or is it something they just did on their own suddenly?

As the other commenter asked, is it a rule just for you? Or is it a rule across the board that applies to everyone?


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