A view of life and commercial real estate from Newark and Licking County, Ohio
I work at the pleasure of the state of Georgia. There are at least three retirement plans that our current employees are enrolled based upon their start date. Mine is almost nothing in the way of a pension. The richest one is the oldest one still in existence. For $7-10 per month or so over the span of a career in state service, your selected beneficiary would receive your retirement payment after you die and until they die. Pretty sweet eh? Inheriting your mother's or father's retirement check. Talk about the gift that keeps on giving. Jeez.