Thursday, June 12, 2008

Unreal


I have been listening to my coworker whine this morning.

He is set to retire in July sometime and there is a possibility that he could be temporarily laid of for a few days in July.

It is confusing and I am not going to elaborate cause I really don't understand it.

But either way he is worried.

Why you ask. That's a good question.

He is worried because when this organization factors in your pension they look at your three highest earning years and come up with some amount to pay you for the rest of your life.

And if he was to be laid off for the entire month of July he would lose some money on his pension.

How much would he lose that is causing him to whine each day?

$1.73 a month!!

Or $20.76 a year!!

And he figures that he will live for around another 20 years or so.

Lets look at how much he would lose after some time.

Say he lives for 10 more years...he would lose $207.6 total.

20 years.....$415.20

30 years.....$622.80

40 years (unlikely as he is already in his 60s)......$830.40

Are you kidding??

I could understand his whining if it was $100 a year or something. But seriously, $1.73 a month or $20.76 a year??

Just knock it off. You are acting like a baby who had a toy taken away.

5 comments:

wifey said...

frustrated much honey?

Jenn said...

Wow....that's pretty ridiculous.

verb said...

i think to shut him up you should offer him the money he is going to lose out of your own pocket...haha...you could even take it out of the money that i owe you! I am a solutions oriented person!

GMan said...

jenn - isn't it though

verb - I thought of that already. I could just get the other people in the office to give me a dime each month and we could pay him that much money!

~*~Snappz~*~ said...

I'd tell him to use his $1.73 a day to go and buy himself a life ... :-)