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State and local government

10 moments for state and local government employees.

Name the moment, not the job title. Each one has a hook line to open a post or video with, its ringtone (the letter, bill or date people react to before they think) and what's at stake.

  1. Starting in a state pension

    “New state or city job? Your pension tier depends on your hire date.”
    Ringtone
    The pension enrollment
    What's at stake
    Tiers and contribution rules shape benefits.
  2. 457(b) plan at work

    “Your city offers a 457(b). Unlike a 401(k), you can withdraw without penalty when you leave.”
    Ringtone
    The deferred comp enrollment
    What's at stake
    457(b) plans have unique withdrawal rules.
  3. Considering a job change

    “Thinking about leaving public service? Know your pension vesting date first.”
    Ringtone
    A private sector offer
    What's at stake
    Leaving before vesting forfeits benefits.
  4. Buying service credit

    “You can buy military or prior service credit. It can move your retirement date up years.”
    Ringtone
    The service purchase quote
    What's at stake
    Service purchases change eligibility and benefits.
  5. Promotion before retirement

    “Your pension uses your highest years of pay. A promotion now can raise it for life.”
    Ringtone
    The promotion offer
    What's at stake
    Final average salary rules make late-career pay critical.
  6. Social Security and the pension

    “Public employee who didn't pay into Social Security? Check how recent changes affect your benefit.”
    Ringtone
    The Social Security statement
    What's at stake
    Recent law changes affect benefits for some public employees.
  7. Retiree health coverage

    “Does your employer pay for retiree health? It's worth a lot before Medicare.”
    Ringtone
    The retiree benefits booklet
    What's at stake
    Health coverage often decides the retirement date.
  8. DROP program decision

    “Your plan offers a DROP. Entering it is a bet on how long you'll keep working.”
    Ringtone
    The DROP election form
    What's at stake
    Deferred retirement option plans have irrevocable terms.
  9. Pension payout options

    “Single life or joint and survivor? The pension option you choose can't be changed.”
    Ringtone
    The pension application
    What's at stake
    Payout choice affects a spouse's security.
  10. Retiring and returning to work

    “Retired from the state and offered a job back? Check the return-to-work limits first.”
    Ringtone
    A rehire offer
    What's at stake
    Rehire rules can suspend pension payments.

Make a video about one See advisors for state and local government employees

General education, not financial advice. Check rules and figures against current law before you publish.