My Carpenters pension . It's all based on " 8 for 8 " 8 hours work for 8 hours pay . So the total agreed package is x amount of dollars . Part of that goes on a weekly check , then the rest divides into Health care , pension plan and vacation . If you're working .
Carpenters year is based on 1200 hours . Anything worked over that is extra paid towards benefits . Most times I worked 2000 plus hours . Gives the pension a good boost , and that's why I mentioned above that my health care was good for another 8 months or so .
So 30 years actual was 43 years on my pension .
We can draw our full pensions at 55 and still work . So I did that for 2 years . Lived on the pension and banked the weekly . All went good , so I went out at 57 . I'll be 60 in a couple weeks . Pension pays out as long as I'm above ground .