Walz doesn't own a single stock, according to financial disclosures and confirmed by a spokesperson. Same goes for his wife Gwen, per tax filings.
'The Rule of 90 was established for many public workers, but only for those who began teaching before July 1, 1989. Currently, non-Rule of 90 workers (Tier 2 workers) have to work until 66 or forfeit a significant amount of their pension benefit to penalties if retiring before that age.'
From this article: educationminnesota.org
20 years would not be enough for a pension. He would keep his retirement contributions.
When I was a public employee in IA I think we had the rule of 86. Years of service + age equal 86 you get the pension. I left long before that but was able to roll over my retirement contributions.
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