The US Department of Labor, in cooperation with the Social Security Adminstration and the Centers for Medicare and Medicaid launched an online Retirement Toolkit to assist in planning for retirement. You can find information about when you are elligible for Social Security (benefits of delaying payments), 401K plans (penalties for early withdrawals), and health and prescription benefits (through private insurance and Medicare). There are also retirement calculators which can be used to determine future expenses and savings needed to achieve financial stability in retirement.
Since the State Employee Pension Plan provides less than 30% of salary in full service retirement, it is more important than ever that state employees stay informed and prepared. Check it out at www.dol.gov/ebsa/pdf/retirementtoolkit.pdf and have a happy retirement..