Does your grandfather still work for the railroad company ?
No , he retired last year .
I thought you had to be a certain age before you could retire .
He would have had to wait until he was 67 , but he hurt his back .
And now he cannot physically do his job anymore ?
Exactly , so his company allowed him to have early retirement .
Will he still be able to receive his pension ?
Yes , because his age does qualify him for early retirement .
What about Social Security benefits ?
No , he will have to wait until he is 67 to receive them .
How long did he work for the railroad company ?
He was there for over thirty years .
Will that affect how much of a pension he will receive ?
Yes , because he worked for over thirty years , he will receive three quarters of his usual pay .
What if he had only worked there for twenty years ?
Then they would have only given him half of his pay for pension .
What will he do now that he is retired ?
He has always wanted to travel around the country with my grandmother .
Will he be healthy enough to do that with his back ?
Yes , but not for very long .
Will he move into a retirement home when they return ?
No , he can still take care of himself and does not need a retirement home .
What else will he do with all his extra time now ?
When he returns he plans to start a hobby .
The perfect hobby for him would be to build toy trains !
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