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> California public safety employees (police, fire, etc) get all four prongs of that deal, I think. Technically it's 90% of peak salary but "spiking" is cultura

> California public safety employees (police, fire, etc) get all four prongs of that deal, I think. Technically it's 90% of peak salary but "spiking" is culturally accepted, so in practice you can have more than 100% of your final year salary in pension benefits. Government postings are even better. The UN requires only five years of service before you're eligible for pension benefits, and you can still collect those on top of whatever pension your home country government gives you (which is common), or even while being employed in a different government posting. It's not 100% of salary if you only stay 5 years, but it's pretty large - you can easily reach eligibility for a pension that's large enough to live on before you're 30, and then "double up" by taking other government postings whose pension eligibility is handled separately.

hudibras 10y ago
UN pension is 1.5% per year, which you can start collecting when you're 62 years old. Not that unreasonable.
- chimeracoder 10y ago
  > UN pension is 1.5% per year That's the minimum. It goes up from there depending on your position. Typically, you could expect to make a lot, lot more than that, even for very short tenure: http://www.un.org/Depts/OHRM/salaries_allowances/salary.htm http://www.un.org/Depts/OHRM/salaries_allowances/salary.htm > which you can start collecting when you're 62 years old ...yes, but the point is that you only need to be employed for five years to be eligible for lifetime benefits. Work there for 5 years in your 20s and you're set.
  - yellowbeard 10y ago
    If you can't collect until your sixties, you still have some thirty years or so to work through.
    - chimeracoder 10y ago
      > If you can't collect until your sixties, you still have some thirty years or so to work through. ...so? This whole thread is in response to the claim that "I doubt there's even one pension plan, public or private, in the U.S., Europe, or Asia which [provides 100% of salary as a pension after working 25 years for eligiblity]". So, having a pension which provides more than 100% of salary as pension after working only five years for eligibility is very relevant. That's far more generous even than what OP described. Oh, and that income is tax-exempt in many places, to boot. It's an absurdly lavish benefit.

hudibras 10y ago

UN pension is 1.5% per year, which you can start collecting when you're 62 years old. Not that unreasonable.

chimeracoder 10y ago
> UN pension is 1.5% per year That's the minimum. It goes up from there depending on your position. Typically, you could expect to make a lot, lot more than that, even for very short tenure: http://www.un.org/Depts/OHRM/salaries_allowances/salary.htm http://www.un.org/Depts/OHRM/salaries_allowances/salary.htm > which you can start collecting when you're 62 years old ...yes, but the point is that you only need to be employed for five years to be eligible for lifetime benefits. Work there for 5 years in your 20s and you're set.
- yellowbeard 10y ago
  If you can't collect until your sixties, you still have some thirty years or so to work through.
  - chimeracoder 10y ago
    > If you can't collect until your sixties, you still have some thirty years or so to work through. ...so? This whole thread is in response to the claim that "I doubt there's even one pension plan, public or private, in the U.S., Europe, or Asia which [provides 100% of salary as a pension after working 25 years for eligiblity]". So, having a pension which provides more than 100% of salary as pension after working only five years for eligibility is very relevant. That's far more generous even than what OP described. Oh, and that income is tax-exempt in many places, to boot. It's an absurdly lavish benefit.