2 ms·
And this detail - someone working 27 year for the company and only getting 20% of the full benefit - doesn't make these pensions really attractive. And in the a
by woobar 9y ago
And this detail - someone working 27 year for the company and only getting 20% of the full benefit - doesn't make these pensions really attractive. And in the article they even call it a "more generous types of pensions".
I know most of the DB plans were structured in a similar way, i.e. earlier years with the company have less impact on the overal pension. But this one looks more like a lottery, where you bet to stay employed at the same company for 30 years no matter waht.