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Author: cyberisme Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5085  
Subject: Re: Pension Question Date: 3/25/2004 8:26 AM
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In the above scenario, would this be the deciding factor for you? If so, why?

2 reasons it's not a factor for me:

1. Usually full vesting requires a length of employment time to reap any benefits from the pension. Mine is 5 years, and even then, it's a very low "reap". Most especially in today's climate when people don't stay with the same company.

2. Compare the pension pay out & length of employment time frame with the difference in pay. Is it more then or less then the difference? Can the difference be invested in another companies 401K or an individual's brokerage account to reap a higher "reward" then the pension will provide?

For me, pensions are NOT an influencing factor in taking (or not taking) a better overall position. My priorities are 1st) environment 2nd) salary 3rd) benefits (and within benefits there are priority levels).

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