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If so, advice much appreciated.

My brother is in his mid-thirties, a mid-level manager in a high tech industry who is looking to leave his current employer.

The only retirement moneypot he currently has, is his 401K account.

He is not counting on anything in the future from Social Security.

The grass is greener on the other side as he's been receiving good offers from other companies that are anywhere from 10-20% higher than his current salary. The benefits offered by these other employers are all comparable, with one difference, one of the companies also offers a pension program.

He says it's one of those pensions where the payout formula is based on average earnings over the life of your time at the company.

The salary offer from this employer is one of the lower ones he's received, but still higher than where he is now (and his current employer doesn't offer a pension).

Since all the offers are roughly comparable, in the current environment (Social Security shaky, etc.), he is seriously considering going to the employer who has the pension.

In the above scenario, would this be the deciding factor for you? If so, why?


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