{ "media_type": "text", "post_content": "Big 4 folks- what is the pension actually worth? Does it become a meaningful part of your retirement if you spend a career here and wind up at, say, SM?", "post_id": "61103ecd6a660a00247501a6", "reply_count": 6, "vote_count": 2, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

Big 4 folks- what is the pension actually worth? Does it become a meaningful part of your retirement if you spend a career here and wind up at, say, SM?

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OP - For reference, I spent 9 years at D and my pension at the time of departure was ~30K and I spent 7 years at EY and it was ~75K at departure. Started at D so lower salaries and moved to EY as a manager hence the higher accrual.

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Right and age also determines contributions to pension

Adding more data points: joined D right after college, and it’s been 4 years. Balance is around 15k right now.

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Your pension amount is dependent on years service, age and income. If you stay with the firm a long time then the contributions can become significant.

There is no DB pension at PwC unless you're grandfathered in one. Just contributions into the 401k and Wealth Builder.

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