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They just don't retire , they keep working......
Lol, no.
At ey, its an enhanced pension which isn’t bad but no where close to partner’s one.
And significantly reduced from what it was.
Did you hear me spit the water out of my mouth as I read your question?
Until get fired?
Chief
Yeah a free Lamborghini, two free yachts
Serious question - how bad are the director’s retirement benefits? I plan to retire between 40-45, so probably not gonna bother pursuing the partner track...is it worth trying the director track or should I just go to industry?
Thanks PwC1, that’s good to know. Same here, not counting on the firm’s pensions, but curious. Does not sound like a ton for directors anyways.
you need to look at the retirement plan documents - in some (my) firm, even with being an MD the enhanced pension doesn't kick in until X years at MD, need to be a certain age (45 would not do it)
That’s fine, the retirement plan money is good to have but won’t count on it since ideally we’d have enough in our taxable accounts. Just wondering how good/bad the plan is, since it’s “enhanced” and I’d imagine it’s different from the regular plan to all employees.