Does anyone understand the KPMG Pension plan? It says I have a cash balance of $8,500 as of 4/30/2018 and a projected cash balance of about 51,000 at 2055 for monthly payment of about $300...cont

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To do some simple math go on to the social security website and write down your projected payout.

Then run an excel spreadsheet with 401k contributions and expected returns.

Add up any other projected sources of income you have.

Now you’ve got a rough outline

helpful

Thank you!

Op you have to work for about 3 years to fully vest in the KPMG pension. I think you need about 1000 hours in each year to get full benefit. I would call KPMG help center and inquire by what date you would be fully vested in pension. I started in Jan and Aug or Sep or third year I was fully vested in pension.
The pension amount is not that big so if you got a good offer, I will think of this as 8500 or what ever cash value it has as a loss. Also, You can always ask the new employer to pay you this amount since you would be losing it because of leaving few months early.

helpful

Thank you! This is very helpful. I will give them a call to see when it vests. I think I'm close to it

Is this worth me staying 6 more months until it vests? First year senior here

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