{ "media_type": "text", "post_content": "EY just cut our pension benefits without giving us anything in return, anyone else pissed? Also, what's the other accounting firms retirement package look like? What's your 401k match + pension like?", "post_id": "5777d8c077c34e130042554b", "reply_count": 12, "vote_count": 3, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting", "feed_type": "crowd" }
null

EY just cut our pension benefits without giving us anything in return, anyone else pissed? Also, what's the other accounting firms retirement package look like? What's your 401k match + pension like?

like
Posting as :
works at
You are currently posting as works at

I think EY is the only big 4 with a pension

like

I left EY 3 years ago after 5 years there and I'm getting a payout of $12k...

like

EY is a low grade piece of shit

like

I think it's unheard of to even have a pension AND a 401k match at any other company.

like

PwC gets 401k match and a "wealth builder" account (it's a % of your salary and requires no contribution on your part, so kind of like a pension)

like

^^^ this. They aren't getting rid of the pension. They've changed the structure of it.

like

Regional firm here. We get a 3% salary contribution after 3 years, you become vested after 6 years. Most people don't stay that long.

like

We still have a pension.....

like

Did you actually watch the webcast??? We still have a pension, it's just not based on your highest three years salary, it's a cash balance. We get 1.5% match if you contribute 6% and after three (or four can't remember) it goes to 3% match for a 6% contribution. Plus now our match is paid each pay period. It used to only get paid in January for the entire previous year. If you left midway through the year you got none of your match. I like that improvement a lot. If you're wanting 10-15% matches, you'll need to get out of public accounting

like

Deloitte has both. Read up on cash balance pension plans. I think that's what pwc 1 is referring to. For Deloitte we get 1.25% if you put in 6% in the 401k. Then a cash contribution to the cash balance pension. Right now after four years with Deloitte my pension at 67 is estimated to be $135 per month. It will keep growing, but not like government pensions that are a percent of ending year salary,

KPMG 401k match 50% up to 5% contribution, pays pension after 3 yrs pf service, starts with 7k and grows every year

PwC weath builder is 4% of gross. Vests in about five years. 401k match is 25% up to 6% of gross. Or something like that

Additional Posts

thoughts on REP (augur) been watching for since it was 20s before it went 30+

Can anyone tell me the target variable compensation (bonus) for a Manager in KPMG’s Strategy practice?

like

Hello, I would like to look for a job in Europe, what are the chances of being hired sans a EU work visa (I hold a US passport) Where would I have the best chances? I speak Spanish & some Portuguese

like

Anybody know about Phear Creative? Seems like the do interesting work. I'm curious to hear what it's like from an insider.

like

Alright. I want to get some perspective. How many men in this introvert bowl are men? Whenever I speak about my introversion, people say ‘mostly girls are shy’. WTF!
- A proudly introverted man here.

like

Can anyone advise how they sell things? I hear so many stories of people selling all their stuff but when I put things up for sale it seems to just sit. What can I do?

like

Hi everyone! Any insights into salary, bonus, interview tips, etc at TikTok? Account Manager Role. Thank you!!

like

Question for Deloitte moms. I am 20 week pregnant and haven’t told my project leadership yet . Do you guys think I should wait till compensation is out or can I tell them? Also what is considered too late to tell the leadership?

like

Food debate: Square or Triangle

Post Photo
like

What are some good staffing firms for risk or fixed income?

like

Any thoughts on HUGE in LA?

like

Looking for some bomb ass Mexican food in the city. Not into the tex mex vibe, want something authentic that I will feel terrible about eating five minutes later, but really...it will be worth it.

like

Simple tool watch

Post Photo
like

Passionate about sustainability in the apparel/fashion space, but my firm does not sell a lot of work in this space. Dream job would be Patagonia, for example. Anyone else in this boat or

like

EB3 Jan 2017 priority date, i-140 is approved with previous employer. what are the chances my PD becomes current this oct 2021 bulletin? if yes, do I need move to old employer before filing i-485?

likesmart

Just read that Trump is itching to get businesses back up and running. One of the proposals is to only let people under 40 go back to work

like

I’ve been working 10+ years in this field, but I look 18. I “dress for the job I want”, always polished and in heels, *never* wear jeans to work and am mindful of my demeanor. But... (cont’d)

like

I wouldn’t do this for $3m, but for $5m why not

Post Photo
likefunny

I just finished law school and worked at a small firm my during my last semester. Just before things hit the fan, it seemed like they were going to extend me an offer. Haven't really heard from them recently. How do I indicate to them that I want to work for them after I take the bar and ask if an offer is still on the table?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

For account settings, visit Fishbowl on Desktop Browser or

General

Legal