How does partner pension work at PwC? Is it still defined benefit for new partners? How is it calculated?

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It is still defined benefit. It’s calculated based on a formula that looks at your career earnings, your age at retirement, years of service and a few other factors. Takes 10 years of service as a partner to vest. Pays until you die, or you can choose an actuarially equivalent amount paid until your spouse dies.

The Partner Benefits team (Lisa, probably) will explain it to you when you have your contingent offer.

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