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A bit complicated. There is a part A and B.
A is pre 2017, and builds payout in retirement based on years of service, age, and comp.
B is 2017 and later, where the firm contributes a cash amount into an account for you. When you leave you can cash it out or accrue until retirement and get paid out then.
All the details are on the MyPeople page, and you can see the amount of your cash balance on MYbenefits.
This is all for non-partners, P/P have a fully different system.
is there a difference of 6 years of service + 360 days versus 7 years of service?
I'd like to know that myself 😂
Following this as an EY alum