How does the pension work for Deloitte. Noticed the 401(k) match is only 1.5% but there is some sort of pension? Does it help non-partners? Thanks!

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No one knows how the pension works apparently. I’ve been searching for this answer for years

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It’s based on number of years at the firm and your salary, it’s not a % and some formula. It’s small but builds over time.

Does it make up for the small match?

No

It’s a cash balance pension. I don’t think it makes up for the dismal match unless you are there for 6+ years

I was at Deloitte for 8 years and my pension balance was just over 30k.

That’s sorta what I was getting at, as long as you 100% vest it is like a pretty good “total match”

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