Has anyone here not pursued an extension because client isn’t listening to advice, whitewashes statuses, purposefully misreports (read: lies) despite what data clearly shows, misses deadlines and then just rebaselines dates, etc. because of concern they will fail and try to blame consultants (so reputational risk) and for other reasons (e.g., no value in time billed, other work could be pursued, mental health, etc)?
I had always heard that was with respect to their vesting period and getting the max benefit out of their partner pension, since technically you buy in via a loan that is paid off over time. I could be way off though, so curious myself.
No effect on shares. Just means if you left the firm you get the pension as it’s vested after 10 years.
Thanks, makes sense.
It’s just a statement on your pension plan