{ "media_type": "text", "post_content": "Partners: how much exactly is Partner pension? This is my main motivation for staying in consulting. Is it the average of your highest 3 years of earnings as Partner? Is it the same at EY and Deloitte", "post_id": "5a7133d6b6f5980018621d9a", "reply_count": 7, "vote_count": 3, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

Partners: how much exactly is Partner pension? This is my main motivation for staying in consulting. Is it the average of your highest 3 years of earnings as Partner? Is it the same at EY and Deloitte

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You are motivated by a payout 30 years from now? I wish I had your patience

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Betting on partner pensions still being around when you retire seems like a bad plan

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It's probably not worth it. There's your answer.

Op got boned

It varies between firms. I don’t think most will spell it out here but I would sit down with one of your partners and ask the question. P1 is right that every couple of years it gets less attractive. What the Partners got when I started far exceeds what I am getting and the next generation of partners will get less. And just ask the Arthur Andersen ex partners what they got out of their pension. Keep putting away money in your 401K and IRA and whatever the Pension ends up being will become a lovely slush fund for world travel and spoiling grand kids.

How long does it take the pension to vest?

Well this was motivating 👀

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