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I thought everyone is eligible to the pension after 1 year
Pension is for ppmd only
This as well: Pension plan provides retirement income to eligible professionals at no cost. Vested after 3 years of continuous service or at age 62 while employed. (Early retirement may be available.)
Is that different from 401K?
There’s a cash balance pension plan. You enter on the nearest June/November after completing one full year of service. You vest in the fund over time. No pension for USDC and PDM