Many companies do not have pension program

Many companies don't have pension program, but offer 401K match;
Normally, governments have pension program, yet no 401K match.
Only a handful of companies offer both pension and 401 K match.

Regarding your case:
Assuming that your starting salary is 100K, your salary after 20 years of service will be from 180 to 260K if the annual salary increase is assumed to from 3 to 5 percent.
Annual income from pension program is generally proportional to the num. of service years.
for a 20 years of service, the rate could be around 0.4 to 0.5.

Thus, your retirement form pension will be
180 K to 260 K multiplied by 0.4 to 0.5. in other words, 72 K to 130 K.

所有跟帖： 

• 谢谢，只有pension没有401,刚开始是六万起的，后来才到十万的，没有那么多，谢谢 -9876543- ♀ (0 bytes) () 08/05/2014 postreply 08:12:03

• 哈，公司照你这么开会倒闭的 -xiaoxing- ♀ (0 bytes) () 08/05/2014 postreply 19:31:38