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<blockquote data-quote="Oldfart" data-source="post: 2416752" data-attributes="member: 64407"><p>Traditional pension maxed out after 25 years. EVERYONE with more than 30 years are much better off when they ended the traditional and began the portable. You can have a six figure lump sum waiting on you on top of the traditional. If there were no traditional, 30/35/40 year employees would be working with ZERO growth of their pension other than the growth of your 5 best years amount. The company might be smart to not keep you 30 years or more, but a stable, dependable employee is more valuable than retraining a person every few years.</p></blockquote><p></p>
[QUOTE="Oldfart, post: 2416752, member: 64407"] Traditional pension maxed out after 25 years. EVERYONE with more than 30 years are much better off when they ended the traditional and began the portable. You can have a six figure lump sum waiting on you on top of the traditional. If there were no traditional, 30/35/40 year employees would be working with ZERO growth of their pension other than the growth of your 5 best years amount. The company might be smart to not keep you 30 years or more, but a stable, dependable employee is more valuable than retraining a person every few years. [/QUOTE]
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