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by abtinf
3052 days ago
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The inflation adjusted pension, which roughly works out to 33% of your final salary, is in addition to the federal 401k program and social security. The fact that it is inflation adjusted is critical. To calculate the value of the pension plan, you would need to compute the NPV of an infinite series (assuming advancing healthcare). The medical benefits are also quite significant and, for lower grade workers, will dwarf the value of the pension. |
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