Quote:
Originally Posted by CliffFletcher
Public service retirement benefits and pensions are paid for life, even if you worked for only a few years. You’re an expense on the books until you die. In the private sector once you quit or are laid off, the employer doesn’t owe you another penny.
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Only true if it's a DC pension which fair, is most private companies but there are companies in the private sector that have DB pensions and carry a liability. (Or that have now closed DB pensions they're still carrying liabilities for)
Even in the public sector, if you only worked for a few years, the "expense on the books" is not going to be large because you didn't accrue much pension benefit.