My mom has a pension from when she took an IBM buyout 15 years ago. She has been working in a school district the last 15 years and will also have one there. My father owns his company (plumber) and it is just him, so no pension.
I have one from a previous job that is about $1750 a month at 65 (32 more years), so it will be worth about $500-600 in today's dollars at that time I also work for a company now that has a pension. Currently it isn't much because I have been there for only a year, but will end up being about 25%of what my current salary is if I stay (adjusted for inflation).
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