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Here are eight industries in which employers might still offer jobs with pensions to workers engaged in full-time employment.
While job benefits can vary greatly, some professions still provide traditional pensions. Here are 9 such jobs.
Pension benefits are primarily designed to favor workers who work a full career (typically at least 25 years of service), which account for approximately 24% of state-level public workers. In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well.
Utility workers can enjoy the dual benefits of a pension plan and high-paying jobs without requiring a college degree. In the U.S., utility worker’s average base salary is $62,704 per year with ...
The retirement fund is a defined benefit type pension plan and was only partially funded by the government, with only $268.4 million in assets and $911 million in liabilities. The plan experienced low investment returns and a benefit structure that had been increased without raises in funding. [29]
Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known as ...
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