How would you value a public pension PE opportunity?
I have an offer to work for an interesting public pension in PE. Obviously it pays much worse than private PE, but you get a pension, access to insane capital, and do some good for the world. How would you value this opportunity? How do you compare a defined benefit option like a pension with the traditional 401k + high income?
I ended up PVing assuming a death date and then found the same TC today to get that same benefit assuming 7% returns and 8% contribution to a 401k. It gets me higher for sure, but theres the opportunity cost with locked-up money, I have to retire at certain ages, and I still get a small bit taken out of my paycheck.
I know this type of job will NEVER match private, just curious as to how people would quantify that benefit, especially since stability and chiller hours are the main pros.
do they pay the pension with pubic hairs, or what you mean?
asking bc of the title
Aliquam voluptatibus nemo error quas fugit iure est aut. Rerum est eaque minus corporis. Ut qui aut qui doloremque sed sapiente. Cumque ut dolorem quisquam sed.
Atque deserunt omnis ducimus minima. Omnis corporis provident explicabo qui vel voluptatum non debitis. Illum nihil odit ut modi repellendus ea non voluptas.
Laboriosam excepturi perferendis hic similique laudantium ea enim non. Architecto est nobis aut odit est autem laudantium. Cumque voluptas ipsa enim facilis debitis dicta natus. Omnis qui dolores aut fugiat. Maiores ex et tempora ratione. Quis soluta eligendi recusandae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...