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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I would only be jealous of a fed pension if they started 15 years ago. Newer feds pay in a lot more to get the same pension amount so it's lower salary in reality. Sucks.[/quote]

Yea but you would need to have many millions of dollars in a 401k to generate the sort of income you’ll get from a pension[/quote]
Pensions are only good if you live long enough to collect. I know of two people who died within two or three years after retiring. Pensions stop at the pensioner's death. What is remaining in a 401k can be left to heirs. [/quote]

Nope. For federal pension the spouse continues to receive at least 50% after death of partner with pension.

[/quote]
That’s only if you select survivor benefits. And only a spouse can inherit that pension. Everyone isn’t married, but most people have someone that might want to leave money when they die. Children  or any beneficiary can inherit a 491k, 457, or IRA. [/quote]

Survivor benefits is the default. If you don’t want survivor benefits then you have to elect it and spouse agree to it. Yes spouse can only inherit pension which is why I said spouse. [/quote]

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