Case Example – Lee Gets Covered By A Pension Plan At Work, continued

Lee – Do I have to make any investment decisions?
PA – No. We hired a firm to invest the pension plan’s assets.

Lee – What if I leave my job before I retire?
PA – Whether you’ll get pension payouts from us when you retire depends on how long you held your job with us. The less time you’ve spent with us, the smaller your payout tends to be. Moreover, your right to keep your traditional pension benefit is determined by our vesting schedule.