> If you can't collect until your sixties, you still have some thirty years or so to work through.
...so?
This whole thread is in response to the claim that "I doubt there's even one pension plan, public or private, in the U.S., Europe, or Asia which [provides 100% of salary as a pension after working 25 years for eligiblity]".
So, having a pension which provides more than 100% of salary as pension after working only five years for eligibility is very relevant. That's far more generous even than what OP described.
Oh, and that income is tax-exempt in many places, to boot. It's an absurdly lavish benefit.
...so?
This whole thread is in response to the claim that "I doubt there's even one pension plan, public or private, in the U.S., Europe, or Asia which [provides 100% of salary as a pension after working 25 years for eligiblity]".
So, having a pension which provides more than 100% of salary as pension after working only five years for eligibility is very relevant. That's far more generous even than what OP described.
Oh, and that income is tax-exempt in many places, to boot. It's an absurdly lavish benefit.