[jahmed]

Yeah as a state employee my pay looks low compared to what some of my peers make. When you factor in benefits and 14% in pension contributions not to mention good culture and work-life balance I come out the same (if not ahead IMHO).

[Ntrails]

I don't know, I'd be getting nervous about state backed pension schemes (assuming that's what you're in).

[jahmed]

True, very true.

I'm part of a University system pension scheme that, while operating with a sizable unfunded liability, is fairly stable and has a good outlook. In the end there is a risk but it's difficult to quantify looking out 35 years in the future. I do know better than to take it as a 100% and have eggs in other baskets as well.