sfb wrote:
The pension plan must specify when you become vested. Only when vested
are you guaranteed a pension.

If the company goes into Chapter 11, your pension can go bye-bye. They can also
rewrite the terms to some extent, even if the company doesn't declare bankruptcy.

Typically, what you will see today is vesting at 5 or 10 years, but may
not collect until you are 65 if you leave before retirement.

Under Federal law, you are partially vested at 2 years and fully vested at 5 years.

George Patterson
Give a person a fish and you feed him for a day; teach a person to
use the Internet and he won't bother you for weeks.