I officially hit the 5 year mark at my company today. Amazingly, I started at this company two months before 9/11. I never thought I’d see the 5 year mark!
I have watched my pension “accrued” benefit rise each month for the last 5 years but always felt a bit of anxiety because, right next to the amount of my future payout, were the bold letters “NOT VESTED”. I knew that if the company went through another downturn or reorganized me out, I wouldn’t get a cent.
Well, that’s all changed now. No matter what happens, I have rights to that pension. Needless to say, I’m smiling today!