5 Jobs That Still Pay Traditional Pensions

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1. Military personnel

Service members in the military, including those on active duty, reserves, or guard, may qualify for retirement payments after serving for a designated period, typically at least 20 years. The military employs various methods to calculate retirement payments, generally favoring longer-serving individuals with more generous benefits.

Military pensions are regularly adjusted to account for inflation, ensuring their value over time. Retirees also have the option to enroll in a survivor benefit plan, which offers annuity payments to surviving family members in the event of their passing, making it one of the best jobs with pensions.

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