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Originally Posted by theoldwizard
Ford Salaried now has 2 plans. The "old farts" still have DB, anyone hired after (IRRC) 2001 is DC.
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My megacorp is the same. Being an "old fart" I get a full DB pension plus health insurance at 55. Should be approx $50k/year 
My previous 2 megacorp ompanies are in exactly the same situation and being an "old fart" I'm grandfathered in, I am receiving one of my pensions now ($5k/year) but cannot get the other one until I'm 65 ( approx $12k/year and it is COLA'ed).
I think only about 25% of companies that used to offer DB plans still do, and that number is probably still falling.
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