What makes a pension a "good" pension

[friar1610]

Well, I have two pensions.

The military pension I have had for 28 years, and it goes up a tad almost every year. I also believe it will continue for the remainder of my life. The Mega Corp pension I have had for nearly 6 and it never increases.

I like the military pension better.

But I agree that any pension is a good one.

I've been very happy with my military pension. Of course, it took me 28 years in the Navy to earn it. But, as Eagle says, it increases a bit every year (although I recognize it might not forever.) It is, without a doubt, the foundation of my early retirement.