possibilities

[bigliver]

I'm pretty sure the only person who can answer that is you. The option you laid out sounds good to me, but you are the one who is ultimately going to have to take that leap of faith into the unknown to the new job. Money is not everything, but there is really something to be said for security in the future.

[mhailey]

It is not a government position, and they have the pension, plus a 401k which they will match up to 7% of your salary. Those two things alone are huge. I feel movement in the wind.

[Ashcan Bill]

Will the pension by itself pay you the 80%, or are they including social security and 401k projections in that total?

If the pension alone will pay 80% of your highest earnings, that's huge.

But many companies add in SSI and the 401k when they throw out numbers. Be careful.

[d'am]

Originally Posted by mhailey

It is not a government position, and they have the pension, plus a 401k which they will match up to 7% of your salary. Those two things alone are huge. I feel movement in the wind.

Those two things are huge, and they'd seriously make me consider jumping ship. But those benefits have also hamstrung large firms with all the medical increases over the past ~10 years. I'd echo what a couple others have said: carefully consider the firm's long-term viability.