I imagine not too many devs have the option of a pension like I do so I'll relay what was told to me about my pension. ~4.5 years ago I was told along with all the new hires in the room we would be the last generation of new hires with an option for pension. I opted not to take it as that said to me this would be the hardest to fund pension ever. Really my matching 401K and superior insurance do the trick for me even if the returns aren't high. After the '08 crash I've hedged against private stubbornly and admittedly have been pretty jealous of other benefits devs in the private sector get.....until now.