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Match 7% for 401k plan
Pension is earned upon hiring
Cash Pension and matching 401k
Better retirement plans elsewhere that will be available to you sooner and too old to cash it in
I believe the retirement plan is ok after your time vested
Retirement plan is 3% for the first 6 years of service. Gradually increases afterwards.
The company really takes care of you.
401k and a pension plan combined with frequent visits from advisors who assist with retirement planning makes for a strong plan overall.
They do have a retirement plan based on length of service
When your pay climbs due to experience, service, and skill, they will cull you from their rolls (end your employment) so they don't have to give you corresponding pay, so you'll never see the retirement plan in action in your own life.