1.   In a typical case, a traditional pension will provide a longtime employee with about half the money earned while working.

2.   My pension will provide roughly a third of my salary at the time of retirement, and I will be eligible for Social Security.

3.   My pension will provide modest cost-of-living increases.

4.   Not only do pensions provide financial security for members and retirees, they are a key selling point every time a union tries to organize new members.