As people approach retirement, they might wonder about the net worth of their pension. The net worth of a pension is the present value of the future benefits that will be received from the pension plan, minus the present value of the contributions that have been made to the plan.
Knowing the net worth of a pension is important for several reasons. First, it can help people to make informed decisions about their retirement planning. Second, it can help people to compare different pension plans and make sure that they are getting the best possible deal. Third, it can help people to track the progress of their retirement savings.