In tech, is it worth it to go for lower salary in exchange for government pension?

In the IT world, it seems that government salaries are lower than market average, but they make up for it with a pension / defined-benefit plan. All the government employees I know are looking forward to their pension and seem to think it is a better deal overall than private companies’ higher salary but no pension. This is especially with the average market returns expected to be so low the next decade or so, and with the life expectancy going up, a pension in perpetuity is better than any nest egg you could save up on your own.Are there any calculators online (or past reddit threads) that help you fully compare private vs. government total compensation? I know it’s vague, but imagine for example total benefits of being a developer at Shopify vs. a developer at Treasury Board or EDC.From the calculations I have run, it still seems like private is a better deal. And this would be corroborated by the vast amounts of talent at Shopify and not at Treasury Board. I might not be calculating it right though. via /r/PersonalFinanceCanada https://ift.tt/3cmvGwq