I think the value of the pension is that it's less money coming out of my TSP and 401k during retirement, allowing those funds more time to grow before they're really needed (i.e., expensive long term care). As one of those lucky guys on DIFOPS orders and with an accommodating employer, I've felt that it's worth the squeeze so far.The pension is a big plus too, especially when most of the aviators I know were at or a little more than halfway there when they joined the reserves and the next 10 years goes a lot faster than the first. Most guys in my unit are looking at $3000 or more in pension a month starting at 55-59 years old for a total close to $1 million if you live as long as average, not too shabby.