Just accepted a job that offers a pension. Should I change my ROTH IRA strategy?

I officially got hired on and starting mid October I will start contributing to my pension. I enjoy the organization I work for and the work I’m doing.

I’m 33 and currently max out my ROTH IRA and have it invested in Total US/Total Ex-US funds. For those who have a pension how do you handle your IRA or overall asset allocation knowing a steady income stream is coming later?

Pension breakdown:

• Fully vested after 5 years

• 2% COLA per year once retired

• 7.75% pre-tax employee contribution per paycheck

• Employer contributes 7.79%

• Pension formula:

  – 1% at age 52 (Early Retirement)

  – 2% at age 62 (Normal Retirement)

  – 2.5% at age 67+ (Enhanced Retirement)