Chevron Phillips Chemical Employee Benefit: Pension Plan | Glassdoor

Chevron Phillips Chemical Pension Plan

Updated Apr 06, 2016

25 employees reported this benefit

4.1
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Available to US-based employees (Change location)

Employee Comments

Showing 1–7 of 7
  • Aug 08, 2018
    StarStarStarStarStar Current Production Engineer in Sweeny, Texas

    There is a pension plan but the restrictions and penalties for withdrawing the money are unclear and hard to find.

  • Oct 17, 2017
    StarStarStarStarStar Former Employee in Baytown, Texas

    A pension plan is offered. Consider getting a lump sum.

  • Apr 22, 2017
    StarStarStarStarStar Former Employee in The Woodlands, Texas

    Solid plan and incommon these days.

  • Jun 26, 2016
    StarStarStarStarStar Current Employee in Baytown, Texas

    Don't know how to compare this. Potentially nice.

  • Aug 10, 2015
    StarStarStarStarStar Current Employee in The Woodlands, Texas

    Same as "Retirement Plan". The pension plan is very good, and like any pension plan, the longer you stay with the company, the sweeter the deal. Well funded. Con: Very difficult to determine present value.

  • Jul 11, 2015
    StarStarStarStarStar Current Instrument Electrical specialist in Sweeny, Texas

    Profit sharing and employer contributions

  • Apr 27, 2015
    StarStarStarStarStar Current Manager in Houston, Texas

    The pension plan allows you to build wealth over time. It is generous compared to other plans. Many companies no longer offer pensions.

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