Chubb Employee Benefit: Pension Plan | Glassdoor

Chubb Pension Plan

Updated Mar 26, 2015

45 employees reported this benefit


Employer Summary

Pension Plan

  • Chubb provides a “defined benefit” pension plan at no cost to you.
  • You enter the plan on January 1 or July 1 following the completion of one year of service and age 21.
  • Vesting occurs after 3 years of Chubb service.
  • Cash Balance formula based on “Pay Credits” and “Interest Credits”.
  • Chubb contributes between 2.5-5% of eligible pay to your “account” every 6 months depending on your age and service.

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Employee Comments

Showing 1–1 of 1
  • May 03, 2016
    StarStarStarStarStar Former Employee in Whitehouse Station, New Jersey

    Good pension plan program no negatives

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