City of Fort Worth, Texas Pension Plan

20 employees reported this benefit
Updated May 17, 2017
3.8
8 Ratings

Employer Summary

Employer Verified Available to US-based employees (Change location)

Employee Comments

Showing 1–8 of 8
Mar 30, 2020
Former Civil Engineer in Fort Worth, Texas

its a wonderful plan for the people

May 11, 2017
Current Sr. IT Business Planner in Fort Worth, Texas

Best thing about the pension plan is the employer match. One worry is the long term sustainability of the plan. Unfunded pension liability is becoming a problem if Management doesn't make some changes.

Mar 20, 2017
Current Employee

You pay into your retirement and they also offer a drop program for city employees that pays out a lump sum after a person commits to work after they retire

Oct 31, 2016
Current Employee

Is the best I have ever known.

Apr 24, 2016
Former Public Safety Communicator I in Fort Worth, Texas

For regular employees the feature is fair but the number of years is increasing for benefits to be paid and employees contributions rising

Mar 20, 2017
Current Contract Admin in Fort Worth, Texas

Drop from 3% to 2.5%

Aug 10, 2015
Current Employee

It accumulates at 2.5% of your salary for each year that you work there and takes 5 years to become vested as a general employee. There is a rule of 80 retirement at the city (your years of service plus your age must add up to 80 before you'll start getting your pension, once vested).

Jul 15, 2015
Current Employee

Was better decreased when economy got worse. Thankfully, they grandfathered people before changing the plan.