55 employees reported this benefit
Corning has a cash-balance pension plan for employees.
This information about the Pension Plan benefit at Corning is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of Corning. The description here may not reflect the current Corning Pension Plan benefit.
Pension plan will start after year 5
Outstanding benefit in a world where pension plans aren't offered. They think long term.
Company contributes funds to a separate pension plan. this is in additon to the standard 401K.
Average Package that everyone recieves
It's something that you don't see often anymore. Based on years of service and age at retirement, if you plan things right you can retire comfortably.
One of the few companies that still offer this benefit.
Company contribution increases with your age and years in the company. Not too many companies in the private sector offer their employees a pension plan any more.
Pay attention to it. Longer term employees used to get a company match. Not so new employees.
Pension plan is one of the best benefits