ExxonMobil Employee Benefit: Pension Plan | Glassdoor

ExxonMobil Pension Plan

Updated Jun 11, 2018

161 employees reported this benefit

4.5
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Employer Summary

ExxonMobil offers a pension plan to eligible employees.


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

Employee Comments

Showing 1–10 of 21
  • Jun 22, 2019
    StarStarStarStarStarEmployee

    Great and high value plan if you stick around until retirement age (15 years service and age 55), you have to meet both conditions to receive the most value. If you leave before turning 55, even with over 15 years of service, you still count as someone who quit before retirement, resulting in a huge penalty.

  • Feb 23, 2019
    StarStarStarStarStar Current Employee in Houston, Texas

    Company still offers a pension plan. Employees are vested after 5 years of service with the company. Most employees work for 30+ years with the company.

  • Sep 09, 2018
    StarStarStarStarStar Former IT Analyst in Houston, Texas

    Doesn't pay much but that's way more than what most others offer these days.

  • Feb 10, 2018
    StarStarStarStarStar Current okay computer in Toronto, Ohio

    very good for okay plan

  • Dec 18, 2017
    StarStarStarStarStar Current FLS in Beaumont, Texas

    One of the few companies that still offer a pension.

  • Oct 29, 2017
    StarStarStarStarStar Current Employee in Houston, Texas

    Great, usually around half of ending salary or lump sum.

  • Apr 17, 2017
    StarStarStarStarStar Current Employee in Dallas, Texas

    I haven't had to use the pension plan but most companies don't have one and ExxonMobil does

  • Nov 09, 2016
    StarStarStarStarStar Current Employee in Chicago, Illinois

    You can't retire early (earlier than 55 years old) and earn your pension even if you have had the required years of service (15 years).

  • Sep 30, 2016
    StarStarStarStarStar Current Employee in Houston, Texas

    Full pension kicks in at about 55 and 15 years of service.

  • Jul 31, 2016
    StarStarStarStarStar Current Advanced Engineer in Clinton, New Jersey

    Vested after 5 years of employment


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