FAA Employee Benefit: Retirement Plan | Glassdoor

FAA Retirement Plan

57 employees reported this benefit

4.5
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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 10
  • May 21, 2017
    StarStarStarStarStar Current Employee in Memphis, Tennessee

    The old systems was better than the FERS that we currently now use.

  • Mar 07, 2017
    StarStarStarStarStar Former Air Traffic Control Specialist in Auburn, Washington State

    Best thing is the early eligibility for air traffic controllers. 25 years of service at any age means as young as 46 or 47, you're retired.

  • Aug 03, 2016
    StarStarStarStarStar Current Air Traffic Systems Specialist in Medford, Oregon

    TSP and FERS system is antiquate

  • Apr 17, 2016
    StarStarStarStarStar Former Aviatio Meducind Specialist in Atlanta, Georgia

    US Gov employees have the best annuity programs offering employees several options including IRAs. No ad comments are available.

  • Feb 26, 2016
    StarStarStarStarStar Current Airway Transportation Systems Specialist in Green Bay, Wisconsin

    Thrift Savings Program is the federal version of a 401K. 100% matching to 3%. 50% matching between 3% and 5%.

  • Oct 02, 2015
    StarStarStarStarStar Current Program Analyst in Washington, District of Columbia

    Best thing is the remant of the defined benefit plan. Thrift Savings Plan, the govt's 401k equivalent, is very reliable and safe to invest in.

  • Jul 29, 2015
    StarStarStarStarStar Current Air Traffic Control Specialist in Leesburg, Virginia

    Find a better retirement plan outside of the federal government for someone who isn't a CEO or local government Indian chief.

  • Jul 25, 2015
    StarStarStarStarStar Current Civil Engineer in Des Plaines, Illinois

    Eligibility for FERS retirement plan starts at only 5 years of service and the annual amount received increases 1% of your highest salary per year of employment. You can start receiving the pension payments at age 62.

  • Jun 11, 2015
    StarStarStarStarStar Current ATSS in South Valley, New Mexico

    Retirement from FAA is like any other federal job - you got Federal Employes Retirement System(FERS) and Thrift Savings Plan (TSP). TSP contributions are matched up to the 6% level, FERS requires contribution but the gov't pays most of it.

  • Oct 29, 2014
    StarStarStarStarStar Current Air Traffic Controller in San Diego, California

    Air traffic controllers who maintain their status in a safety critical position can retire at age 50 with 20 years of service or at any age with 25 years of service. Pension plan is, however, partially dependant upon the viability of social security.

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