52 employees reported this benefit
In an era of fading pensions; fdic provides a full pension which is in addition to two 401k programs with total matching of 100% of 10% of salary.
Seems like a good plan, but your term of service requirement to fully vest is too long for most term employees to benefit from the pension plan.
Pension plan PLUS 401K PLUS TSP
4.1% of your salary goes toward the Pension Program.
Thrift savinga plan, matching up to 3%
One of the last plans left
CSRS, the Federal Government's retirement pension plan was stopped for new employees. Employees who joined after the CSRS are under the FERS program, that offers much less in pension income than CSRS did.
5 year vested plan with 1% per year plus 401k match
Reliability that it will be there in the future.
Don't rememeber exactly, may be get full contribution if we service 5 years.