Federal Reserve Bank (NY) Employee Benefit: Pension Plan | Glassdoor

Federal Reserve Bank (NY) Pension Plan

43 employees reported this benefit

4.4
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Available to US-based employees (Change location)

Employee Comments

Showing 1–9 of 9
  • Jan 26, 2019
    StarStarStarStarStar Current Manager in New York, New York State

    The pension plan is good.

  • Mar 19, 2018
    StarStarStarStarStar Current Employee in New York, New York State

    Pension plan is included which is rare these days

  • Nov 08, 2017
    StarStarStarStarStar Current Financial Controller in New York, New York State

    One of the few companies that still offers one.

  • Apr 04, 2016
    StarStarStarStarStar Current Employee in New York, New York State

    It is one of the very few places with a pension plan

  • Dec 10, 2015
    StarStarStarStarStar Current Manager in New York, New York State

    Needs to vest at least 5 years before becoming available.

  • Nov 02, 2015
    StarStarStarStarStar Current Senior Bank Examiner in New York, New York State

    See previous comment for Thrift that was want for their Pension plan. Essentially do not expect to be able to retire from Fed pension unless you spend your entire career at Fed, in which case if you do that would mean that you' were not a good enough professional to be employable in the private sector.

  • Feb 01, 2015
    StarStarStarStarStar Current Employee in New York, New York State

    Vested after five years of employment

  • Oct 04, 2014
    StarStarStarStarStar Former Employee in New York, New York State

    5% of salary contribution for the first 5 years followed by 10% salary contribution. Pension plan vests on the 5th year.

  • Aug 11, 2014
    StarStarStarStarStar Former Employee in New York, New York State

    Who gets a pension these days? This is rare.

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