The benefits were amazing, management was horrible.
A real pension, but it takes 5 years to be vested.
Health insurance is very good, and the matching contributions for the 401(k) plans are excellent but the vesting period is long. There is a DB pension but takes 5 years to vest into fully. I came from the private sector, and I was shocked at the end of the year to find out that - despite receiving a very high performance rating and going above and beyond in many projects - that there was no performance-related bonus payment. They do not make this clear at all, and if you are coming from the private sector (especially the financial industry) be forewarned.
Great retirement plan with matching contributions. Health insurance is also offered. Tons of paid time off. You also get discounted subway and bus fares. Once you have worked there for 6 months, they will pay for you to take a class while working and let you leave work to do it. There is a low-cost full-service gym in the building.
Best is you can get a pension if you are willing to stay there forever. Worst is you are underpaid and rarely get bonuses. You also have sick days but can not use them without first using 3days if PTO and having a doctor's note.
Been at the Philadelphia Fed for 10 years - 25 days of vacation, pension, 401K with up to 7% match, tiered medical and dental insurance plan that allows you to select how much coverage you want, flex days.
The package is exceptional. Like anything else the cost would vary from year to year. Much better than having no benefits at all.