One of the few places that still have a defined benefit and defined contribution. Also, the Richmond Fed offers tuition reimbursement. Solid benefits!
Benefits are outstanding, comprehensive and thoughtful. Wellness program onsite that includes medical staff for routine visits, workout/gym facilities and classes that support personal development and growth.
The best thing about the benefits package is that the FRB really cares about its employees and makes a lot of effort in providing said package.
They allow you to buy back part of your unused vacation
They have an excellent work/life balance culture.
Top notch pension plan making retirement a reality.
Fair amount of time off awarded and work life balance is taken seriously. Fantastic healthcare package and impressive 401K matching.
Actual full time, salaried workers are given great benefits. As an intern, you get nothing besides free bus passes to get to and from work.
Health insurance is reasonably priced and has multiple levels. The top level plan is terrific. Retirees can continue the health insurance if they retire after a specified number of years of service (10, I think) and are at a certain age (55?). By far, it is the health insurance that is the most attractive part of the benefits package.
The benefits package at the Federal Reserve will be equal to or likely better than any other employer's benefits package.