514 employees reported this benefit
Multiple pension options to choose from when eligible.
The pension plan is not great. 1.5 of your average salary. However if you do make it to 2 years, they will contribute 5% of your base salary to Plan B
Although there has been talk by Kaiser of doing away with pensions for new hires they havent done so yet. There are less than 16% of any companies in the US offering a pension now days so a pension is hugh ( free $$$) You can receive your pension anytime you want after working 5 years regardless of you age. I retire next year with 3k a month for life. Happy happy joy joy .
It is based upon number of years
Excellant not many companies offer a pension plan this is one benefit that makes such a different if you are considering two places ,this benefit makes the difference in choosing one over the other
Great pension plan for union represented employees. Fully vested after 5 years of service. The formula for determining pension amount is (average final monthly gross salary) x 1.45% x years of service. For example, an retiree that's been with Kaiser for 25 years and made (on average) $6,000/mo before taxes during their last 5 years of employment would receive a monthly pension distribution of $2175 ($6,000 x .0145 x 25).
This plan is being phased out.
Pension plan should be decent, have to look into that.
No longer get pension as new social worker after January 1 2015 but 6 percent of your base pay contribution into a retirement account
very good, especially when most employers don't offer this anymore