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Koch Industries Pension Plan

76 employees reported this benefit

3.7
10 Ratings

Available to US-based employees Change location

Employee Comments

Showing 1–10 of 10
Apr 23, 2018
5.0
Former Employee

Pension plan is no longer available to new employees. You had to be hired prior to 2016 to get in the plan. I've been here long enough to be fully vetted so it is good for me.

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Jan 1, 2018
1.0
Current Employee

I have never used it but know the info is hush hush until you apply for it.

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Koch Industries response

Our benefits philosophy is aligned with our market-based management and compensation philosophies in that we aim to provide competitive compensation (base salary, incentives, and benefits) which reward employees for their overall contributions. Individual benefits provisions vary, and more detail can be found in our 2018 Benefits Summary for Koch Industries here: http://www.kochind.com/assets/pdf/koch-2018-benefits-summary.pdf

Koch Industries response

Our benefits philosophy is aligned with our market-based management and compensation philosophies in that we aim to provide competitive compensation (base salary, incentives, and benefits) which reward employees for their overall contributions. Individual benefits provisions vary, and more detail can be found in our 2018 Benefits Summary for Koch Industries here: http://www.kochind.com/assets/pdf/koch-2018-benefits-summary.pdf

Oct 3, 2016
4.0
Current Project Manager in Corpus Christi, TX, Texas

Unless you work for the government or railroad, you won't find a pension plan anymore.

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Jan 11, 2016
4.0
Current Employee

Koch is unique in offering a pension plan to their employees. Unfortunately, this benefit will not be available to new employees starting after 12/31/2015.

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Jul 13, 2015
3.0
Former IT Manager in Atlanta, GA, Georgia

It is based on years alone, no opportunity to invest like previous employer.

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Jun 28, 2015
5.0
Former Employee

That they have one.

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Jun 6, 2015
4.0
Current Engineer in Wichita, KS, Kansas

Added benefit to working for a private company that does not have stock options

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May 20, 2015
3.0
Former Tax intern in Atlanta, GA, Georgia

I know you get a pension after 5 years, but unsure of details.

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May 4, 2015
5.0
Current Client Technologies Technician in Atlanta, GA, Georgia

Seriously, who offers pensions anymore? It is good. Definitely take it.

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Jan 4, 2015
3.0
Former Facilities mechanic in Wilmington, MA, Massachusetts

they hold off until you have 4 years to be "fully vested" until you are eligible to receive company matching funds and they look at total hours worked

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