Massachusetts General Hospital Employee Benefit: Retirement Plan | Glassdoor

Massachusetts General Hospital Retirement Plan

Updated Dec 09, 2014

142 employees reported this benefit

4.2
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Employer Summary

  • tax-sheltered annuity plan offers you an additional, tax-smart way to save for the future


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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 10
  • Jun 12, 2019
    StarStarStarStarStar Current Employee in Boston, Massachusetts

    They offer an employer-sponsored retirement plan!

  • May 15, 2019
    StarStarStarStarStar Current Employee in Boston, Massachusetts

    My 401k grew faster at my previous place of employment than my many years here. I have asked why but no satisfactory answer however, the pension plan with supplements one's 401k savings does make up for it (sort of)

  • Nov 27, 2018
    StarStarStarStarStar Former Research Fellow in Boston, Massachusetts

    There is literally no retirement benefits for us.

  • Oct 09, 2017
    StarStarStarStarStar Current Employee in Boston, Massachusetts

    Pension recently switched to a matching plan for new hires.

  • Aug 17, 2016
    StarStarStarStarStar Former Research Fellow in Boston, Massachusetts

    They offered a 403(b) retirement plan with Fidelity, but MGH did not match employee contributions, so it grew very little, since the salary was at $45,000

  • Apr 15, 2016
    StarStarStarStarStar Former Employee in Boston, Massachusetts

    An excellent, well-managed plan with good secure options.

  • Feb 13, 2016
    StarStarStarStarStar Former Administrative Assistant in Boston, Massachusetts

    Their Retirement Plan is wonderful and I am now taking advantage of that. They contribute much toward your retirement.

  • Nov 08, 2015
    StarStarStarStarStar Current Employee in Boston, Massachusetts

    A hospital-paid retirement plan provides a retirement foundation upon which you can build. A tax-sheltered annuity plan offers you an additional, tax-smart way to save for the future. Our retiree medical plan is designed to help eligible employees pay the cost of medical coverage after retirement.

  • Jun 30, 2015
    StarStarStarStarStar Current Software Engineer in Boston, Massachusetts

    Excellent pension/annuity that rewards those who stay at MGH for a long time. There are also various options for employees to put into supplemental plans.

  • Jun 29, 2015
    StarStarStarStarStar Current Employee in Boston, Massachusetts

    MGH is one of the few places that still has a pension

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