New York Life Employee Benefit: Pension Plan | Glassdoor

New York Life Pension Plan

Updated Jul 21, 2014

264 employees reported this benefit


Employer Summary

A pension plan is available to eligible New York Life employees.

This information about the Pension Plan benefit at New York Life is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of New York Life. The description here may not reflect the current New York Life Pension Plan benefit.

Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 41
  • Feb 17, 2019
    StarStarStarStarStar Current Employee in Madison, Wisconsin

    Great pension and not many around any more. 5 years to be vested

  • Jan 07, 2019
    StarStarStarStarStar Current Licensed Agent in San Francisco, California

    No 401k Matching . Only terinsurance. .

  • Sep 21, 2018
    StarStarStarStarStar Current Employee in New York, New York State

    Used to be better. Now a lump sum option paid as an annuity upon hitting retirement age.

  • Sep 09, 2018
    StarStarStarStarStar Former Corporate VP in New York, New York State

    Pension Plan no longer exists for employees who joined the company after 1995,

  • Aug 24, 2018
    StarStarStarStarStar Former Employee in Downers Grove, Illinois

    Who has pensions these days? Career agents can find a nice income stream if you sell to your contract.

  • Aug 22, 2018
    StarStarStarStarStar Former Employee in Tampa, Florida

    Not many companies offer a pension plan. This is a bonus.

  • Aug 17, 2018
    StarStarStarStarStar Former Insurance Agent in Deerfield, Illinois

    After 20 years of work you'll achieve a pension plan

  • Jun 08, 2018
    StarStarStarStarStar Current Employee in White Plains, New York State

    It is a good pension plan only because they offer one.

  • May 16, 2018
    StarStarStarStarStar Current Agent in Sunrise, Florida

    available after 20 years of employment

  • Apr 27, 2018
    StarStarStarStarStar Current Financial Services Professional in Houston, Texas

    I suppose it is a good thing. Must be with New York Life for 5 years to be eligible, which eliminates probably 90% of people who try working as an agent.

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