New York Life Employee Benefit: Pension Plan | Glassdoor

Employee Comments

Showing 11–20 of 41
  • Nov 29, 2017
    StarStarStarStarStar Former Senior Support Specialist in Austin, Texas

    5% pension that fully vests in 3 years. It was the best and only pension I've seen from a private company.

  • Nov 03, 2017
    StarStarStarStarStar Former Agent in Woodland Hills, California

    Pension is based on your sales of certain products and you must be with the company 5 years before you are vested.

  • Oct 12, 2017
    StarStarStarStarStar Current Insurance Agent in Salem, Oregon

    Pension plan is based on years of service and the business done in those years.

  • Sep 26, 2017
    StarStarStarStarStar Former Director in Jersey City, New Jersey

    Pension plan is great if you qualify for it. There was a cutoff employment date based on the year you started to determine eligibility so employees hired after a certain date are no longer eligible.

  • Aug 29, 2017

    Company pays whole deal as percent of income. 2.75% of income per year

  • Aug 20, 2017
    StarStarStarStarStar Former Insurance Agent in San Francisco, California

    They do put money in, but its not much.

  • Jul 27, 2017
    StarStarStarStarStar Current Agent in Sunrise, Florida

    Pension plan provides you based on performance and income.

  • Jul 20, 2017
    StarStarStarStarStar Current Agent in Honolulu, Hawaii

    Good wth your renewals that is the good part of life insurance industry

  • Jul 10, 2017
    StarStarStarStarStar Current Financial Advisor in Tucson, Arizona

    If you perform very well and are with the company 30+ years your pension could reach close to $1 million annually. most agents will not take the pension though because by this time you business should be large enough that you could work 1 day a week servicing accounts and far exceed the pension.

  • Jun 26, 2017
    StarStarStarStarStar Current Executive Partner in Glendale, California

    Fully contributed by the company

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