50 employees reported this benefit
Principal has a really solid pension plan and retirement set up.
Fully employer funded, fully vested after 3 years.
Just so rare these days that any free money your can get from your company is a great benefit
Just having one these days is a bonus.
Perhaps a benefit for those that have been there for 20 years, I anticipate that it will become insolvent in the future.
They still have a pension plan!
Company still has pension plan but will need to determine next steps
Lots of loopholes to avoid paying a pension to their former employees this is likely a benefit that will evaporate soon.
given benefit. Cash balance plan with flexibility when you terminate.
Could have been more generous since they are in the the business of pension plans