State Farm Employee Benefit: Retirement Plan | Glassdoor

State Farm Retirement Plan

Updated Jul 21, 2014

483 employees reported this benefit


Employer Summary

State Farm offers a defined benefit pension plan to eligible employees.

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

Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 31
  • Oct 15, 2019
    StarStarStarStarStar Former Employee in Atlanta, Georgia

    There was really no retirement plan at this private office, state farm corporate i imagine has one though

  • Oct 12, 2019
    StarStarStarStarStar Current Supervisor in Atlanta, Georgia

    What’s not to love about a fully funded pension plan. You’re vested after five years and you can retire as early as 55

  • Sep 21, 2019
    StarStarStarStarStar Former Claims Processor in Tulsa, Oklahoma

    Still has pension plan funded by company only

  • Sep 11, 2019
    StarStarStarStarStar Former SIU claims in Irvine, California

    The Retirement plan is very good.

  • Jul 15, 2019
    StarStarStarStarStar Current Marketing Manager in Atlanta, Georgia

    They have a great pension plan

  • Jun 19, 2019
    StarStarStarStarStar Current Software Developer in Tempe, Arizona

    Good if you want to stay 25 years. The pension is terrible otherwise....please provide a better 401K match for people not wanting to throw their life away at the company

  • Apr 02, 2019
    StarStarStarStarStar Former Claims Specialist in Frederick, Maryland

    Currently very good, everything is changing though

  • Apr 02, 2019
    StarStarStarStarStar Current Administrative Assistant in Duluth, Georgia

    I am grateful that my company even has a retirement plan/pension, when most companies no longer offer that benefit. I feel we are financially stable and that the pension is something I can depend on. I would like my plan to actually have a larger amount than it will pay me in my retirement years. Not sure how in the world I'm going to live on a $1500/month pension (I am a 20+ year employee, too).

  • Mar 16, 2019
    StarStarStarStarStar Former Employee in Dunwoody, Georgia

    Company has 401k match once a year

  • Feb 09, 2019
    StarStarStarStarStar Current Claims Associate - Express in Atlanta, Georgia

    After 5 years you're full vested.

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