132 employees reported this benefit
TSA offers a defined benefit retirement plan.
This information about the Retirement Plan benefit at TSA (Transportation Security Administration) is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of TSA (Transportation Security Administration). The description here may not reflect the current TSA (Transportation Security Administration) Retirement Plan benefit.
You earn a percentage every year you are employed. Percentage depends on job category.
1% per year, not very good, once vested, can continue benefits.
Even part-time employees can contribute to a TSP
good savings plans, still have money left over
5% match with 5% contribution, Pension after a certain amount of years of service, and social security.
One of the few bright spots in terms of TSA, they match up to 5% for your retirement plan and you can contribute as much or as little as you'd like. Only bad thing is they take away their whole contribution if you leave the agency.
Standard TSP for govt employees.
Retirement play was once best an employee could hope for these days. Once Congress started messing with how the Thrift Savings Program would pay out in terms of interest rates, it really made the TSP worthless.
1.7% of your high 3 years for first 20 years and then 1% per year after that. Can't go wrong with that.
I've heard it was a good plan. I'm not of age so I haven't really looked into it.