Toyota North America Employee Benefit: Pension Plan | Glassdoor

Toyota North America Pension Plan

Updated Jul 21, 2014

123 employees reported this benefit

3.9
StarStarStarStarStar

Employer Summary

Toyota provides a pension plan.

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


Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 13
  • Sep 14, 2018
    StarStarStarStarStar Former Planner in Torrance, California

    One of the few companies that still offered a pension plan when I was hired. No longer available to new employees.

  • Apr 27, 2017
    StarStarStarStarStar Current Employee in Plano, Texas

    3% Match and vested after 4 years

  • Jan 06, 2016
    StarStarStarStarStar Former Supervisor -team leader. in Cincinnati, Ohio

    Weak, very tiny amount they rely on USA to take care if an aged retired workforce. So nice of the Japanese.

  • Jun 14, 2015
    StarStarStarStarStar Current Assistant Manager in Georgetown, Kentucky

    Toyota is one of the few companies that still offer a pension plan.

  • May 14, 2015
    StarStarStarStarStar Current Supply Chain Manager in Torrance, California

    Up to 50% of final salary less 2% of social security.

  • May 08, 2015
    StarStarStarStarStar Current Assembly team member in Georgetown, Kentucky

    They don't go above and beyond at all. it's just ok

  • Apr 12, 2015
    StarStarStarStarStar Current Assistant Manager in Blue Springs, Mississippi

    Good pension plan you do have to work 3 yrs for full vestment.

  • Jan 25, 2015
    StarStarStarStarStar Current Band IV Manager in San Ramon, California

    When they still offered a pension it was great and funded very nicely. Unfortunately starting in 2015 new hires will not be eligible to get it.

  • Dec 16, 2014
    StarStarStarStarStarEmployee

    Current employees have been assured by company that they are vested in the pension plan and that will not change when corporate HQ moves to Plano, TX. Beginning January 1, 2015, new hires will not be included in the pension plan, but will be offered a modified 401k plan instead. I'll keep my pension.

  • Oct 30, 2014
    StarStarStarStarStar Current Vehicle Pipeline Administrator in Torrance, California

    It's a good thing for the current employees but once they relocate to TX this will probably change.


Work at Toyota North America? Share Your Experiences

Toyota North America
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or