Travelers Employee Benefit: Pension Plan | Glassdoor

Travelers Pension Plan

Updated Jan 11, 2018

213 employees reported this benefit

4.0
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Employer Summary

Employees who work at least 20 hours per week and have one year of continuous employment are eligible to participate in the pension plan, which is 100 percent funded by Travelers. The pension formula provides annual pay credits of 2 to 6 percent, based on age and years of service. The pension plan also provides quarterly interest credits. The vesting period is three years of service.


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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 18
  • Jan 27, 2017
    StarStarStarStarStar Current Employee in Richardson, Texas

    You are fully vested after 3 years of employment

  • Dec 20, 2016
    StarStarStarStarStar Former Employee in Saint Paul, Minnesota

    Pension was a great benefit that is not seen much anymore

  • Dec 09, 2016
    StarStarStarStarStar Current Employee in Houston, Texas

    This could be better considering company profit.

  • Feb 02, 2016
    StarStarStarStarStar Current Unit manager in Sacramento, California

    Great pension plan in place

  • Dec 29, 2015
    StarStarStarStarStar Current Financial Consultant in Hartford, Connecticut

    Pension funds are diminishing in this day and age, the pension system is pretty standard but will be minimal part of retirement.

  • Dec 22, 2015
    StarStarStarStarStar Former Market Analyst in Hartford, Connecticut

    nothing was portable and little information was known or shared when you asked HR.

  • Oct 09, 2015
    StarStarStarStarStar Former Claims Service Representative in Houston, Texas

    It's sizeable if you put in the time.

  • Aug 26, 2015
    StarStarStarStarStar Current Unit Manager in Washington, District of Columbia

    It is paid by the company but monthly payments to retirees is minimal

  • Aug 12, 2015
    StarStarStarStarStar Former Employee in Spokane, Washington State

    No employee contribution required to participate

  • Jul 12, 2015
    StarStarStarStarStar Former Sales Counselor in Richardson, Texas

    they have a great pension plan i heard


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