46 employees reported this benefit
TSP is great - employer matching is awesome - will match up to six percent.
they will match 3% of what you put in and vested after 5 years
It is a guaranteed percentage of your salary for life which is nice, but as most people don't stay in the Senate for long periods of time, it is tough to work long enough to make this benefit as valuable as it is in other government jobs.
I'm many years away from retirement, but I'm glad I have the pension.
you get money when you retire
TSP is the best plan in the nation.
If you are vested it is a great retirement plan and pension.
Employees can participate in the Thrift Savings Program (TSP), which is the federal government's 401(k). The Senate will match dollar for dollar on the first 3% the employee contributes, $0.50 on the dollar for the 4th and 5th percent. There is an automatic 1% agency contribution.
We have a modest pension, but it's unlikely to still be there when the 20 and 30-somethings that work here retire.
Pretty decent. Fully invested in 3 years, I believe.