US Department of Defense Employee Benefit: Retirement Plan | Glassdoor

US Department of Defense Retirement Plan

286 employees reported this benefit

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Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 38
  • Mar 04, 2019
    StarStarStarStarStar Current Employee in Fort Meade, Maryland

    50% of pay at 20 years of service plus full benefits is a great way to leave the DoD; the pay isn't great and other allowances aren't necessarily included.

  • Feb 05, 2019
    StarStarStarStarStar Former Employee in San Antonio, Texas

    Can invest in Thrift Savings Plan.

  • Nov 27, 2018
    StarStarStarStarStar Current Employee in Fort Meade, Maryland

    50% base pay after 20 years

  • Aug 15, 2018
    StarStarStarStarStar Former Employee in Arlington, Virginia

    decent but lower than private sector

  • Aug 14, 2018
    StarStarStarStarStar Current Employee in Washington, District of Columbia

    It is unfortunately a misnomer that a military is significant. Unless you want to move to a very low cost area overseas you must start a new career after you have served your 20 years. Yes it is a defined benefits plan which is good if you are in the single digits that actually serve out 20 years. Starting 2018 if you enter the military there is no longer a defined benefits plan. The retirement plan is now a portable 401K type with matching.

  • Feb 17, 2018
    StarStarStarStarStar Current IT Specialist in Tracy, California

    Not as good as it could be

  • Feb 15, 2018
    StarStarStarStarStar Current Employee in Fort Rucker, Alabama

    After serving twenty years you get half of you pay for pension.

  • Jan 25, 2018
    StarStarStarStarStar Former Country Director in Arlington, Virginia

    Getting progressively less generous for newer employees under FERS than it was for older employees who were guaranteed pensions, but overall comparable to private sector standards 401k

  • Jan 13, 2018
    StarStarStarStarStar Current Human Resources Specialist in Fort Bragg, North Carolina

    The best thing about the Retirement plan is that it provides and train the individual for the their next profession

  • Nov 01, 2017
    StarStarStarStarStar Current Electronics Technician in Norfolk, Virginia

    Matching savings, emergency disbursements available, if needed. The choice to save a little or a lot.

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