1107 employees reported this benefit
Investable retirement plan and you get retirement from retiring with the corps.
pretty good if you are willing to destroy your body for 20 years
Possibly the best in the world
it will pay you almost enough to live on provided you last 15 years, by the time you retire your body is usually worn down and broken, and most retirees need to start a second career or die on deployment before retiring.
They definitely pay you for the rest of your life after you retire, but you have to stick around for quite a while to get anything worth having.
Recently became 401k-like. Great if you can make the contributions, and Uncle Sam will match 5%
It’s what you make of it
New retirement plan is great for those who don't want to stay a full 20
If you serve 20 years of service you get your 50% pension upon retirement. You also get a ceremony with your unit in formation in honor of your service. Some Service members can retire early (usually medically) and at 15 years get 40% pension. You also can take more than 60 days of terminal/retirement leave, and select an area/home of retirement of your choosing. If you opt into a Federal job, you can also buy your time back from the United States Marine Corps and attribute it to your retirement and/or pension.
401k but no match from company.