US Navy Retirement Plan

2099 employees reported this benefit
4.4
417 Ratings

Employer Summary

Employer Verified Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 417
Sep 19, 2020
Current E5 PO2 in Honolulu, Hawaii

A lot has changed with this benefit, with the newer Blended Retirement you are guaranteed to leave with at least something set aside in your TSP.

Sep 14, 2020
Former Employee in Jacksonville, Florida

all of what you put into it, make it work for you!!

Aug 31, 2020
Former Electronic Warfare Specialist in Virginia Beach, Virginia

TSP has several options with unmatched return on investment.

Jul 29, 2020
Current EMN3 in Agana Heights, Guam

A great retirement plan if you intend to stay over 20 years.

Jul 21, 2020
Current Employee in Washington, District of Columbia

3% employee match on TSP (401K)

Jul 11, 2020
Former Employee in Port Hueneme CBC Base, California

Benefits were ok depending on the tempo of the workplace. Sometimes you get inexperienced personnel.

Jun 14, 2020
Current Employee in Norfolk, Virginia

The old retirement plan was much better.

Jun 6, 2020
Current Employee in Beaufort, South Carolina

401k equivalent is the thrift savings plan.

May 18, 2020
Former Naval Officer in Bremerton, Washington State

Must serve a minimum of 20 years to get a 50% salary retirement. Each year over 20, gains another 2.5% per year. Benefit can be drawn immediately upon retirement regardless of age. Do not have to wait until 65 like many other retirement plans.

Apr 1, 2020
Current Midshipman in Naval Academy, Maryland

Don’t start it until later on after graduation but it’s nice from what I hear

Viewing 1-10 of 417