University of Washington Employee Benefit: Retirement Plan | Glassdoor

University of Washington Retirement Plan

Updated Jul 21, 2014

193 employees reported this benefit

4.3
StarStarStarStarStar

Employer Summary

Various retirement plans are available to UW employees, depending on job position.

This information about the Retirement Plan benefit at University of Washington is the result of research by Glassdoor editorial staff, and was not provided directly by a representative of University of Washington. The description here may not reflect the current University of Washington Retirement Plan benefit.


Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 21
  • Jul 23, 2017
    StarStarStarStarStar Current Finance Manager in Seattle, Washington State

    We have a Defined Benefit plan for most employees: 2% of salary per year of service, plus a 403(b) on top of that. These Defined Benefit pensions are as rare as the dodo bird, so we're very fortunate in the public sector. Indeed, in the private sector, it would take stock options or a massive IRA ($500k - $1 Mil) to duplicate our pension payout for yearly cash-flow in retirement.

  • Jun 18, 2017
    StarStarStarStarStar Former Software Engineer in Seattle, Washington State

    The University of Washington matches contributions to the retirement plan up to X %. You can check the UW Benefits page to check the current value of X, maybe it is 7.5%.

  • Jun 10, 2017
    StarStarStarStarStar Current Lecturer in Seattle, Washington State

    Although the Retirement Plans are well managed and well matched, the monies are not available at all unless the employee quits.

  • May 03, 2017
    StarStarStarStarStar Current Employee in Seattle, Washington State

    Matching and can sign up for extra 401K like package (though no matching for extra savings)

  • Apr 01, 2017
    StarStarStarStarStar Current Employee in Seattle, Washington State

    Nice to have a pension and for those who have a high salary and higher disposable income, they have several retirement plans in addition to the pension.

  • Jan 29, 2017
    StarStarStarStarStar Former Research Scientist/Engineer III in Seattle, Washington State

    Pretty good roth IRAs and 401ks available.

  • Jan 15, 2017
    StarStarStarStarStar Former Undergrad Teaching Assistant in Tacoma, Washington State

    I'm not entirely sure about the full details of their retirement plan, but from my knowledge, the school does a great job of it.

  • Sep 20, 2016
    StarStarStarStarStar Former Publications Coordinator in Seattle, Washington State

    UW matches your contribution at 5% when you start, 7.5% at 5 years, and 10% at 10 years.

  • Aug 23, 2016
    StarStarStarStarStar Current Employee in Seattle, Washington State

    Retirement plan works like a pension. Takes 5 years before you are vested and can receive benefits at retirement age

  • Jul 29, 2016
    StarStarStarStarStar Former Employee in Seattle, Washington State

    Great matching with other options too


Work at University of Washington? Share Your Experiences

University of Washington
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or