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Benefits reviews
11-17 of 17 Reviews
4.0
Nov 22, 2015
Anonymous employee
Current
Atlanta, Georgia
Again, great railroad retirement. Too many people get burnt out
3.0
Jul 8, 2015
Anonymous Operations Supervisor
Former
Chicago, Illinois
it was solid and something you could depend on.
5.0
Sep 17, 2014
Anonymous Project Manager
Current
Jacksonville, Florida
From what I have discussed with other coworkers, many of which have worked elsewhere, CSX's pension plan is one of the best remaining on the market.
5.0
Sep 17, 2014
Anonymous Solutions Architect
Current
Jacksonville, Florida
Very adequate pension plan and is in conjunction with Railroad Retirement if applicable..
5.0
Sep 17, 2014
Anonymous employee
Current
Jacksonville, Florida
Its a pension - where most companies aren't offering one anymore!
It's basically goes above and beyond SS. There are two tiers - tier one is SS and tier two is RR retirement portion on top of tier one. This is separate from the 401k plan the company offers.
To be partially vested you need a minimum of 5 years service. If you were to leave prior to that you only get tier one which is the same as SS. Full RR Retirement can be obtained with a rule of 30-60. (30 years of service and 60 years of age). Hence you see many people don't leave the company and most have been here for sometime. However, there are a large amount of employees ready for retirement in the next 5 years - great opportunity for new hires.
4
5.0
Sep 17, 2014
Anonymous Training Instructor
Current
Atlanta, Georgia
It is much better than Social Security and has a separate retirement for your spouse.