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- May 12, 2006
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Hi Ive been trying to do a comparison of retirement and benefits offered by different companies. Im trying to compare my current company (Kaiser) with my former (the VA). Id like to get some input from anyone who is working at the VA regarding there benefits.
(I dont want to go into which place is better to work at I think they are both wonderful)
Kaiser:
- $15,500 tax sheltered annuity (to be paid by employee)
- Equivalent of 5% of yearly salary placed into annuity every year after 2 years of service
-$1500 a year for continuing education
- Pension: total average monthly compensation x 1.5% x years of service paid to employee every month after retirement. Can not be accessed until age 65.
- Obviously inexpensive life/disability/dental medical insurance as long as you are employed with Kaiser
This what I think the VA offers based on my residency there and job listing Ive looked at, please correct me if Im wrong or missing anything.
VA:
- $15,500 401K (to be paid by employee) employer will match up to 5% of salary each year
- $5,000 a year tuition reimbursement up to $40,000 total
- Obviously inexpensive life/disability/dental medical insurance as long as you are employed with the VA
- No pension -->(anecdotal), is this true!!!? I would think a govt job would offer a pension.
- Life time medical coverage after 20 years -->(anecdotal), is this true??!!! (sounds to good to be true, I know public health service does this but this is after years of lower gross pay)
Did I leave anything out for those of you who are working at the VA? And is it true is no pension but full medical benefits lifetime after 20 years?
For those of you working elsewhere do your hospitals/community pharmacies offer better? worse?
Thanks in advance!!
(I dont want to go into which place is better to work at I think they are both wonderful)
Kaiser:
- $15,500 tax sheltered annuity (to be paid by employee)
- Equivalent of 5% of yearly salary placed into annuity every year after 2 years of service
-$1500 a year for continuing education
- Pension: total average monthly compensation x 1.5% x years of service paid to employee every month after retirement. Can not be accessed until age 65.
- Obviously inexpensive life/disability/dental medical insurance as long as you are employed with Kaiser
This what I think the VA offers based on my residency there and job listing Ive looked at, please correct me if Im wrong or missing anything.
VA:
- $15,500 401K (to be paid by employee) employer will match up to 5% of salary each year
- $5,000 a year tuition reimbursement up to $40,000 total
- Obviously inexpensive life/disability/dental medical insurance as long as you are employed with the VA
- No pension -->(anecdotal), is this true!!!? I would think a govt job would offer a pension.
- Life time medical coverage after 20 years -->(anecdotal), is this true??!!! (sounds to good to be true, I know public health service does this but this is after years of lower gross pay)
Did I leave anything out for those of you who are working at the VA? And is it true is no pension but full medical benefits lifetime after 20 years?
For those of you working elsewhere do your hospitals/community pharmacies offer better? worse?
Thanks in advance!!