Does UPMC have a pension plan?

Total Compensation

UPMC offers a comprehensive package that includes time off, medical, dental, short- and long-term disability, life insurance, company-paid pension, a matched savings plan, and voluntary benefits.

>> Click to read more <<

Accordingly, does UPMC have 401K?

Solid 401k offered at UPMC. Nice employer match. Good match, good investment options. Retirement plan including 401K is good.

Furthermore, what is a UPMC savings plan? The UPMC Savings Plans: Information about your investment options, fees, and other expenses. The UPMC 401(a) Retirement Savings Plan and the UPMC 403(b) Retirement Savings Plan (referred to collectively as the “Savings Plan” or “Plan”) is a great way to save for your retirement.

Thereof, what is the difference between a pension plan and a retirement plan?

A pension plan is funded by the employer, while a 401(k) is funded by the employee. … Pension plans guarantee a monthly check in retirement a 401(k) does not offer guarantees.

Leave a Reply