Meijer, Meijer Stores Limited Partnership and Meijer Great Lakes Limited Partnership (together called “Meijer”) maintain the Meijer OMP Pension Plan so that you and other team members may receive retirement benefits. The benefits provided under the Plan are in addition to benefits under a Meijer 401(k) Retirement Plan.
In respect to this, how many years do you need to work to be vested in the pension plan?
seven years
Besides, what benefits does Meijer offer? The financial benefits we offer help you stretch your dollar and care for your family.
- mPerks.
- Meijer Family Matters.
- 401(k)
- Team Member Discount.
- Flexible Spending Accounts.
- Short- and Long-Term Disability.
- Life and AD&D insurance.
- Scholarships.
Additionally, is a pension plan the same as a 401k?
A pension plan is funded by the employer, while a 401(k) is funded by the employee. … A 401(k) allows you control over your fund contributions, a pension plan does not. Pension plans guarantee a monthly check in retirement a 401(k) does not offer guarantees.