We may be a newer company, but we have vintage roots—and still believe in supporting the teammates who’ve been so good to us.
Truist is among a small number of employers that still offer and fund a pension plan. The Truist Financial Corporation Pension Plan rewards you for your time with Truist and helps you accumulate income that will supplement your retirement.
The Pension Plan is a "defined" benefit plan, which means it is wrapped around a formula. This formula is based on your years of credited service and average compensation. Funded by Truist on an annual basis, it includes the following features:
- 100% of the contributions to the pension plan are made by Truist
- You are 100% vested after five years of vesting service
- You can access your benefit as early as age 55, with 10 years of vesting service