To help you prepare for your financial future, Liberty offers you two ways to build retirement income. Our pension plan provides a financial benefit in retirement that is non-contributory and company-paid. In addition to our pension plan, you can participate in our 401(k) savings plan. The plan offers a guaranteed company match of 3% on your 6% of pay contributions, and the opportunity for an additional match, based on company performance, with a maximum match opportunity of 6% on your 6% of pay contributions.
About Our Data
Employer VerifiedUpdated Jun 28, 20261169 employees reported this benefit
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Benefits reviews
201-210 of 213 Reviews
4.0
Jan 3, 2015
Anonymous employee
Former
Boston, Massachusetts
similar to other companies, industry standard
1
5.0
Dec 3, 2014
Anonymous employee
Former
Boston, Massachusetts
their 401k plan is typical of those throughout the marketplace.
1
5.0
Nov 23, 2014
Anonymous Insurance Agent
Current
New Castle, Pennsylvania
Very flexible and has a generous company match up to 6%.
4.0
Nov 22, 2014
Anonymous Product Analyst
Current
Seattle, Washington State
50% matching up to 6% of pay
3.0
Nov 13, 2014
Anonymous Senior Claims Representative
Former
Phoenix, Arizona
When I left the company, I got one letter from the funds manager. I was told that everything could be accessed online and the company would send out a year end statement of the account activity and balance. After three years, still have not received any statement.
5.0
Oct 24, 2014
Anonymous Director
Former
Boston, Massachusetts
Generous match, good range of investments to choose from, and fast vesting. Unusual in that it is in addition to old school DB pension.
3.0
Oct 22, 2014
Anonymous Inside Auto Damage Appraiser
Former
Dallas, Texas
fair and competitive for the market
5.0
Oct 22, 2014
Anonymous Commercial Lines Underwriter
Current
Cincinnati, Ohio
Liberty Mutual matches 6% of your contribution, there is also a third party financial investment group that can help grown that as well.
4.0
Oct 13, 2014
Anonymous employee
Current
Boston, Massachusetts
current match is 3% with additional 3% based on company performance. though LM has pension plan
3.0
Oct 9, 2014
Anonymous employee
Current
Portsmouth, New Hampshire
Standard plan of about 3% matched, with some variation based on company performance.