Lockheed Martin pension benefits for rehires.

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Comments (2)

Chuck Wagner in San Francisco, California

70 months ago

Any Lockheed Martin re-hires have information on how the company is handling the pension program?

I know they have reduced the pension plan but my concern is how the company handles former employees who are vested from past employment and now wish to be rehired.

The old pension plan continues? You rehire with out any affect on the plan? The plan is affected by your new salary?

thanks

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spy27 in Fremont, California

68 months ago

In my experience, if you are a rehire you need to get your manager to bridge the gap in your employment. If they do that you are considered to have never left and your pension continues. If that doesn't occur then you are hired like any other new hire and do not receive pension benefits.

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