Build the future you want
EMC’s retirement program is built to give you more than one way to prepare for what’s next. With both a 401(k) and a company-funded pension plan, you have tools that can help you save now, build long-term security, and plan for retirement with confidence.
Why EMC’s retirement program stands out
Many employers offer a 401(k). Far fewer offer both a 401(k) match and a company-funded pension.
At EMC, that combination gives you:
- Immediate value through the 401(k) match
- Added long-term security through the pension plan
- A more balanced approach to retirement readiness
It’s a retirement program designed to help support lasting financial stability.
401(k) plan
The EMC 401(k) Plan helps you build retirement savings through your own contributions, with company support along the way.
- EMC matches 100% of your contributions up to 4%
- Company match is immediately vested
- Pretax and Roth contributions are available
- Catch-up contributions are allowed
- Access to 20 investment funds
- Model portfolios available for easier investing
Whether you’re just getting started or increasing your savings over time, the 401(k) gives you flexibility and control over how you prepare for retirement.
Download the Empower app to manage your 401(k) today
EMC Pension Plan
Our pension plan is a valuable benefit that sets EMC apart. It is a qualified cash-balance defined benefit plan funded entirely by the company and designed to help provide lasting financial security in retirement.
Unlike a plan that depends only on what you contribute, the pension plan is a company-funded benefit that grows over time for eligible team members through salary credits and interest credits.
- Funded entirely by EMC
- Built to provide an additional source of retirement income
- Grows over time through company-funded credits
- Can become a meaningful part of your overall retirement income
When your employment ends, you may be able to receive your vested benefit as monthly payments, a lump sum, or a rollover to the 401(k) or another qualified plan.
- Eligible after one year of qualifying service and age 21
- 100% vested after three years of service, or at age 55 with at least one year of service
How the pension plan works
Salary credits are contributions that EMC makes to your pension account each year based on your age and years of service.
Your age/service as of January 1st
- 35: 5.25%
- 35–49: 6.75%
- 50–64: 8.50%
- 65–79: 11.00%
- 80 and over: 13.50%
That means each year, a percentage of your pay is added to your pension balance—completely funded by EMC.
In addition to salary credits, your pension balance also grows through interest credits.
Each year, interest is applied to your existing pension balance at a rate determined by the plan. This helps your balance grow over time, even in years when your pay or role may not change significantly.
Think of it as steady, built-in growth that compounds over your career, turning annual contributions into a meaningful retirement benefit.
A benefit worth paying attention to
Our pension plan is one of our most distinctive retirement benefits. It is designed to reward long-term service and help eligible team members build retirement income beyond their personal savings.
Projected examples show how meaningful that growth can be over time:
- Age 35 at hire, starting salary of $65,000: potential retirement balance of $545,165 at age 65
- Age 45 at hire, starting salary of $90,000: potential retirement balance of $348,199 at age 65
- Age 55 at hire, starting salary of $120,000: potential retirement balance of $162,306 at age 65
These examples are illustrative, but they highlight the long-term value a company-funded pension can provide.
