Retirement-PHS
Presbyterian Healthcare Services (PHS) employees participate in a Defined Contribution Plan -- the Shared Security Plan. Under this plan:
- Employees receive a contribution for each year they work 1,000 hours for PHS
- Employees can also contribute to a 403(b) plan with a matching provision Investment options range from aggressive to conservative plans
- Shared Security is available to you immediately upon employment
- Generally, matching contributions are made after one year (1,000 hours) of service, if other eligibility criteria are met
- Individualized financial planning is available
Retirement-Presbyterian Health Plan
Presbyterian Health Plan, Inc. employees participate in a Defined Contribution Plan - the Shared Security 401(k) Plan. Under this plan:
-
Employees receive a contribution for each year they work 1,000 hours for PHP
- Employees can also contribute to the plan with a matching provision by Presbyterian Health Plan Investment options range from aggressive to conservative plans
- Shared Security is available immediately upon employment
- Generally, matching contributions are made after one year (1,000 hours) of service, if other eligibility criteria are met
- Individualized financial planning is available