How secure are Chrysler retirement benefits?


Quick Answer

Individuals who wish to monitor the status of Chrysler retirement plans can visit the Chrysler benefits page at the Fiat Chrysler Automobiles website. The National Chrysler Retirement Organization also provides timely information regarding the security of Chrysler benefit plans.

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Full Answer

FCA is committed to providing financial security to its retired employees and offers several financial plans. Employees can enroll in the company's employee-managed retirement plan or the salaried employee 401K plan. The employee-managed plan automatically deducts five percent, or more, from the base-pay amount toward the plan. The company's 401K plan provides flexibility for monetary contributions deducted from base pay, which can be up to 50 percent of pretax earnings.

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