Participation, vesting and cost
Details about participating in the ExxonMobil Pension Plan
Q. How do I participate in this Plan?
A. Once you meet the eligibility requirements, you automatically begin participating. You do not need to enroll.
Most U.S. dollar payroll employees of Exxon Mobil Corporation and participating affiliates are eligible for this Plan and begin to earn benefits from their first day of employment. For details, see who is considered to be an eligible employee in the Key terms section.
Once you are vested, your benefit belongs to you. You are vested in the Plan after five years of vesting service or when you reach age 65, whichever comes first. If you leave before you are vested, you receive no plan benefits.
The company pays the full cost of this Plan.