Retirements & Savings
PSEG offers a variety of retirement and savings programs to its employees.
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The commuter reimbursement account allows you to set aside pre-tax dollars to pay for eligible commuting expenses to and from work. The commuter reimbursement account allows for commuting expenses such as parking, mass transit, and van pools.
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Save money and get tax-free earnings for medical expenses and health care premiums during retirement.
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Take stock in PSEG through the discount Employee Stock Purchase Plan after one year of service. It provides the way for you to purchase shares of enterprise common stock at a 5-10% discount from the market value.
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Fully funded by PSEG and you’re vested from your first day of hire.
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Credit Union advantages include dividend rates; personal, educational, auto and home equity loans; and the Credit Union Discount Real Estate System (sellers pay only 4% commission; buyers receive a credit at closing). Credit unions are located at several PSEG locations, and all associates are eligible to join.