Retirement

All full-time and part-time employees working at least 1,000 hours per year who are 21 years of age or over are eligible for participation on the first of the month following 24 months of employment.

KVH contributes 7% of the employee's monthly gross pay, 10% of the employee's monthly gross pay for physicians. Employees are 25% vested after 2 years, and 100% vested after 5 years from their date of hire. Retirement plans do not apply to per diem employees.

Additionally, all employees are eligible to participate in our Deferred Compensation Program, allowing tax benefits to those who participate.