The designation is for the "30 Best Workplaces to Retire From" list
SAN ANTONIO, TEXAS -- NuStar Energy L.P. announced that it ranks No. 11 on the "30 Best Workplaces to Retire From" list just published by Fortune magazine and global research and consulting firm Great Place to Work.
NuStar is the highest-ranked publicly traded company and it is the only energy company as well as the only company headquartered in San Antonio represented on the list.
The ranking took into account anonymous survey results from NuStar employees aged 52 and older relating to pay and fair treatment regardless of employees' age. It also considered measures of internal promotion rates and resources available to employees preparing to retire. NuStar was touted for its retirement savings plan that includes a 401(k) match of 100 percent up to 6 percent of pay; a company-funded pension plan; subsidies for health care during retirement; and retirement planning resources that are offered through Schwab.
Fortune and Great Place to Work officials touted the value of companies providing outstanding benefits and programs for employees at or near retirement age, and the value that those employees provide the companies.
The Best Workplaces to Retire From is one of a series of rankings by Great Place to Work(r) and Fortune based upon employee survey feedback from Great Place to Work(r)-certified organizations.
Earlier in the year NuStar was also ranked No. 19 on the "100 Best Companies to Work For" list and No. 9 on the "50 Best Workplaces for Giving Back" list by Great Place to Work(r) and Fortune. To see the complete "2016 Fortune 30 Best Workplaces to Retire From" list, visit fortune.com/best-workplaces-for-retirement/.
NuStar Energy L.P., is one of the largest independent liquids terminal and pipeline operators in the nation. NuStar currently has approximately 8,700 miles of pipeline and 79 terminal and storage facilities that store and distribute crude oil, refined products and specialty liquids. NuStar has a facility in Paulsboro. For more information, visit NuStar Energy L.P.'s Web site at www.nustarenergy.com.