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Brown Cafe UPS Forum
UPS Union Issues
forced to put into 401k
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<blockquote data-quote="saintrick" data-source="post: 3356475" data-attributes="member: 29276"><p>Automatic Enrollment</p><p>Full-time employees hired, rehired or transferred to an eligible job position on or after April 1, 2009 will be automatically</p><p>enrolled 90 days after their date of hire at a 3% pre-tax deferral rate. Those contributions will be invested in the age-</p><p>appropriate Bright Horizon Fund, based on a retirement age of 60. You may actively enroll at any time prior to being</p><p>automatically enrolled. By actively enrolling, you can choose your own contribution rate and investment options. You</p><p>may decline enrollment at any time prior to being automatically enrolled.</p></blockquote><p></p>
[QUOTE="saintrick, post: 3356475, member: 29276"] Automatic Enrollment Full-time employees hired, rehired or transferred to an eligible job position on or after April 1, 2009 will be automatically enrolled 90 days after their date of hire at a 3% pre-tax deferral rate. Those contributions will be invested in the age- appropriate Bright Horizon Fund, based on a retirement age of 60. You may actively enroll at any time prior to being automatically enrolled. By actively enrolling, you can choose your own contribution rate and investment options. You may decline enrollment at any time prior to being automatically enrolled. [/QUOTE]
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