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Pension calculator updated?
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<blockquote data-quote="Trucker Clock" data-source="post: 5699586" data-attributes="member: 70932"><p>Fair enough.</p><p></p><p>The total pension contributions are a pie, not just contribution increases. The pension contributions should be split equally among pension funds.</p><p></p><p>That means we need to reduce your $14/hr contribution rate in order to increase the New England $11.15/hr contribution rate. And we need to reduce yours even more so that every pension fund has the same contribution rate.</p><p></p><p>It should probably average out to about a $12 pension contribution to every fund, to make it fair. So, we need to reduce your contribution rate by $2/hr.</p><p></p><p>I mean, it's fair, isn't it? Then all contributions will be equal among all pension funds. Nobody will get any more, or any less, than anyone else. That's what you want, right?</p></blockquote><p></p>
[QUOTE="Trucker Clock, post: 5699586, member: 70932"] Fair enough. The total pension contributions are a pie, not just contribution increases. The pension contributions should be split equally among pension funds. That means we need to reduce your $14/hr contribution rate in order to increase the New England $11.15/hr contribution rate. And we need to reduce yours even more so that every pension fund has the same contribution rate. It should probably average out to about a $12 pension contribution to every fund, to make it fair. So, we need to reduce your contribution rate by $2/hr. I mean, it's fair, isn't it? Then all contributions will be equal among all pension funds. Nobody will get any more, or any less, than anyone else. That's what you want, right? [/QUOTE]
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