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RTD Guy's let's hear how life is
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<blockquote data-quote="vantexan" data-source="post: 3650327" data-attributes="member: 24302"><p>It's a cash balance plan the company replaced our traditional pension with. All company contributions. They pay 4% annually, or to be exact 1% each quarter on current balance. The company contributes a percentage of your pay annually that goes up over time to finally 8% of your gross when you've been with them long enough. Then the 4% interest on top of that. It amounts to something after about 60 years. <img src="/community/styles/default/xenforo/smilies/smile.png" class="smilie" loading="lazy" alt=":)" title="Smile :)" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="vantexan, post: 3650327, member: 24302"] It's a cash balance plan the company replaced our traditional pension with. All company contributions. They pay 4% annually, or to be exact 1% each quarter on current balance. The company contributes a percentage of your pay annually that goes up over time to finally 8% of your gross when you've been with them long enough. Then the 4% interest on top of that. It amounts to something after about 60 years. :) [/QUOTE]
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