Thread: Merger question
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Old 10-13-2019 | 04:45 PM
  #189  
SmitteyB
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Originally Posted by PSU Flyer
Yes, you are wrong. Retirement Plus was 5% and Retirement Advantage was 3%. So, assuming you contributed 5%, the company did, in fact, contribute 13%. If you didn’t contribute any, the company contributed 8%. Obviously, there are multiple ways to look at those numbers and draw conclusions. If someone used to contribute 5% and still contributes 5%, the company contribution only went up 2%.
Thats where I was confused then - apologies to those I attempted to correct.
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