Thread: Vacancy 20-03V
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Old 10-27-2019 | 08:29 PM
  #125  
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Triumph
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Default Vacancy 20-03V

Originally Posted by gollum
B-fund contributions are based on a percentage of income, so how does someone on mil leave get company contributions if they don’t have an income with the company to base a % on? Doesn't 16% of 0 = 0?


Not correct. For those that are gone on long term military leave, they take a look back at your last 12 months of work, and whatever your monthly average is for those months, you’ll get 16% of that put into your B-fund.

However, you do not receive profit sharing for the years your are out on ML.

Last edited by Triumph; 10-27-2019 at 08:41 PM.