Originally Posted by
FangsF15
401(k) contributions, or LTD protections? I can see how the latter is (maybe) at risk, but not the former. At least, not what we have currently negotiated, anyway.
True, but this would have a negative impact on contract negotiations.
Everything in a contract is accounted for and this wouldn’t count as a freebie. No company would just say “Well, it’s a regulatory change, so we just have to absorb the additional cost and negotiate like it didn’t happen.”
The company would run the new numbers and if they didn’t attempt to reduce 401k contributions or LTD, it would be accounted for elsewhere. Less gains or some concessions somewhere else.