Continental B plan
Can someone out there explain to me what type of B plan Continental utilizes? Is it fully company funded, or is it a match style investment plan like a 401k? And since the A plan has been frozen have they implemented a profit sharing plan, or a stock purchase plan, or anything else to take the place of a retirement fund?
Thanks |
A-Plan is frozen
Variable contribution to 401k plan based on company pre-tax income New B-plan %s: July 2005 through June 2006: 6.75% July 2006 through June 2007: 10.00% after June 2007: 12.75% |
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