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Hi All,
Persistent Systems is giving 10% variable on gross annual CTC. HR says you would receive minimum 70% of variable pay every month and remaining 30% will credited once a year at the end.
Does anyone has idea on this? Can I believe this and include 70% variable in my take home
Persistent Systems Limited
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I assume you’re talking about the SFMRA. If so, it’s paid for by the firm. You can use it to pay for medical expenses similar to a HSA. If and when you are no longer a citizen of San Francisco, the MRA is closed and the money is surrendered back to the firm.
Context: I live in SF and have had this since the program started. Helped me save tons on my HSA!
Did you get an email from the city option/mra folks? They usually send an email with instructions when you qualify. Fwiw it took a couple months for me to recieve one