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...obviously
It's a benefit in their 401k package... if I'm not mistaken. After "x" amount of years (don't remember the exact time) they have a 4K deposit. One time deal.
O cool! I just finished my second year so it must be 2 years!
Let's screw over the people who've stuck it out with the firm by getting rid of their pension and giving 4k to the millennials! You're welcome. 😉
They did not get rid of the pension. This contribution is to help retention for newer employees
Aww man, another slight to CBS! I didn't get a $4k deposit, but I am included in the craptastic pension plan 😞.
Ya, after 2 years and I think it vests after 5 if I remember correctly
So does that mean if I leave before 5 years then I lose this 4K in my 401k?
Maybe the policy changed I was vested after 4
Is it really 4 or 5? I think our 401k starts when we are staff 2s or the second year. So the 4K was given out after our first year with the 401k?
What about the gains on the 4K?
Do u lose that when u leave. Do you keep a certain percentage?
They got rid of the pension at EY? I thought we were all still eligible for pensions!
They significantly changed the pension and it's crap.