FYI - Deloitte updating the 401(k) and Pension policies

401(k): from 1.5% to 3%, from 5 year 20% per year vesting to 100% after 3 years

Pension: from 2.5% to 3%, allows you take take cash payment when you leave

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At least you get paid!

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Seems like Deloitte is doing it right

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Yes, KPMG is doing flat 6 percent even if we don’t contribute. Some old timers are getting 8% just to make up for the missed pension.

Wait we can take pension when we leave now? Any special hoops to jump through to get it?

Is that % of base or % of total compensation?

I’m sorry - 20% match?! What?!

Sorry I think I get it now - rather than vest ratably over 5, cliff vest at 3?

So is that 6% all in of firm contributions (assuming max on the 401k)

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