Hi BCG 🐟, BCG’s retirement is just the PSFR paid once a year, correct? Not done as a contribution monthly. Just wondering bc i am about to start and looking to see how to set up my 401k. Also, if for example you leave before the PSFR is paid, you lose that money correct?

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PSFR is paid once a year, but is prorated from Day 1. Regardless of how long you stay or if you have already left BCG when the PSFR is paid out you will still get the prorated amount as there is no vesting period. PSFR will be with Vanguard who you can also set up your 401K with - HR will help you get everything set up when you join.

Ok, yeah that is what I thought but the information in the benefits package was not clear on the “if you leave BCG” section.

Kind of sucks that it is given on an annual basis since you cannot accrue the gains of monthly contributions but still generous package.

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