Lesson of the day: don't defer your salary until your employer is broke.

On Sat, Feb 26, 2011 at 1:46 AM, Eric Roberts <
[email protected]> wrote:

>
> Right...5% of your earnings go into the pension fund instead of being paid
> directly to you.  That is different than how a 401k works, for instance,
> were you may have 5% of you wages going in plus your employer also matches
> it with 5%.  So this is in lieu of getting paid 5% more.  It's essentially
> a
> forced savings plan.
>
>


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