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Employer offered additional 2.5% raise in lieu of 2.5% contribution to retirement account.
Employer offered additional 2.5% raise in lieu of 2.5% contribution to retirement account. I’m having trouble mathing this out for some reason so maybe someone smarter can help me. My job is in the middle of CBA negotiations right now. Currently they contribute 2.5% of our base salary to a 457b account. They are offering us a raise of 3% and the option of 5.5% if we give up that 2.5%. Obviously as my salary increases that 2.5% contrib...
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