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Originally Posted by ptlyon
Depends on the job. Most do not anymore.
When I started working for my current employer, yes we did. Also what they called a medical bucket. Profit sharing in stocks too. I've been here 26 years.
Soon after, we were bought out. That's when they abolished all of it away. Anybody after would have to rely on 401k or other personal investments.
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Crazy. Here there's a requirement for employers to offer a workplace pension scheme and they have to contribute at least 3 percent of your salary if the employee contributes. If you're a professional you can expect anywhere from a 5% to 12% employer contribution. Also the government guarantees 90% of your total pension amount if you're in receipt of a defined benefit pension and the pension scheme goes tits up. Although there aren't many defined benefit pension schemes offered anymore. British communism has its benefits.