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In response to
"Illinois Introduces Automatic Retirement Savings Program, a First for the Nation -- (link)"
by
ty97
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this is one thing Australia does remarkably well. I have compulsory 9.5% contribution to a retirement savings program. though it's generally phrased
Posted by
mafic
Jan 5 '15, 17:40
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as "here's your base salary, and you get an additional 9.5% [retirement plan]." I think it's technically an employer contribution, so theoretically not detracting from your salary.
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