ST Alpha - "A) They get to keep the money all year and make money off of it, rather than handing it out -- (edited)" (Reading a Post)

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In response to "hmmm, why would they defer until the end of the year? -- nm" by prayformojo

A) They get to keep the money all year and make money off of it, rather than handing it out -- (edited)

Posted by ty97 Oct 20 '17, 08:35

B) if anyone leaves the company before year-end, they get diddly match for that year.

Responses:

Your IM is basically why we acrue vacation days and don't get them in our "account" as a lump sum at the start of the year. In IL if you leave, you - oblique, SuperFeud Champion and Tenth Astronaut Oct 20, 08:40
you IM depends. The plan must specifically state the end-of-year requirement -- nm - decline Oct 20, 08:36 5
- 99.999999% sure it does -- nm - ty97 Oct 20, 08:37 4
  - Do you know the least time I read my plan docs? - ty97 Oct 20, 08:37 3
    - just grab your Summary Plan Description (it's probably on your plan's website or your company's intranet) -- nm - decline Oct 20, 08:38 2
      - As I mentioned, my father used to work for the company, and he'd read this stuff voraciously. - ty97 Oct 20, 08:44
      - werd. -- nm - tRuMaN Oct 20, 08:38
oooh, your im is sneaky. I would of assumed they would of had to pay that out -- nm - Beaker Oct 20, 08:35 2
- Might depend on the plan. I think my old plan still gave you your match even if you’d left. -- (edited) - znufrii Oct 20, 08:37
- I'm *pretty* sure they don't, not 100% - ty97 Oct 20, 08:36

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