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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (58462)	5/4/1999 10:54:00 AM
From: RealMuLan	Read Replies (1) of 132070

<<So, at one time, you earned $50,000 and the co. contributed (or didn't in many sad cases) another 10-20% of your salary to a pension plan every year.>> Mike: as far as I know, few companies contribute 10%+ to pension plan. Most of the companies now only contribute/match 3% or so. State/Fed. gov., due to relatively low pay, usually contribute higher, like 7-14%. Best.

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