3 ms·
If 401k contributions are included in earnings, why shouldn't pensions be?
by alwaysdoit 6y ago
If 401k contributions are included in earnings, why shouldn't pensions be?
- scarmig 6y agoI don't think people typically include 401k matches in what they say they earn. That said, state pension contributions are a significantly greater part of state employees' compensation than 401k matches are for private employers, so it does merit something. Perhaps a phrasing like "Top Paid LA Lifeguard earns $270k plus a $60k pension benefit" or whatever would be most descriptive.
- i_call_solo 6y agoAdding the cost of an employee's health care plan to their earnings is an easy way to mislead people since most people have no idea how much their health care plans even cost.