10 ms·
It is about a small number of employees in Ireland. Maybe "Ireland" should be added to the title? In the U.S. (I'm not familar with Ireland), vested benefits,
by PopAlongKid 4y ago
It is about a small number of employees in Ireland. Maybe "Ireland" should be added to the title?
In the U.S. (I'm not familar with Ireland), vested benefits, whether defined or contributed, cannot be "clawed back". But unvested ones can, that's what "unvested" means.
- sharkweek 4y agoHelpful information because as someone in the US I assumed the idea of a pension (outside of government jobs) had all but disappeared.
- etothepii 4y agoThese won't be "defined benefit" schemes but defined contribution schemes much more akin to your 401(k)
- lotsofpulp 4y agoIn the UK (and I assume Ireland), the term pension is used for more than just defined benefit pensions.
- astaunton 4y agoCorrect, most pensions in Ireland (these days) are defined contribution. Even within the civil service / government roles it is becoming extremely rare to see defined benefit schemes.
- drbeast 4y ago[dead]
- loeg 4y agoThis sounds exactly like the equivalent of unvested matching.
- michpoch 4y agoI think it should not be added. There are so many US-only news and we’re not adding the “in USA”. Please do not assume default = USA.
- noyoudumbdolt 4y ago[flagged]
- heywhatupboys 4y ago[flagged]
- michpoch 4y ago[flagged]
- noyoudumbdolt 4y ago[flagged]
- dang 4y agoWe've banned this account for breaking the site guidelines*. Please don't create accounts to break HN's rules with. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html * (and also because of the trollish username - those aren't allowed here - see https://hn.algolia.com/?sort=byDate&dateRange=all&type=comment&storyText=false&prefix=true&page=0&query=by:dang%20trollish%20username https://hn.algolia.com/?sort=byDate&dateRange=all&type=comme...)
- dang 4y agoPlease don't perpetuate nationalistic flamewar on HN. It just makes everything worse. If you'd please review https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html and stick to the rules when posting here, we'd appreciate it. Note this one: "Don't feed egregious comments by replying; flag them instead."
- sirpunch 4y agoUSA has it too. Amazon Software Engineers can't keep their 401K company match if they leave the company before completing 3 years of service.
- vdddv 4y agoThanks for the suggestion. I did not add it because of HN guidelines: "please use the original title" https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html