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True, but is isn't a good one, for that "privilege" employees are forced to pay 4.4% of their salary per year into the fund. If you work out the math depending
by pmorici 12y ago
True, but is isn't a good one, for that "privilege" employees are forced to pay 4.4% of their salary per year into the fund.
If you work out the math depending on what assumptions you make it's only worth about $5k-$10k per year in compensation so it doesn't really make up for the huge disparity in pay between private contractor and government employees.
You would be hard pressed to convince me that as it is presently structured that it presents some great value to the employee.