10/24/2003: State of Nevada Considers Switching Part-Timers from Social Security to DC Plan (Nevada Appeal)Excerpt: "The state can save nearly $500,000 a year by moving part-time employees out of Social Security and into a private deferred compensation plan structured like a 401K. The proposal before the Board of Examiners next week would move all new hires who are ineligible for the Public Employees Retirement System into the alternative plan beginning next year.... [E]xisting part timers would have the option of staying with Social Security. Only new hires would have to join the alternative plan."
Google: Other sites linking to this item
Important word about authorship:
BenefitsLink ® (BenefitsLink.com) provides this page for you, with a hypertext link to an item we think is interesting and valuable for companies sponsoring employee benefit plans, employees who participate in plans, and firms who provide products and services to plans. But BenefitsLink is not the author of the item to which this hypertext link will take you (unless expressly indicated there).
|
|
|
