News for hackers. Stuff that matters.

A comment on Champions of the 401(k) Lament the Revolution They Started. Parent comment

Re:Champions of the 401(k) Lament the Revolution They Started by eaguyhn on Tuesday January 03, 2017 @11:18AM (#13310156)
Not quite "last-minute" - the highest one year of salary was the old pension formula. New hires are required to use the highest three years.
[ Parent | on HN ]
Re:Champions of the 401(k) Lament the Revolution They Started by koolba on Tuesday January 03, 2017 @12:11PM (#13310692)
> Not quite "last-minute" - the highest one year of salary was the old pension formula. New hires are required to use the highest three years.

Sounds like classic union cop out to screw over the young / new workers in favor of existing ones.

[ Parent | on HN ]