|
Company Contributions
The Mercer HR Services Retirement Plan is a retirement plan with contributions based on years of service and eligible compensation. The current contribution rates are as follows:
|
|
|
|
|
3% of eligible compensation for the calendar quarter
|
|
|
4% of eligible compensation for the calendar quarter
|
|
|
5% of eligible compensation for the calendar quarter
|
The Company expects to continue making contributions at this level; however, it reserves the right to change the contribution rates based on business performance.
Service will be determined as of the last day of each calendar quarter. If you have enough service at that date to qualify for the next higher contribution rate, you will receive the higher contribution rate for that quarter.
|
