 | Pension Plan | |
- Enrollment open to employee the next January 1 or July 1 after one year and 1,000 hours
- Six percent of regular wages (40 hours) goes into a Defined Contribution Plan, with several investment options
- Vesting is 20% after 2 years of service, 40% after three, 60% after four, 80% after five, and 100% after six
- No employee contributions are required or allowed
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| Tax Sheltered Annuity [TSA or 403(b)] | |
- Wholly voluntary on employee's part
- Contributions are made 100% by employee and are 100% vested from date of first contribution
- Eligible to enter at any time
- Rawhide does not contribute any funds into this account
- Many mutual fund companies to choose from and investment options within each company
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