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Post by raman on Jun 23, 2013 20:17:26 GMT
Hi All,
Could anyone please explain how the Deferred Benefits Supplement works?
Thanks a lot!
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Post by azraeil on Jun 24, 2013 5:36:49 GMT
The deferred benefits supplement is paid out when you leave the company after spending a certain amount of time with the company. The minimum amount of time is 3 years where you wil get 25% of your annual salary. This will increase to 100% of your annual salary once you reached 12 years of service with the company. This payment is separate from the severance package so you get this on top of your severance package.
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