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Old 25.04.2008, 12:58
bill_door bill_door is offline
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Re: tax / social security / pension obligations

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The company pension scheme is defined by the company but must at least exceed the minimum. This is to be found in many sources and it increases according to age. Your contribution also is variable but you can reckon with between 5 and 8% assuming you are over 25. Under 25 it is not really a pension but an insurance...
Hi Richard,

I've been through so many of your posts this morning that have helped so much, I think you deserve a medal for being able to provide concise clear info. Thanks.

One thing I am trying to sort relates to the above. Do you have any links (federal directive, law, etc) on what the min / max contribs can be an d what are the obligations for an employer in relation to a company pension scheme. And if possible can you elaborate on the differences for permanent employees and contractors.


TIA, Bill
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