View Single Post
  #5  
Old 15.10.2020, 20:35
aSwissInTheUS's Avatar
aSwissInTheUS aSwissInTheUS is offline
Forum Legend
 
Join Date: Nov 2007
Location: Zurich area
Posts: 12,786
Groaned at 99 Times in 88 Posts
Thanked 19,577 Times in 8,681 Posts
aSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond reputeaSwissInTheUS has a reputation beyond repute
Re: Pension Law Changes - Unemployment at 58 and older

Quote:
View Post
So letís get this straight. The goverment are making it more expensive for companies to fire older people and therefore they will never hire a 50 year old. Thatís the consequences
For the company it is or should not be more expensive as the pension plan itself is normally outside of the companies budget and the contributions is solely defined by the pay roll of the actual active employees.

It just means that the money remains in the pension plan. The main benefit for the employee is that the get an entitlement for a pension instead of the lumpsum once they reach the pension age.


@fatmanfilms: Depends on the pension plan. Some allow withdrawal at age of 58 to 60.
Reply With Quote
The following 2 users would like to thank aSwissInTheUS for this useful post: