Tag: compensation
Going forward, the government will have to pay more – not less – to be competitive. A suggested revenue proposal that was initially included in Trump’s “one big beautiful bill” would increase the contribution that federal employees make to their defined benefit plan. Increasing the contribution rate might be a good idea if federal employees…
The brief’s key findings are: While auto-enrollment boosts 401(k) participation, the resulting cost pressure on matching contributions could prompt employers to reduce their match. Analysis using the National Compensation Survey finds that plans with auto-enrollment do have lower match rates than plans without auto-enrollment. This finding suggests that employers may, indeed, be lowering their matc…
