Dakota Logistics MEMO
To: All Staff From: Jasmine Alexander, Chief Operations Officer Subject: Pension scheme Date: November 28 As you know, the company executives reviewed our pension policy at Friday's board meeting, and agreed to make some changes to add more flexibility to the system. Currently, employees who have been with the company less than five years contribute 1.8 percent of their salary to the pension fund, while those who have been here five years or longer contribute 2.7 percent. From January 1 of next year, this policy will change. All staff will be able to choose which level of pension payment they want to use. As well as the two existing options, employees will also be able to contribute an amount of up to 3.5 percent of their salary if they wish. In December, you will all be asked to communicate your preferences on this issue. If you would like to discuss the options and receive some advice about what might be best for your current situation, please make an appointment with the head of the human resources department. |
