IndyColtsFan
Lifer
My retirement contributions come in two chunks:
1. Employer match -- I am fully vested in that; I contribute 5% of my income and the employer gives me an amount equal to 4% of my income.
2. Employer contribution -- In addition, they add an amount equivalent to 10% of your salary to your retirement fund. That is the part that you have to put in 6 years to be fully vested.
Obviously the best scenario would be to stick it out, because you won't find that 10% salary contribution anywhere and therefore, you have to count it as salary. That, coupled with the fact that my employer pays 100% of my health insurance premiums, means that any other job I would get would probably have to pay me 15% to 20% more to make up the difference and that doesn't even account for the lost vacation time.
I really like where I work; I just don't particularly like my current job. I knew it was a possibility this would happen when I switched, but I felt I had to take the chance. If at all humanly possible, I'd like to stay here and just get a different position.
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