BM 3100 MT3

6 important questions on BM 3100 MT3

Employee Stock ownership plans (ESOP)

org distributes stocks to all employees by placing it in a trust, reports sent out to employees regularly and given option to sell publicly when leaving the company

Securities and Exchange Commission

required companies to more clearly report executive compensation and company performance relative to competitors.
this is so high up executives do not over pay themselves when their company is on the down etc.

Employee Retirement Income Security Act (ERISA)

law increased responsibility of pension plan trustees to protect retirees, est. certain rights related to earning the right to receive the pension and moving retirement savings when changing employers. created the PBGC
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Money purchase plan

10% of yrly salary put into it when retired u get it it all

Domestic partnership benefits

your partner is insured under your company as well including it into your salary

Request for Proposal RFP

doc that org posts to elicit bids from potential vendors for a desired IT soln
describes tasks to be performed by winning bidder and timeline for providing deliverables.

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