2006-08-30 08:13:01 · 4 answers · asked by boosh54 2 in Business & Finance ➔ Investing
One of my co-workers is under the assumption that employers are required by law to offer this and I'm attempting to prove him wrong. Thanks.
2006-08-30 11:11:34 · update #1
If they were they might be called Mandatory Retirement Annuities.
2006-08-30 08:17:59 · answer #1 · answered by kcincon 3 · 0⤊ 0⤋
Many employer guidelines are state-mandated, so it depends on where you live. However, most states do not require employers to even provide sick pay, holiday pay, or vacations, so I can't imagine that a state would require a retirement plan. Although California does require that supervisors in businesses with 50+ employees undergo sexual harrasment training...
2006-08-31 03:21:45 · answer #2 · answered by Anonymous · 0⤊ 0⤋
That's aperk some offer, but they are not required to offer it.
Think about it - requiring an employer to provide a retirement plan! That's what SS is suppose to do -don't laugh.
2006-08-30 10:47:42 · answer #3 · answered by Mike K 3 · 0⤊ 0⤋
nope. its only voluntary.
2006-08-30 08:16:31 · answer #4 · answered by Anonymous · 0⤊ 0⤋