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Contributions

Contributions

In addition to the pension plan that most of members participate in, a voluntary 401(k) program is also available. All 401(k) contributions are made by the member. Because participating employers make contributions to our pension plan, there are no matching employer contributions in the 401(k) plan.

Contributions

Members can contribute up to 25% of their pre-tax wages (to a maximum of $22,500 for 2023) into an individual 401(k) account.

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