Ageneral guideline for the amount that is withheld for contribution to an employee's pension fund is 6.0% 6.5% 8.0% 9.5%

A pension plan is a retirement plan that requires an employer to make contributions into a pool of funds set aside for a workers future benefit. The pool of funds is invested on the employee's behalf, and the earnings on the investments generate income to the worker.

A general guideline for the amount that is withheld for contribution to an employee's pension fund is 6.5%.

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