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Through the Comprehensive Plan, your employer contributes to your retirement investment account on a pre-tax basis. The contributions are made on a monthly basis. The premium payment is due on or before the last business day of the month.
The contribution can vary from 10% to 20% of the employee’s compensation.
MMBB pays the Comprehensive Plan premium on behalf of disabled members.
Employees participating in the Comprehensive Plan are 100% vested immediately.
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