Proposed MIT Pension Plan Changes
Proposed MIT Pension Plan Changes
| Retirement Package | Current Package | Task Force Package |
| Defined Benefit | 1.65 percent × Accumulated Employee Earnings | 1.65 percent × Accumulated Employee Earnings in first 30 years |
| Defined Contribution | Match entire employee contribution up to 5 percent | Match entire employee contribution up to 3 percent, and half of the next 2 percent |