: This includes 5% of the Total compensation which works out to be $2500. Retirement plan contribution is deducted from the Total compensation (salary) of the employee every month and upon retirement the company would offer 50% of the total contribution of the employee on Lump sum basis and every month 2.5 % of the contribution would be deposited to the Social Security Office as the employees Social Security Contribution so that upon retirement the employee can receive a Lump sum amount from the company to establish their livelihood and after which they can avail pension from the SSO to help their sustenance in their retirement life or during times of unemployment, accidents, maternity, child care allowance, medical benefits, sickness & Invalidity benefits, Death benefits,…. Etc which is covered by the SSO offers. However for those employees serving for 180 months or more the employee upon retirement would receive 100 % of their contribution from the company along with the benefits offered by the SSO. ( here I have used a trick because usually the company has to contribute half of the contribution for the SSO i.e.: pension benefits but in this case I have given 2.5 % to the SSO and the other 2.5 % is retained with the company which would be 50 % of the employees contribution which would be returned when the employee leaves the company but I would like to offer a clause that is also incorporated above to retain the employee a long time i.e.: to serve the company for more than 180 months