... wow, interesting or maybe it's sign of the times.
The majority of my co-workers knew the goodies well. They outright said some of the treatments they were getting was solely to use up the allowance.
... not with some of the employees that I worked with.
When HR held a company's "benefits" session along with the introduction of the DC plan - some "upper-level" employees were scratching their heads with the drug plan we had. And I'm scratching my head why are they asking these (basic) questions when they already have been with the company for at least 5 years if not more. Beats me so I guessed this is more to educate HR than anything else ... LMAO.
Which is to their detriment ... just like the dad's co-workers from seventy years ago who observed coming into work for extra shifts in their "retirement" to make ends meet. They were his incentive to make retirement saving a working life thing instead of a last minute thing.
... that's why I suggested to ian in another thread this simple advice "the minute anyone who starts in the workforce and is offered a pension plan he/she should consider their "retirement" (plan)".
It was also the attitude of my university house mate who preferred spending his excess co-op term dollars on an expensive stereo as why worry about what he had the rest of his life to save for?
Cheers
... which is not untrue. The youngster(s) have decades off from retirement. Besides, you don't want to tell someone who's just starting their career - hey you better start "saving" for retirement. Life has just started for him/her.
As mentioned to ian, there're other life competing priorities, depending at what stage you're.
Right after school, there're student loans to pay off. Then employment (which isn't instant). Then there's dating and paying rent. Then the engagement ring/wedding costs next ... housing, mortgage, kids, etc... you get the drift.
And then there're the fundamental of your "upbringing" - what were instilled on you by your parents/when you were growing up. If you see your parents struggling financially and you had the least amount of toys (or none)- better move your own *** and make that dough.