INTENT

The Just program calls for organizations to offer a defined benefit plan or defined contribution plan that will help employees save income for their retirement years.

INDICATOR METRICS

LEVEL ONE

  1. Organization has written and posted public policy on employee retirement provision.

LEVEL TWO

  1. Organization has written and posted public policy on employee retirement provision.
  2. Organization offers a defined contribution plan with auto-enrollment with default contribution level of 3% and immediate eligibility. Certified Employee Owned businesses or equivalent can apply at this Level.

LEVEL THREE

  1. Organization has written and posted public policy on employee retirement provision.
  2. Organization offers a defined contribution plan with auto-enrollment with default contribution level of 5% and immediate eligibility with employer match (minimum of 3% of salary). Certified Employee Majority Owned businesses or equivalent can apply at this Level.

LEVEL FOUR

  1. Organization has written and posted public policy on employee retirement provision.
  2. Organization offers a defined contribution plan with auto-enrollment with default contribution level of 5%, auto-escalation of 1% per year (capped at 10% per year), and immediate eligibility with employer match (minimum of 5% of salary). Organizations that offer a defined benefit pension plan can apply at this level. Certified Employee 100% Owned businesses or equivalent can apply at this Level.