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News Story
Updated: 10/31/2013 08:00:02AM

Hospital cuts retirement contributions

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By Steve Bauer

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The DeSoto Memorial Hospital board of directors voted 4-2 to change the hospital’s contributions to its employee retirement plans.

Currently, the hospital provides a four percent contribution to its employees’ retirement plans, regardless of whether they contribute or not. Under the new policy, which is effective Jan. 1, the hospital will match employee contributions up to three percent.

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