Security amount is paid at a rate of $15 per thousand. This amount is paid for four years, at that point the employer is deemed to have reached parity.
Example: $500,000 security amount $500 x $15 = $7,500
$7,500 x 4 years = $30,000
Security amount is paid at a rate of $15 per thousand. This amount is paid for four years, at that point the employer is deemed to have reached parity.
Example: $500,000 security amount $500 x $15 = $7,500
$7,500 x 4 years = $30,000