KPMG Benefits Package KPMG offers a range of medical insurance options to meet your needs as well as prescription drug coverage, health care flexible spending accounts, and dependent day care flexible spending accounts.

The KPMG Pension Plan – a foundation for the future — The KPMG Pension Plan is a cash balance plan funded entirely by KPMG. — Your participation in this plan is automatic and benefits are provided at no cost to you.

Established in 1999, the plan provides pension benefits to the full-time partners, principals, and employees of KPMG providing audit, tax, and advisory services. The assets and investments of the plan are managed by the executive management team.

Pension plans are funded by contributions from employers and occasionally from employees. Public employee pension plans tend to be more generous than ones from private employers. Private pension plans are subject to federal regulation and eligible for coverage by the Pension Benefit Guaranty Corporation.

Asset backed funding gives an alternative to increased cash contributions and allows cashflows to be spread over a longer period. The ability to use asset backed funding to finance other goals such as merging pension schemes, facilitating insurance or investment de-risking.

Generally, both the employer and the employee make regular contributions to the pension plan trust fund. The employee begins receiving regular payments after retirement, with the amounts based on length of service, age, and salary history.

The average salary for a Partner is £102,295 per year in United Kingdom, which is 64% lower than the average KPMG salary of £284,501 per year for this job.

Does KPMG pay bonuses? KPMG, LLP pays an average of $4,017 in annual employee bonuses. Bonus pay at KPMG, LLP ranges from $1,000 to $25,000 annually among employees who report receiving a bonus. Employees with the title Managing Director, Consulting earn the highest bonuses with an average annual bonus of $25,000.

The KPMG Pension Plan – a foundation for the future — The KPMG Pension Plan is a cash balance plan funded entirely by KPMG. — Your participation in this plan is automatic and benefits are provided at no cost to you.

— The KPMG Pension Plan is a cash balance plan funded entirely by KPMG. — Your participation in this plan is automatic and benefits are provided at no cost to you. — You become a plan participant after one year of service from your date of hire provided you are credited with at least 1,000 hours during the plan year and are at least age 21.

Among the benefits you’ll receive with the KPMG Pension Plan are: — A one-time $7,000 pension credit* to your plan account. At the time you become a plan participant, your plan account is credited with a one-time $7,000 credit. — Annual service credit. In addition to the one-time credit,

© 2014 KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG europe LLP and a member irm of the KPMG network of independent member irms afiliated with KPMG international Cooperative, a swiss entity. All rights reserved. 15 Section Wh