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[quote=Anonymous]OP here. To some who asked about their savings and WB pensions, I actually heared about some staff reaching out to contacts in WB Treasury for reassurance that their pension benefits are protected, so people are worried. I do think that there is a lot that can be improved at the WB, but since the transition to the new retirement plan and salary structure I believe in 1998, benefits at the Bank, especially for US citizens who have to pay income tax are comparable to US gov, in fact they are lower. I think where the massive waste in terms of staff cost is with people who have been around for more than 20 years...of course I am not suggesting we pull the rug off under their feet what I am saying is that the Bank has trimmed down already what it offers in terms of benefits and salaries. As a US citizen I get an allowance to pay US income tax - but what I get is not enough to pay for the taxes I owe, so what I end up taking home is less than my collegues with same exact position and level who are not US citizen. Since many of them do live here permanently, perhaps it would make sense to introduce US tax for them - I could see this being change coming our way. Not saying it is fair or not or good or bad, I dont have enough info to make that determination, but just saying how it might look from the outside. [/quote]
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