Fifteen years ago, I purchased a 1969 Flying Scot sailboat. It’s a 19-foot daysailer. I was the fourth or fifth owner. While I didn’t know much about its original design specifications, it sailed fairly well. However, from time to time, I noticed certain strains and constraints in its performance and realized that rigging or hardware was literally installed backwards or upside down. For example, just last week, while refinishing the woodwork, I realized that the jib slide was installed in reverse — who knows how long ago. As you might guess, as I’ve slowly rebuilt the boat back to the original intent, her performance has greatly improved.

This story reminds me of how I feel now about employee contribution rates.

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