Common use of 457 Deferred Compensation Program Clause in Contracts

457 Deferred Compensation Program. The City administers a 457 deferred compensation program for all unit employees, which enables the employee to set aside salaried funds up to the maximum dollar figure allowed under federal law.

Appears in 10 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

457 Deferred Compensation Program. The City administers a 457 deferred compensation program for all unit employeesManagers, which enables the employee to set aside salaried funds up to the maximum dollar figure allowed under federal law.

Appears in 1 contract

Sources: Memorandum of Understanding