Common use of 457 Plan Clause in Contracts

457 Plan. The City provides ▇▇▇▇▇▇▇▇ the opportunity to contribute to an IRS Section 457 deferred compensation plan. ▇▇▇▇▇▇▇▇ may contribute up to the maximum allowed by law. Contributions may come from ▇▇▇▇▇▇▇▇’▇ regular earnings through payroll deductions, or from any unused portion of his Benefits Allowance. The City will match ▇▇▇▇▇▇▇▇’▇ contributions to a deferred compensation account up to a maximum of $200 per month.

457 Plan. The City provides ▇▇▇▇▇▇▇▇ Employee the opportunity to contribute to an IRS Section 457 deferred compensation plan. ▇▇▇▇▇▇▇▇ Employee may contribute up to the maximum allowed by law. Contributions may come from ▇▇▇▇▇▇▇▇’▇ Employee’s regular earnings (through payroll deductions, ) or from any unused portion of his Benefits Allowance. The City will match ▇▇▇▇▇▇▇▇’▇ Employee’s contributions to a deferred compensation account up to a maximum of $200 250.00 per month.