Common use of 457 Plan Clause in Contracts

457 Plan. Subject to any limitations imposed by law and by the terms of the District’s plan, Employee can participate in the District’s 457 plan. Employee is responsible to ensure that Employee’s contribution and the City’s contribution meet Internal Revenue Code Section 457 deferred compensation program requirements.

457 Plan. Subject to any limitations imposed by law and by the terms of the District’s plan, Employee can participate in the District’s 457 plan. Employee is responsible to ensure that Employee’s contribution and the CityDistrict’s contribution meet Internal Revenue Code Section 457 deferred compensation program requirements.