Amount of Matching Contribution. Subject to applicable limitations provided by the Plan, the Employer shall contribute to the Trust Fund each Plan Year with respect to the amount of Elective Contributions on behalf of each electing Employee a Matching Contribution determined in the manner set forth in the Adoption Agreement.
Amount of Matching Contribution. The District shall match up to the first $750.00 (seven-hundred fifty dollars) of the teacher’s contribution to the 403(b) plan per school year. Commencing July 1, 2015, the amount of District contribution to 403(b) and VEBA accounts shall be according to the following table: Upon continuing contract, years of experience as granted on the salary schedule (step) Employee Contribution (up to) District 403(b) Match (up to) VEBA District contribution (up to) 2 – 15 $750 $750 $0 16 + $1000 $1000 $0 20+ $1000 $1000 $1750
Amount of Matching Contribution. Effective January 1, 2018, full-time employees may contribute to a 403(b) plan and will receive a matching contribution from the District based on their completed years of service. Part-time employees are not eligible to participate in the matching contribution program. The maximum amount of the District’s annual matching contribution is stated in the schedule below. One year of service is defined as the completion of twelve continuous months of service.
Amount of Matching Contribution. Effective July 1, 2018, the District shall match up to $750 (seven hundred fifty dollars) per school year of the employee’s contribution to the 403(b) plan.
Amount of Matching Contribution. Subject to applicable limitations provided by the Plan, the Employer shall contribute to the Trust Fund each Plan Year with respect to the amount of Elective Deferrals on behalf of each electing Employee, a Matching Contribution determined in the manner set forth in the Adoption Agreement, to the extent permitted under Code section 401(m). If elected in the Adoption Agreement, Catch-up Contributions will not be treated as Elective Deferrals in the calculation of Matching Contributions. If the Participants’ Elective Deferral elections are made on an annual basis, but Elective Deferrals are taken from Compensation on some other basis, the Employer must True-Up Matching Contributions at the end of the Plan Year to an annual basis unless elected otherwise in the Adoption Agreement. Short Form. Catch-up contributions will be matched at the same rate as Elective Deferrals.
Amount of Matching Contribution. If the employer has specified that it will make employer matching contributions on behalf of participants, such matching contributions will be in an amount determined as follows: [Select one]
Amount of Matching Contribution. If the employer has specified that it will make employer matching contributions on behalf of participants, such matching contributions will be in an amount determined as follows: [Select one] [X] (a) 50% of the compensation deferral contributions made by each participant.
