Common use of Amount of Matching Contribution Clause in Contracts

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. The District shall match up to the first $750.00 1000.00 (seven-hundred fifty one thousand dollars) of the teacher’s contribution to the 403(b) plan per school year. Commencing July 1, 20152021, the amount of District contribution to 403(b) and VEBA accounts shall be according to the following table: Upon continuing contractcontract (tenure), 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 + 2-19 $1000 $1000 $0 20+ $1000 $1000 $1750

Amount of Matching Contribution. The District shall match up to the first $750.00 (seven-seven hundred fifty dollars) of the teacher’s contribution to the 403(b) plan per school year. Commencing July 1, 2015, 2008 the amount of District contribution to 403(b) 403B and VEBA accounts shall be according to the following table: Upon continuing contracttenure, years of experience as granted on the salary schedule (step) Employee Contribution (up to) District 403(b) 403B Match (up to) VEBA District contribution match (up to) 2 – 15 19 $750 $750 $0 16 20 + $1000 750 $1000 750 $0 20+ $1000 $1000 $1750750