D eferred Compensation Clause Samples
D eferred Compensation. A. EMPLOYEES are eligible to participate in the deferred compensation program that the DISTRICT has implemented and in which the EMPLOYEE may participate.
B. The DISTRICT shall match dollar for dollar up to One Hundred Fifty Dollars ($150.00) per EMPLOYEE annually into the deferred compensation program. EMPLOYEES shall be eligible for those benefits provided under this plan.
C. Eligible Vacation and Sick Leave benefits shall be contributed to the PEHP for each
D. EMPLOYEES are also eligible to participate in the deferred compensation program administered by the International Association of Fire Fighters (IAFF). The DISTRICT shall not contribute any additional funds to this program, but shall only contribute those funds that the EMPLOYEE requests, in writing, to be deducted from his/her paycheck.
D eferred Compensation. The City shall continue to provide access to the employee funded 457 deferred compensation plan in effect at the time of the ratification of this Agreement. The City shall have the right to change the administrator and/or plans provided that the overall level of benefits is maintained.
D eferred Compensation. The Superintendent shall receive deferred compensation through contributions to a tax-sheltered annuity plan or similar vehicle in the Superintendent’s name at 7.5% of the base salary. The deferred compensation shall be paid into the Superintendent’s account monthly and is fully vested and earned upon its deposit.