Deferred Compensation Match. The District will make a matching payment to the tax-deferred savings plans. The District Payment will be made to the State of Minnesota Deferred Compensation Plan (457) and/or the Special School District No. 1 403(b)
Deferred Compensation Match. Effective the first full pay period of July 2015, each employee that is an active participant and contributes a minimum of fifty dollars ($50.00) per pay period to a City approved Deferred Compensation program, will have their contributions matched by the City, not to exceed fifty dollars ($50.00) per pay period.
Deferred Compensation Match. Effective with the date this agreement is adopted by the Board of Supervisors, the County shall match an employee’s deferred compensation contribution according to the following schedule:
Deferred Compensation Match. 1. The County shall match a Union member’s contribution to deferred compensation up to a maximum of three percent (3%) of the employee’s base salary.
Deferred Compensation Match. The District will make a matching payment to the tax-deferred savings plans. The District Payment will be made to the State of Minnesota Deferred Compensation Plan (457) and/or the Special School District No. 1 403(b) Plan. All employer and employee amounts paid to the State of Minnesota Deferred Compensation Plan (457) are subject to FICA or social security taxes. All employee contributions to the 403(b) plan are subject to FICA, but employer contributions to the 403(b) plan are not subject to FICA. Employees should ensure that tax-deferred payments do not exceed IRS limits. If limits are exceeded, the District will stop deductions to these accounts.
Deferred Compensation Match. Effective with the first full pay period in November 2015, the County will match up to one hundred and fifty dollars ($150) per calendar year for employees with five to nine and ninety-nine one hundredths (5 to 9.99) years of service and up to two hundred dollars ($200) per calendar year for employees with ten (10) years of service or more.
Deferred Compensation Match. The Employer will contribute fifty cents ($.50) for every dollar ($1.00) contributed by the employee. The employer contribution will not exceed one percent (1%) of the employee’s monthly base wage.
Deferred Compensation Match. Effective January 1, 2019 the City will match employee contributions into their City approved 457 plans up to a maximum of $4000. No combination of Employee and Employer funds can exceed the IRS limits for City approved 457 plans. The table below is for illustrative purposes only: Employee Contribution Employer Matching Contribution $1,000 $1,000 $2,500 $2,500 $4,000 $4,000 $11,000 $4,000
Deferred Compensation Match. The County provides the following deferred compensation plan match to employees with open 457 deferred contribution accounts: • Beginning with the pay period following the completion of two (2) years of service, the County will match up to $35.00 a month or if a biweekly pay cycle $16.15 per pay period (26x/year) • Beginning with the pay period following the completion of five (5) years of service, the County will match up to $85.00 a month or if a biweekly pay cycle $39.23 per pay period (26x/year) • Beginning with the pay period following the completion of ten (10) years of service, the County will match up to $170.00 a month or if a biweekly pay cycle $78.46 per pay period (26x/year)
Deferred Compensation Match. Effective January 1, 2019 the City will match employee contributions into their City approved 457 plans up to a maximum of $4000. No combination of Employee and Employer funds can exceed the IRS limits for City approved 457 plans. The table below is for illustrative purposes only: Employee Contribution Employer Matching Contribution $1,000 $1,000 $2,500 $2,500 $4,000 $4,000 $11,000 $4,000 ARTICLE IX – LEAVES Memorandum of Agreement Between Utilities Management and Professional Association of Palo Alto and the City of Palo Alto effective December 10, 2018 to June 30, 2019
