Defined Contribution. Mandatory 1% by employee (pre-taxed), 1% match from County. • Employee may contribute another 2-4% (pre-taxed). • Once the County has covered the defined benefit funding percentage and the 1% match on the defined contribution, the County will match any additional percentage the employee puts in (up to a total of 8% between the defined benefit and defined contribution).
Appears in 3 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement