Employees Deferred Compensation Program. The employer shall make a matching contribution of 9% of the employee’s contribution to the employees deferred compensation program. An employee may elect to have compensation from the sale of unused vacation, compensatory time and/or sick leave rolled into their deferred compensation account, per Section 13.1 H. and Section 14.2 B. It is understood the nine percent (9%) matching does not apply to this transaction. All rules, requirements, and conditions of deferred compensation accounts shall apply.
Employees Deferred Compensation Program. The employer shall make a matching contribution of 9% of the employee's contribution to the employees deferred compensation program. This contribution shall be for all employees who are enrolled in the HSA health insurance plan or employees who waive health insurance coverage. This program is not available to those employees enrolled in the PPO insurance plan. An employee may elect to have compensation from the sale of unused vacation, compensatory time and/or sick leave rolled into their deferred compensation account. All rules, requirements, and conditions of deferred compensation accounts shall apply.
