MSK Match Contribution definition

MSK Match Contribution means a contribution that MSK makes each pay period to match Participant Contributions made by individuals who are Eligible Employees during that pay period. MSK will match the first 3% of your Compensation that you contribute to the Plan. This means that MSK will contribute one dollar for every one dollar that you contribute to your Participant Contribution Account, up to 3% of your Compensation.
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MSK Match Contribution means a contribution that MSK makes each pay period to match Voluntary Participant Contributions made by individuals who are Eligible Employees during that pay period. MSK will match the first 3% of your Compensation that you contribute
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Related to MSK Match Contribution

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Elective Deferral, under a plan maintained by the Employer.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee’s account under any plan of an Employer or a Related Company solely on account of “elective contributions” made on his behalf or “employee contributions” made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Matching Contribution Account means the portion of a Participant’s Account attributable to Matching Contributions and Earnings thereon.

  • Qualified Matching Contributions means any Participating Employer Contributions to this Plan on behalf of Eligible Employees, provided that amounts attributable to such contributions are not distributable merely on account of the Employee’s hardship and are immediately vested.