Common use of Matching Contribution Clause in Contracts

Matching Contribution. For each One (1) Dollar contributed by an eligible teacher to a Code Section 403(b) plan maintained by the School Corporation, the Board will contribute One (1) Dollar to the 403(b) Matching Program (the “Matching Contribution”). However, the annual maximum Matching Contribution made by the Board for any particular teacher shall not exceed $800 for the school year.

Appears in 5 contracts

Samples: www.centergrove.k12.in.us, www.centergrove.k12.in.us, www.centergrove.k12.in.us

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Matching Contribution. For each One (1) Dollar contributed by an eligible teacher to a Code Section 403(b) plan maintained by the School Corporation, the Board will contribute One (1) Dollar to the 403(b) Matching Program (the “Matching Contribution”). However, the annual maximum Matching Contribution made by the Board for any particular teacher shall not exceed $800 725 for the school year.

Appears in 2 contracts

Samples: www.centergrove.k12.in.us, www.centergrove.k12.in.us

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Matching Contribution. For each One (1) Dollar contributed by an eligible teacher to a Code Section 403(b) plan maintained by the School Corporation, the Board will contribute One (1) Dollar to the 403(b) Matching Program (the “Matching Contribution”―Matching Contribution‖). However, the annual maximum Matching Contribution made by the Board for any particular teacher shall not exceed $800 725 for the school year.

Appears in 1 contract

Samples: www.centergrove.k12.in.us

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