Savings Program. Effective June 1, 1997 Eligibility: The Optional Pension Plan (OPP) and Employee Savings Plan (ESP) are part of the Savings Program. To be eligible for the Optional Pension Plan, you must be a participant of the Retirement Plan. The Employee Savings Plan is open to all employees following their probation period. Effective June 1, 2003, you may contribute up to a maximum of six (6%) percent of your wages, including overtime. Post Foods Canada will make contributions equal to forty (40%) percent of your contributions. In other words, for each dollar that you will contribute to the program, Post Foods Canada will contribute forty ($0.40) cents. In addition, you may make contributions in excess of 6% to the ESP. The limit on the ESP contribution level is 10%. You cannot contribute more than 16% of your pay to the OPP and ESP combined. The Company matching contribution will be eliminated effective April 1, 2009. Detailed information on the Program is contained in the Employee Booklet.
Savings Program. The Round It Up Savings Program is a FREE service to Farmers Insurance Federal Credit Union members:
Savings Program. MSTS shall continue to allow Employee participation in the Represented Employees 401(k) Savings Program.
Savings Program. 1. The Board will afford to any bargaining unit member who so requests, the opportunity to participate in a Tax Sheltered Annuity Program.
Savings Program. MSTS shall continue to allow Employee participation in the Represented Employees 401(k) Savings Program. Project Labor Agreement for Construction International Association of Bridge, Structural, Ornamental and Reinforcing Ironworkers Local Unions No. 416 and 433 EFFECTIVE 10/01/2020 through 09/30/2025 APPENDIX A
Savings Program. As of the Closing Date, the Savings Program of Seller shall not accept contributions from Employees. Buyer shall grant to each Continuing Employee covered by the Savings Plan immediately before the Closing credit for his or her period of employment with Aptus and Seller prior to the Closing Date for the purpose of eligibility and vesting under Buyer's defined contribution plan (the "Buyer's Savings Plan"), but not for the purpose of benefit accrual. The Buyer's Savings Plan will accept "rollovers" of account balances of Continuing Employees from the Savings Program with respect to before tax contributions only, in accordance with the terms and administrative policies of the Seller's Plan. Outstanding loans under the Savings Program will not be transferable to the Buyer's Savings Plan.
Savings Program a. Tax-Deferred 403(b) Plan – Participation in the UCRS Tax-Deferred 403(b) Plan is available to all University employees except students who normally work less that twenty (20) hours per week. The Plan provides the following investment options:
Savings Program. Effective June I, Group Retirement Savings Plan (Group and Employee Savings Pian (ESP) are part of the Savings Program. To be eligible for the Group Retirement Savings Plan, you must be a participant of the Retirement Plan. The Employee Savings Plan is open to all employees following their probation period. You may contribute up to a maximum of five (5%) percent of your wages, including Canada Inc. will make contributions equal to twenty-five (25%) percent of your contributions. In other words, for each dollar that you will contribute to the program, Kraft Canada Inc. will contribute twenty-five ($0.25)cents. Effective January you may contribute up to a maximum of (6%) percent of your wages, including overtime. Kraft Canada Inc. will make contributions equal to thirty-five (35%) percent of your contributions. In other words, for each dollar that you will contribute to the program, Kraft Canada Inc. will contribute thirty-five ($0.35) cents. Detailed information on the Program is contained in the SAVINGS PROGRAM brochure, available at the Human Resources Department.
Savings Program. NSTec shall continue to allow employee participation in the Represented Employees 401(K) Savings Program.
Savings Program. On the Closing Date, Employees eligible to participate in the Lockheed Xxxxxx Employees Performance Sharing Plan ("Seller's Savings Plan") shall commence participating in a defined contribution plan or plans sponsored by Buyer. Buyer shall cause such plans to be amended to waive any waiting period for eligibility to participate in such plans. To the extent permitted by Section 401(k)(10) of the Code, each Employee shall be permitted during the period between the Closing and the end of the second calendar year following the Closing Date, to receive a distribution from Seller's Savings Plan, make a direct rollover in accordance with Section 401(a)(31) of the Code, or leave his or her account balances in Seller's Savings Plan. Seller shall take such action as may be necessary, if any, to permit each Employee to make a direct rollover to Seller's Savings Plan in accordance with Section 401(a)(31) of the Code. The assets transferred in the direct rollover shall be in the form of cash except that participant loan balances shall be transferred in the form of notes. Buyer agrees to facilitate through payroll deduction any loan repayments due on behalf of Employees who do not elect to make a direct rollover to Buyer's defined contribution plan.
