Common use of 401(a) Plan Clause in Contracts

401(a) Plan. A. Any covered employee hired on or after January 1, 2002, shall not be eligible to earn or receive the retirement service benefit provided by Article 11, but shall instead be eligible to receive COUNTY contributions into an Internal Revenue Code Section 401(a) Plan established by the COUNTY, as described more fully below. Any covered employee who was hired prior to January 1, 2002, may also elect to receive COUNTY contributions into a Section 401(a) Plan under this Article, but only if he or she agrees to waive and relinquish any present or future rights he or she may have to receive the retirement service benefit provided by Article 11. B. COUNTY shall continue to provide an Internal Revenue Code Section 401(a) Plan consistent with this Article. COUNTY shall continue to contribute into the Section 401(a) Plan an amount on behalf of each covered employee electing to participate under this Article equal to the amount contributed by that employee from his or her own pre-tax salary equal into one of the COUNTY’s Section 457 deferred compensation plans or into the 401(a) Plan directly (if made available to employee contributions) but not to exceed 3% of the employee’s pre-tax salary. Accordingly, if an employee contributed a total of 1-3% of his or her pre-tax salary to a 457 plan, then the dollar amount of the COUNTY’s 401(a) contribution would fully match the employee’s 457contribution; if an employee contributed more than 3% of his or her pre- tax salary to a 457 plan, then the dollar amount of the COUNTY’s 401(a) contribution would only be equal to 3% (and not more) of the employee’s pre- tax salary and would not fully match the employee’s 457 contribution. The employee may direct the investment of said contributions in accordance with the options or limitations provided by the 401(a) Plan. Each such employee shall vest -- that is, earn the right to withdraw – the COUNTY’s contributions into the 401(a) Plan on their behalf based on years of COUNTY service, as set forth more fully below. C. The 401(a) Plan implementing this Article shall provide the following schedule of vesting requirements for any participating employee to earn and be eligible to withdraw or otherwise receive a portion (or in some cases all) of his or her total account value at the time of termination:

401(a) Plan. A. Any covered employee hired on or after January 1, 2002, shall not be eligible to earn or receive the retirement service benefit provided by Article 1116, but shall instead be eligible to receive COUNTY contributions into an Internal Revenue Code Section 401(a) Plan established by the COUNTY, as described more fully below. Any covered employee who was hired prior to January 1, 2002, may also elect to receive COUNTY contributions into a Section 401(a) Plan under this Article, but only if he or she agrees to waive and relinquish any present or future rights he or she may have to receive the retirement service benefit provided by Article 11. B. . COUNTY shall continue to provide an Internal Revenue Code Section 401(a) Plan consistent with this Article. COUNTY shall continue to contribute into the Section 401(a) Plan an amount on behalf of each covered employee electing to participate under this Article 15 equal to the amount contributed by that employee from his or her own pre-tax salary equal into one of the COUNTY’s Section 457 deferred compensation plans or into the 401(a) Plan directly (if made available to employee contributions) but not to exceed 3% of the employee’s pre-tax salary. Accordingly, if an employee contributed a total of 1-3% of his or her pre-tax salary to a 457 plan, then the dollar amount of the COUNTY’s 401(a) contribution would fully match the employee’s 457contribution; if an employee contributed more than 3% of his or her pre- pre-tax salary to a 457 plan, then the dollar amount of the COUNTY’s 401(a) contribution would only be equal to 3% (and not more) of the employee’s pre- pre-tax salary and would not fully match the employee’s 457 contribution. The employee may direct the investment of said contributions in accordance with the options or limitations provided by the 401(a) Plan. Each such employee shall vest -- that is, earn the right to withdraw – the COUNTY’s contributions into the 401(a) Plan on their behalf based on years of COUNTY service, as set forth more fully below. C. The 401(a(a) Plan implementing this Article shall provide the following schedule of vesting requirements for any participating employee to earn and be eligible to withdraw or otherwise receive a portion (or in some cases all) of his or her total account value at the time of termination:

401(a) Plan. A. Any covered employee hired on or after January 1, 2002, shall not be eligible to earn or receive the retirement service benefit provided by Article 1116, but shall instead be eligible to receive COUNTY contributions into an Internal Revenue Code Section 401(a) Plan established by the COUNTY, as described more fully below. Any covered employee who was hired prior to January 1, 2002, may also elect to receive COUNTY contributions into a Section 401(a) Plan under this Article, but only if he or she agrees to waive and relinquish any present or future rights he or she may have to receive the retirement service benefit provided by Article 11. B. A. COUNTY shall continue to provide an Internal Revenue Code Section 401(a) Plan consistent with this Article. COUNTY shall continue to contribute into the Section 401(a) Plan an amount on behalf of each covered employee electing to participate under this Article 15 equal to the amount contributed by that employee from his or her own pre-tax salary equal into one of the COUNTY’s Section 457 deferred compensation plans or into the 401(a) Plan directly (if made available to employee contributions) but not to exceed 3% of the employee’s pre-tax salary. Accordingly, if an employee contributed a total of 1-3% of his or her pre-tax salary to a 457 plan, then the dollar amount of the COUNTY’s 401(a) contribution would fully match the employee’s 457contribution; if an employee contributed more than 3% of his or her pre- tax salary to a 457 plan, then the dollar amount of the COUNTY’s 401(a) contribution would only be equal to 3% (and not more) of the employee’s pre- tax salary and would not fully match the employee’s 457 contribution. The employee may direct the investment of said contributions in accordance with the options or limitations provided by the 401(a) Plan. Each such employee shall vest -- that is, earn the right to withdraw – the COUNTY’s contributions into the 401(a) Plan on their behalf based on years of COUNTY service, as set forth more fully below. C. B. The 401(a) Plan implementing this Article shall provide the following schedule of vesting requirements for any participating employee to earn and be eligible to withdraw or otherwise receive a portion (or in some cases all) of his or her total account value at the time of termination:: Less than 1 year 0% 1 year plus 1 day to 2 years 10% 2 years plus 1 day to 3 years 20% 3 years plus 1 day to 4 years 40% 4 years plus 1 day to 5 years 60% 5 years plus 1 day but less than 6 years 80% 6 years 100% C. In addition to and notwithstanding the foregoing, employee’ options for withdrawing, “rolling over,” and otherwise using account money -- and the tax consequences of such withdrawals and use – shall be subject to any legal requirements or limitations of Internal Revenue Code Section 401(a) and any other applicable laws with which the COUNTY and the Plan must comply.

401(a) Plan. A. Any covered employee hired on or after January 1February 4, 20022003, shall not be eligible to earn or receive the retirement service benefit provided by Article 11, but shall instead be eligible to receive COUNTY contributions into an Internal Revenue Code Section 401(a) Plan established by the COUNTY, as described more fully below. Any covered active employee of the unit who was hired prior to January 1February 4, 20022003, may also elect to receive COUNTY contributions into a Section 401(a) Plan under this Article, but only if he or she agrees to waive and relinquish any present or future rights he or she may have to receive the retirement service benefit provided by Article 11. B. The COUNTY shall continue to provide has established and implemented an Internal Revenue Code Section 401(a) Plan consistent with this Article. The COUNTY shall continue to contribute into the Section 401(a) Plan an amount on behalf of each covered employee electing to participate under this Article 10 equal to the amount contributed by that employee from his or her own pre-tax salary equal into one of the COUNTY’s Section 457 deferred compensation plans or into the 401(a) Plan directly (if made available to employee contributions) but not to exceed three percent (3% %) of the employee’s pre-tax salary. Accordingly, if an employee contributed a total of 1-one to three percent (1- 3% %) of his or her pre-tax salary to a 457 plan, then the dollar amount of the COUNTY’s 401(a) contribution would fully match the employee’s 457contribution457 contribution; if an employee contributed more than three percent (3% %) of his or her pre- pre-tax salary to a 457 plan, then the dollar amount of the COUNTY’s 401(a) contribution would only be equal to three percent (3% %) (and not more) of the employee’s pre- tax salary and would not fully match the employee’s 457 contribution. The employee may direct the investment of said contributions in accordance with the options or limitations provided by the 401(a) Plan. Each such employee employees shall vest -- that is, earn the right to withdraw – the COUNTY’s contributions into the 401(a) Plan on their behalf based on years of COUNTY service, as set forth more fully below. C. The 401(a) Plan implementing implemented in this Article shall provide the following schedule of vesting requirements for any participating employee to earn and be eligible to withdraw or otherwise receive a portion (or in some cases all) of his or her total account value at the time of termination:: Less than 1 year 0 percent 1 year plus 1 day to 2 years 10 percent 2 years plus 1 day to 3 years 20 percent 3 years plus 1 day to 4 years 40 percent 4 years plus 1 day to 5 years 60 percent 5 years plus 1 day but less than 6 years 80 percent 6 years 100 percent D. In addition to and notwithstanding the foregoing, employees’ options for withdrawing, “rolling over,” and otherwise using account money -- and the tax consequences of such withdrawals and use – shall be subject to any legal requirements or limitations of Internal Revenue Code Section 401(a) and any other applicable laws with which the COUNTY and the Plan must comply.

401(a) Plan. A. Any covered employee hired on or after January 1, 2002, shall not be eligible to earn or receive the retirement service benefit provided by Article 11, but shall instead be eligible to receive COUNTY contributions into an Internal Revenue Code Section 401(a) Plan established by the COUNTY, as described more fully below. Any covered employee who was hired prior to January 1, 2002, may also elect to receive COUNTY contributions into a Section 401(a) Plan under this Article, but only if he or she agrees to waive and relinquish any present or future rights he or she may have to receive the retirement service benefit provided by Article 11. B. COUNTY shall continue to provide an Internal Revenue Code Section 401(a) Plan consistent with this Article. COUNTY shall continue to contribute into the Section 401(a) Plan an amount on behalf of each covered employee electing to participate under this Article equal to the amount contributed by that employee from his or her own pre-tax salary equal into one of the COUNTY’s Section 457 deferred compensation plans or into the 401(a) Plan directly (if made available to employee contributions) but not to exceed 3% of the employee’s pre-tax salary. Accordingly, if an employee contributed a total of 1-3% of his or her pre-tax salary to a 457 plan, then the dollar amount of the COUNTY’s 401(a) contribution would fully match the employee’s 457contribution; if an employee contributed more than 3% of his or her pre- pre-tax salary to a 457 plan, then the dollar amount of the COUNTY’s 401(a) contribution would only be equal to 3% (and not more) of the employee’s pre- pre-tax salary and would not fully match the employee’s 457 contribution. The employee may direct the investment of said contributions in accordance with the options or limitations provided by the 401(a) Plan. Each such employee shall vest -- that is, earn the right to withdraw – the COUNTY’s contributions into the 401(a) Plan on their behalf based on years of COUNTY service, as set forth more fully below. C. The 401(a) Plan implementing this Article shall provide the following schedule of vesting requirements for any participating employee to earn and be eligible to withdraw or otherwise receive a portion (or in some cases all) of his or her total account value at the time of termination:: Less than 1 year 0% 1 year plus 1 day to 2 years 10% 2 years plus 1 day to 3 years 20% 3 years plus 1 day to 4 years 40% 4 years plus 1 day to 5 years 60% 5 years plus 1 day but less than 6 years 80% 6 years 100% D. In addition to and notwithstanding the foregoing, employee’ options for withdrawing, “rolling over,” and otherwise using account money -- and the tax consequences of such withdrawals and use – shall be subject to any legal requirements or limitations of Internal Revenue Code Section 401(a) and any other applicable laws with which the COUNTY and the Plan must comply.