403(b) Contributions Sample Clauses

403(b) Contributions. The School District will make contributions to the Principal’s/Associate Principal’s 403(b) deferred compensation plan in the form of a dollar-for-dollar match to the Principal’s/Associate Principal’s elective deferrals. Lead Principals District match up to a maximum of $5,000 per fiscal year. Associate Principals District match up to a maximum $3,000 per fiscal year. Participation in any 403(b) plan shall be pursuant to School District policy and subject to plan restrictions, the Internal Revenue Code, and other applicable federal and state law and regulations, and the Principal/Associate Principal has sole responsibility for compliance.
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403(b) Contributions. X. XXXXX agrees to make a non-elective employer contribution for those members of the bargaining unit represented by the Association who are eligible for and receive payment for unused sick leave upon retirement described in Article 4.1.D of this contract. The amount of the employer’s non-elective contribution shall be determined by the applicable provision(s) of this contract. BOCES will remit the contribution within 90 days after the effective date of retirement (unless a different payment schedule is required by paragraph C below).
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403(b) Contributions. The District will contribute the following annual matching amount for each full-time teacher who enrolls. The District will contribute a pro-rated annual matching amount for each part-time teacher who enrolls, based on that teacher’s percentage of FTE.” Years of teaching is based on the Rock Ridge Teachers Seniority list.
Sample 1
403(b) Contributions. The School District will make contributions to the Superintendent’s 403(b) deferred compensation plan in the form of a dollar-for-dollar match to the Superintendent’s elective deferrals, up to a maximum of $8,500 in each Contract year. Participation in any 403(b) plan shall be pursuant to School District policy and subject to plan restrictions, the Internal Revenue Code, and other applicable federal and state law and regulations, and the Superintendent has sole responsibility for compliance.
Sample 1

Related to 403(b) Contributions

  • Campaign Contributions The CONTRACTOR is hereby notified of the applicability of 11-355, HRS, which states that campaign contributions are prohibited from specified state or county government contractors during the terms of their contracts if the contractors are paid with funds appropriated by a legislative body.

  • Investment of Contributions At the direction of the Designated Beneficiary (or the direction of the Depositor or the Responsible Individual, whichever applies) the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a custodial account investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Designated Beneficiary (or the Depositor or Responsible Individual), and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Designated Beneficiary.

  • Initial Contributions The Members initially shall contribute to the Company capital as described in Schedule 2 attached to this Agreement.

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

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