403(b) Deferred Compensation Plan Criteria Sample Clauses

403(b) Deferred Compensation Plan Criteria. Teachers hired before January 1, 1990, are eligible to participate in the 403(b) Deferred Compensation Plan. The School District shall match the employee's 403(b) deferred compensation up to the annual maximum indicated on Schedule D. The School District contribution is prorated for teachers who work part-time. The District contribution becomes the "property" of the teacher once the money has been transferred into the teacher's 403(b)
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403(b) Deferred Compensation Plan Criteria. Non-probationary teachers are eligible to participate in the 403(b) Deferred Compensation Plan. The School District shall match the employee's 403(b) deferred compensation up to the annual maximum indicated on Schedule D. The School District contribution is pro-rated for teachers who work part-time. The School District contribution becomes the "property" of the teacher once the money has been transferred into the teacher's 403(b)
Sample 1Sample 2
403(b) Deferred Compensation Plan Criteria. The School District shall match the employee's 403(b) deferred compensation of 2.5% of the employee’s base salary according to Schedule A or B. The School District contribution becomes the "property" of the teacher once the money has been transferred into the teacher's 403(b)
Sample 1

Related to 403(b) Deferred Compensation Plan Criteria

  • Deferred Compensation Program ‌ Unit members shall continue to be eligible to join the County’s Deferred Compensation Plan. Said employees will be bound by the same Plan, rules and participation agreements as are generally applicable to other County employees. DSA acknowledges that County retains the right to alter, amend, or repeal the current plan, rules, and participation agreements, at any time. The County shall not charge an administrative fee to participating employees.

  • Deferred Compensation Upon the consummation of the Initial Business Combination, the Company will cause the Trustee to pay to the Representative, on behalf of the Underwriters, the Deferred Discount. Payment of the Deferred Discount will be made out of the proceeds of the Offering held in the Trust Account. The Underwriters shall have no claim to payment of any interest earned on the portion of the proceeds held in the Trust Account representing the Deferred Discount. If the Company fails to consummate its Initial Business Combination within the time period prescribed in the Amended and Restated Certificate of Incorporation, the Deferred Discount will not be paid to the Representative and will, instead, be included in the liquidation distribution of the proceeds held in the Trust Account made to the Public Stockholders. In connection with any such liquidation distribution, the Underwriters will forfeit any rights or claims to the Deferred Discount.

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

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