403(b) Plan Contributions Sample Clauses
The 403(b) Plan Contributions clause outlines the employer's obligations and procedures for making contributions to employees' 403(b) retirement savings plans. Typically, this clause specifies eligibility requirements, the types of contributions allowed (such as elective deferrals and employer matching), and the timing and method of remitting these contributions to the plan provider. By clearly defining how and when contributions are made, this clause ensures compliance with tax regulations and provides employees with a reliable framework for retirement savings.
403(b) Plan Contributions. BCCHS may offer various Retirement Savings Account options, but may change such plans as necessary from time to time. Participation in a designated plan or alternative vehicle must comply with the plan 's terms and conditions, and will be subject to any specific vesting requirements.
403(b) Plan Contributions. ECRA may offer various Retirement Savings Account options, but may change such plans as necessary from time to time. Participation in a designated plan or alternative vehicle must comply with the plan’s terms and conditions, and will be subject to any specific vesting requirements.
403(b) Plan Contributions. The Human Resources Committee shall develop criteria to assess retirement savings account options and to determine when such actions shall be phased in or phased out. BCCHS may offer up to ten (10) Retirement Savings Account options, and may change or add such options as necessary from time to time as determined by BCCHS following receipt of recommendations by the Human Resources Committee. Participation in a designated plan or alternative vehicle must comply with the plan’s terms and conditions, and will be subject to any specific vesting requirements. Contributions will commence on or before July 31, 2014.