Common use of AND FORFEITURES Clause in Contracts

AND FORFEITURES. 8-1 CONTRIBUTIONS SUBJECT TO VESTING. Does the Plan provide for Employer Contributions under AA Β§6 or Matching Contributions under AA Β§6B that are subject to vesting? πŸ—Ή Yes 🞎 No [If β€œNo” is checked, skip to Section 9.] [Note: β€œYes” should be checked under this AA Β§8-1 if the Plan provides for Employer Contributions and/or Matching Contributions that are subject to a vesting schedule, even if such contributions are always 100% vested under AA Β§8-2. β€œNo” should be checked if the only contributions under the Plan are Salary Deferrals, and/or After-Tax Employee Contributions.] 8-2 VESTING SCHEDULE. The vesting schedule under the Plan is as follows for both Employer Contributions and Matching Contributions, to the extent authorized under AA Β§6 and AA Β§6B. (See Section 7.02 of the Plan for a description of the various vesting schedules under this AA Β§8-2.) πŸ—Ή (a) Vesting schedule for Employer Contributions and Matching Contributions: ER Match πŸ—Ή 🞎 (1) Full and immediate vesting 🞎 🞎 (2) 3-year cliff vesting schedule 🞎 🞎 (3) 5-year graded vesting schedule 🞎 🞎 (4) 6-year graded vesting schedule 🞎 🞎 (5) Modified vesting schedule % after 1 Year of Service % after 2 Years of Service % after 3 Years of Service % after 4 Years of Service % after 5 Years of Service % after 6 Years of Service % after 7 Years of Service % after 8 Years of Service % after 9 Years of Service % after 10 Years of Service

Appears in 3 contracts

Samples: Retirement Trust Plan, esbpublic.cusd200.org, www.d11.org

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AND FORFEITURES. 8-1 CONTRIBUTIONS SUBJECT TO VESTING. Does the Plan provide for Employer Contributions under AA Β§6 or Matching Contributions under AA Β§6B that are subject to vesting? 🞎 Yes πŸ—Ή Yes οΏ½οΏ½ No [If β€œNo” is checked, skip to Section 9.] [Note: β€œYes” should be checked under this AA Β§8-1 if the Plan provides for Employer Contributions and/or Matching Contributions that are subject to a vesting schedule, even if such contributions are always 100% vested under AA Β§8-2. β€œNo” should be checked if the only contributions under the Plan are Salary Deferrals, and/or After-Tax Employee Contributions.] 8-2 VESTING SCHEDULE. The vesting schedule under the Plan is as follows for both Employer Contributions and Matching Contributions, to the extent authorized under AA Β§6 and AA Β§6B. (See Section 7.02 of the Plan for a description of the various vesting schedules under this AA Β§8-2.) 🞎 πŸ—Ή (a) Vesting schedule for Employer Contributions and Matching Contributions: ER Match🞎 πŸ—Ή 🞎 (1) Full and immediate vesting 🞎 🞎 (2) 3-year cliff vesting schedule 🞎 🞎 (3) 5-year graded vesting schedule 🞎 🞎 (4) 6-year graded vesting schedule 🞎 🞎 (5) Modified vesting schedule % after 1 Year of Service % after 2 Years of Service % after 3 Years of Service % after 4 Years of Service % after 5 Years of Service % after 6 Years of Service % after 7 Years of Service % after 8 Years of Service % after 9 Years of Service % after 10 Years of Service

Appears in 1 contract

Samples: www.missouristate.edu

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AND FORFEITURES. 8-1 CONTRIBUTIONS SUBJECT TO VESTING. Does the Plan provide for Employer Contributions under AA Β§6 or Matching Contributions under AA Β§6B that are subject to vesting? πŸ—Ή Yes 🞎 No [If β€œNo” is checked, skip to Section 9.] [Note: β€œYes” should be checked under this AA Β§8-1 if the Plan provides for Employer Contributions and/or Matching Contributions that are subject to a vesting schedule, even if such contributions are always 100% vested under AA Β§8-2. β€œNo” should be checked if the only contributions under the Plan are Salary Deferrals, and/or After-Tax Employee Contributions.] 8-2 VESTING SCHEDULE. The vesting schedule under the Plan is as follows for both Employer Contributions and Matching Contributions, to the extent authorized under AA Β§6 and AA Β§6B. (See Section 7.02 of the Plan for a description of the various vesting schedules under this AA Β§8-2.) πŸ—Ή (a) Vesting schedule for Employer Contributions and Matching Contributions: ER Match πŸ—Ή 🞎 (1) Full and immediate vesting 🞎 🞎 (2) 3-year cliff vesting schedule 🞎 🞎 (3) 5-year graded vesting schedule 🞎 🞎 (4) 6-year graded vesting schedule 🞎 🞎 (5) Modified vesting schedule % after 1 Year of Service % after 2 Years of Service % after 3 Years of Service % after 4 Years of Service % after 5 Years of Service % after 6 Years of Service % after 7 Years of Service % after 8 Years of Service % after 9 Years of Service % after 10 YeaService πŸ—Ή (6) Describe additional modifications to vesting schedule applicable to Employer Contributions: If contractual Employer Contributions are made on behalf of the Treasurer or Superintendent, crediting and vesting of deferrals shall occur as specified in the contract(s), not to exceed the annual deferral limits of section 415 of the Code.rs of Service

Appears in 1 contract

Samples: go.boarddocs.com

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