DEFERRED COMPENSATION - MATCH PROGRAM. The City will match up to $50.00 per pay period ($100.00 per month) of an employee’s contribution to a City authorized Deferred Compensation Plan authorized under Internal Revenue Code Section 457. The combined contribution between the City's and the employee's contribution to the City's Deferred Compensation Plan(s) cannot exceed the maximum permitted by law. The parties agree that during the term of this agreement, at least one member from the unit will participate in any deferred compensation committee to consider additional deferred compensation options for all City employees.
DEFERRED COMPENSATION - MATCH PROGRAM. 13.1. The City will match up to $75.00 per pay period ($150.00 per month) of an employee’s contribution to a City Authorized Deferred Compensation Plan authorized under Internal Revenue Code Section 457. The combined contribution between the City's and the employee's contribution to the City's Deferred Compensation Plan(s) cannot exceed the maximum permitted by law.
