DEFERRED COMPENSATION RETIREMENT PLAN. The Fire Department will contribute the equivalent of 4 hours of pay per month at the 56-hour workweek rate of pay for a total of 48 hours annually into employees’ 401(a) accounts. The County’s contribution to the Section 401(a) deferred compensation plan shall be suspended effective July 1, 2010 through June 30, 2013 and recommence beginning July 1, 2013 through June 30, 2020.
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Samples: Sideletters of Agreement, www.acgov.org, www.acgov.org
DEFERRED COMPENSATION RETIREMENT PLAN. The Fire Department will contribute the equivalent of 4 hours of pay per month at the 56-hour workweek rate of pay for a total of 48 hours annually into employees’ 401(a) accounts. The County’s contribution to the Section 401(a) deferred compensation plan shall be suspended effective July 1, 2010 through June 30, 2013 and recommence beginning July 1, 2013 through June 30, 2020.:
Appears in 2 contracts
Samples: Grievance Procedure, Grievance Procedure