District Matching Benefits Sample Clauses

District Matching Benefits. Effective July 1, 2025 Effective July 1, 2026
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District Matching Benefits. YEAR OF SERVICE BOARD MATCHING CONTRIBUTION
District Matching Benefits. Effective July 1, 2023 In District 403(b) Plan HRA Plan Service Bracket 0 - 3 yrs. No district match. No district match. $0 4 - 10 yrs. $250 Match $250 Match $3,500 11 - 15 yrs. $425 Match $425 Match $4,250 16 - 20 yrs. $600 Match $600 Match $6,000 21 - 25 yrs. $750 Match $750 Match $7,500 26 - yrs. $900 Match $900 Match Lifetime Maximum District Contribution $30,000 Effective July 1, 2024 In District 403(b) Plan HRA Plan Service Bracket 0 - 3 yrs. No district match. No district match. $0 4 - 10 yrs. $275 Match $275 Match $3,850 11 - 15 yrs. $450 Match $450 Match $4,500 16 - 20 yrs. $625 Match $625 Match $6,250 21 - 25 yrs. $775 Match $775 Match $7,750 26 - yrs. $925 Match $925 Match Lifetime Maximum District Contribution $32,200

Related to District Matching Benefits

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.

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