Common use of Employer Contribution to Deferred Compensation Plan Clause in Contracts

Employer Contribution to Deferred Compensation Plan. Effective July 1, 2020 or 12 months following Board adoption of a successor MOU, whichever is later, the County will provide the following deferred compensation plan match to all MSA represented employees with open 457 deferred contribution accounts: • Beginning with the pay period following the completion of 2 years of service, the County will match up to $35 a month or if a biweekly pay cycle $16.15 per pay period (26x/year) • Beginning with the pay period following the completion of 5 years of service, the County will match up to $85 a month or if a biweekly pay cycle $39.23 per pay period (26x/year) • Beginning with the pay period following the completion of 10 years of service, the County will match up to $170 a month or if a biweekly pay cycle $78.46 per pay period (26x/year) Deferred Compensation plans available are the 457 deferred compensation plans currently offered to County employees, which may be subject to change. If, during the term of the MOU, the County secures a 401(a) plan County contributions may be made to the 401(a) plan. ARTICLE 30 MERIT PROCEDURES FOR / MERIT/LONGEVITY STEP INDEX

Employer Contribution to Deferred Compensation Plan. Effective July 1, 2020 or 12 months following Board adoption of a successor MOU, whichever is later, the County will provide the following deferred compensation plan match to all MSA DSA represented employees with open 457 deferred contribution accounts: •  Beginning with the pay period following the completion of 2 years of service, the County will match up to $35 a month or if a biweekly pay cycle $16.15 per pay period (26x/year) •  Beginning with the pay period following the completion of 5 years of service, the County will match up to $85 a month or if a biweekly pay cycle $39.23 per pay period (26x/year) •  Beginning with the pay period following the completion of 10 years of service, the County will match up to $170 a month or if a biweekly pay cycle $78.46 per pay period (26x/year) Deferred Compensation plans available are the 457 deferred compensation plans currently offered to County employees, which may be subject to change. If, during the term of the MOU, the County secures a 401(a) plan County contributions may be made to the 401(a) plan. . DSA MOU 08/01/19 – 06/30/22 | ARTICLE 30 MERIT PROCEDURES FOR / MERIT/LONGEVITY STEP INDEX29RETIREMENT

Employer Contribution to Deferred Compensation Plan. Effective July 1, 2020 or 12 months following Board adoption of a successor MOU, whichever is later, the County will provide the following deferred compensation plan match to all MSA represented employees with open 457 deferred contribution accounts: • Beginning with the pay period following the completion of 2 years of service, the County will match up to $35 a month or if a biweekly pay cycle $16.15 per pay period (26x/year) • Beginning with the pay period following the completion of 5 years of service, the County will match up to $85 a month or if a biweekly pay cycle $39.23 per pay period (26x/year) • Beginning with the pay period following the completion of 10 years of service, the County will match up to $170 a month or if a biweekly pay cycle $78.46 per pay period (26x/year) Deferred Compensation plans available are the 457 deferred compensation plans currently offered to County employees, which may be subject to change. If, during the term of the MOU, the County secures a 401(a) plan County contributions may be made to the 401(a) plan. . DSA MOU 08/01/19 – 06/30/22 | ARTICLE 30 MERIT PROCEDURES FOR / MERIT/LONGEVITY STEP INDEX29RETIREMENT

Employer Contribution to Deferred Compensation Plan. Effective July 1, 2020 or 12 months following Board adoption of a successor MOU, whichever is later, 2021 the County will provide the following deferred compensation plan match to all MSA YCPPOA represented employees with open 457 deferred contribution accounts: • Beginning with the pay period following the completion of 2 years of service, the County will match up to $35 a month or if a biweekly pay cycle $ $16.15 per pay period (26x/year) • Beginning with the pay period following the completion of 5 years of service, the County will match up to $85 a month or if a biweekly pay cycle $39.23 per pay period (26x/year) • Beginning with the pay period following the completion of 10 years of service, the County will match up to $170 a month or if a biweekly pay cycle $78.46 per pay period (26x/year) Deferred Compensation plans available are the 457 deferred compensation plans currently offered to County employees, which may be subject to change. If, during the term of the MOU, the County secures a 401(a) plan County contributions may be made to the 401(a) plan. ARTICLE 30 MERIT PROCEDURES FOR / MERIT/LONGEVITY STEP INDEX