MATCHED CONTRIBUTION Sample Clauses
A Matched Contribution clause requires one party, typically an employer or sponsor, to contribute funds to a plan or account in proportion to the contributions made by another party, such as an employee or participant. For example, an employer may agree to match an employee’s retirement plan contributions up to a certain percentage of the employee’s salary. This clause incentivizes participation and savings by offering additional benefits when the participant contributes, and it ensures that both parties share responsibility in funding the plan.
MATCHED CONTRIBUTION. (Enrollment is dependent upon being eligible for a matched contribution in accordance with the applicable plan document.)
MATCHED CONTRIBUTION. (Enrollment is dependent upon being eligible for a matched contribution in accordance with the applicable plan document.) UNMATCHED CONTRIBUTION (You may remit the unmatched contribution to either one or both retirement investment companies.)
MATCHED CONTRIBUTION. (Enrollment is dependent upon being eligible for a matched contribution in accordance with the applicable plan document.) I elect to contribute Five Percent (5%) of my base salary per pay period and to remit this amount and the applicable employer match to the following retirement investment company: (CHOOSE ONE ONLY)
MATCHED CONTRIBUTION. If you already participate in the Match, skip this part. I ELECT to contribute Three Percent (3%) of my base salary per pay period, in order to receive the RWU 8% match. I CHOOSE to remit this amount, and the applicable employer match, to the following retirement investment company: (CHOOSE ONE ONLY) TIAA Corebridge I elect to contribute $ of my base salary per pay period and to remit this amount to TIAA. I elect to contribute $ of my base salary per pay period and to remit this amount to Corebridge.