Common use of Matching Contribution Plan Clause in Contracts

Matching Contribution Plan. Beginning with open enrollment during the 2010-11 school year, the School District will match employees’ annual contributions for employees who are benefit eligible under Article VIII based on their current year of employment in the School District. The School District matching amount shall not exceed the Annual Maximum Match Amount set forth below: Maximum Match Amount Years of Service Annual Cumulative 0 years to three (3) years -0- $ 0 Four (4) – Eight (8) years $300 $ 1,500 Nine (9) – Thirteen (13) years $400 $ 2,000 Fourteen (14) – Eighteen (18) years $500 $ 2,500 Nineteen (19) plus years $800 $11,000 $17,000 Beginning with open enrollment during the 2020-2021 school year, the School District will match employees’ annual contributions for employees who are benefit eligible under Article VIII based on their current year of employment in the School District. The School District matching amount shall not exceed the Annual Maximum Match Amount set forth below: Maximum Match Amount Years of Service Annual Cumulative 0 years to three (3) years -0- $ -0-

Matching Contribution Plan. Beginning with open enrollment during the 20102014-11 15 school year, for employees working 30 hours a week or more, the School District will match employees’ annual 403b contributions for employees who are benefit eligible under Article VIII based on their current year of employment in the School District. The School District matching amount shall not exceed the Annual Maximum Match Amount set forth below: Maximum Match Amount Years of Service Annual Cumulative 0 years to three (3) years -0- $ 0 Four (4) – Eight (8) years $300 $ 1,500 Nine (9) – Thirteen (13) years $400 $ 2,000 Fourteen (14) – Eighteen (18) years $500 $ 2,500 Nineteen (19) plus years $800 $11,000 $17,000 Beginning with open enrollment during the 2020-2021 school year, the School District will match employees’ annual contributions for employees who are benefit eligible under Article VIII based on their current year of employment in the School District. The School District matching amount shall not exceed the Annual Maximum Match Amount set forth below: Maximum Match Amount Years of Service Annual Cumulative 0 years to three (3) years -0- $ -0-

Matching Contribution Plan. Beginning with open enrollment during the 2010-11 school year, the School District will match employees’ annual contributions for employees who are benefit eligible under Article VIII based on their current year of employment in the School District. The School District matching amount shall not exceed the Annual Maximum Match Amount set forth below: Maximum Match Amount Years of Service Annual Cumulative 0 years to three (3) years -0- $ 0 Four (4) – Eight (8) years $300 $ 1,500 Nine (9) – Thirteen (13) years $400 $ 2,000 Fourteen (14) – Eighteen (18) years $500 $ 2,500 Nineteen (19) plus years $800 $11,000 $17,000 Beginning with open enrollment during the 2020-2021 school year, the School District will match employees’ annual contributions for employees who are benefit eligible under Article VIII based on their current year of employment in the School District. The School District matching amount shall not exceed the Annual Maximum Match Amount set forth below: Maximum Match Amount Years of Service Annual Cumulative 0 years to three (3) years $-0- $ -0- Four (4) – Eight (8) years $500 $ 2,500 Nine (9) – Thirteen (13) years $600 $ 3,000 Fourteen (14) – Eighteen (18) years $700 $ 3,500 Nineteen (19) plus years $900 $ 8,000 $17,000 Beginning with open enrollment during the 2022-2023 school year, the School District will match employees’ annual contributions based on their current year of employment in the School District for employees who work four (4) or more hours per day but are not benefit eligible under Article VIII. The School District matching amount shall not exceed the Annual Maximum Match Amount set forth below: Maximum Match Amount Years of Service Annual Cumulative 0 years to three (3) years $-0- $ -0-

Matching Contribution Plan. Beginning with open enrollment during the 2010-11 school year, the School District will match employees’ annual contributions for employees who are benefit eligible under Article VIII based on their current year years of employment in the School District. The School District matching amount shall not exceed the Annual Maximum Match Amount set forth below: Maximum Match Amount Years of Service Annual Cumulative 0 years to three (3) years -0- $ 0 Four (4) – Eight (8) years $300 $ 1,500 Nine (9) – Thirteen (13) years $400 $ 2,000 Fourteen (14) – Eighteen (18) years $500 $ 2,500 Nineteen (19) plus years $800 $11,000 $17,000 Beginning with open enrollment during the 2020-2021 school year, the School District will match employees’ annual contributions for employees who are benefit eligible under Article VIII based on their current year of employment in the School District. The School District matching amount shall not exceed the Annual Maximum Match Amount set forth below: Maximum Match Amount Years of Service Annual Cumulative 0 years to three (3) years $-0- $ -0-