Matching Funds by the Hospital. 1. If the RN with one (1) through fourteen (14) years of service (calculated by the service date) in the Cash Balance Retirement Plan and she/he participates in a TDA, the Hospital will match contributions up to a maximum of four percent (4%) of pay after one (1) year of employment (1000 hours) at the Hospital.
2. If the RN with fifteen (15) through nineteen (19) years of service (calculated by the service date) in the Cash Balance Retirement Plan and she/he participated in a TDA, the Hospital will match contributions up to a maximum of five percent (5%) of pay, effective January 1, 2013.
3. If the RN with twenty (20) or more years of service (calculated by the service date) in the Cash Balance Retirement Plan and she/he participates in a TDA, the Hospital will match contributions up to a maximum of six percent (6%) of pay, effective January 1, 2013.
Matching Funds by the Hospital. 1. If the RN with one (1) through fourteen (14) years of service (calculated by the service date) in the Cash Balance Retirement Plan and the RN participates in a TDA, the Hospital will match contributions up to a maximum of four percent (4%) of pay after one (1) year of employment (1000 hours) at the Hospital.
2. If the RN with fifteen (15) years through nineteen (19) years of service (calculated by the service date) in the Cash Balance Retirement Plan and the RN participates in a TDA, the Hospital will match contributions up to a maximum of five percent (5%) of pay, effective January 1, 2013.
3. If the RN with twenty (20) years through twenty-four (24) years of service (calculated by the service date) in the Cash Balance Retirement Plan and the RN participates in a TDA, the Hospital will match contributions up to a maximum of six percent (6%) of pay, effective January 1, 2013.
4. If the RN with twenty-five (25) or more years of service (calculated by the service date) in the Cash Balance Retirement Plan and the RN participates in a TDA, the Hospital will match contributions up to a maximum of seven percent (7%) of pay, effective January 1, 2020.
