Common use of Retirement and Deferred Compensation Clause in Contracts

Retirement and Deferred Compensation. City shall contribute the employer’s and Employee’s portion of cost of membership in the Public Employees Retirement System (PERS) during the term of this Agreement. City shall also make available to Employee a qualified deferred compensation program under Internal Revenue Code Section 457 and will match any contributions Employee may make to that plan consistent with the City match provided to all other employees (currently 2% of the employee’s salary).

Appears in 7 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement

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