Common use of Retirement Contribution Clause in Contracts

Retirement Contribution. The Congregation will make contributions to a qualified church retirement plan. All eligibility and participation requirements will be adhered to, as determined by the Plan Sponsor and pursuant to the applicable plan documents and federal law. Contributions will be submitted by the applicable federally-regulated due date for each contribution type. 3.2.2.1 For congregations in the UU Organizations Retirement Plan: Consistent with the legal commitments outlined in our congregation's Employer Participation Agreement on file with the UUA Office of Church Staff Finances, the Congregation will make a % Employer Contribution. [And, if applicable, a % matching contribution and/or __ % auto-enroll.] The Congregation will define compensation in accordance with the exclusions we have designated in item 4 of that Agreement. If at any time an inconsistency is found between this Agreement and the congregation's Employer Participation Agreement, the staff or lay leader responsible for Retirement Plan administration will immediately contact the UUA Retirement Plan Director, XxxxxxxxxxXxxx@xxx.xxx, for assistance in coming to a resolution. Along with all other employees, the Minister can authorize elective contributions through salary deferral at any time. The UU Organizations Retirement Plan is an IRS-qualified 401(a)/(k) defined contribution church plan and is federally regulated. All employees who satisfy the Plan’s Year of Eligibility Service provision (See 2.42 in the UUA Plan document) must be enrolled in the UUA Retirement Plan and all must receive the same percentage employer retirement contribution, as specified in the congregation's Employer Participation Agreement. Ministers meet the Year of Eligibility Service provision through completion of the UUA's ministerial credentialing process. Information about Elective and Employers' Contributions, including rules for matching contributions, can be found at: xxxxx://xxx.xxx.xxx/finance/compensation/retirement/contributions. For congregations who have chosen auto-enrollment for their staff, see xxxxx://xxx.xxx.xxx/finance/compensation/retirement/auto-enrollment.

Retirement Contribution. The Congregation will make contributions to a qualified church retirement plan. All eligibility and participation requirements will be adhered to, as determined by the Plan Sponsor and pursuant to the applicable plan documents and federal law. Contributions will be submitted by the applicable federally-regulated due date for each contribution type. The recommended employer contribution for staff meeting eligibility requirements is 10% of salary (and housing for ministers). UUA Compensation Standards can be found at: xxxxx://xxx.xxx.xxx/leadership/library/uua-compensation-standards. While 10% is the UUA recommendation, the congregation is required to contribute in accordance with any commitments they have made to their Plan Sponsor (UUA or other). See 3.2.2.1. 3.2.2.1 For congregations in the UU Organizations Retirement Plan: Consistent with the legal commitments outlined in our congregation's Employer Participation Agreement on file with the UUA Office of Church Staff Finances, the Congregation will make a _____% Employer Contribution. [And, if applicable, a _____% matching contribution and/or __ ____% auto-enroll.] The Congregation will define compensation in accordance with the exclusions we have designated in item 4 of that Agreement. If at any time an inconsistency is found between this Agreement and the congregation's Employer Participation Agreement, the staff or lay leader responsible for Retirement Plan administration will immediately contact the UUA Retirement Plan Director, XxxxxxxxxxXxxx@xxx.xxx, for assistance in coming to a resolution. Along with all other employees, the Minister can authorize elective contributions through salary deferral at any time. The UU Organizations Retirement Plan is an IRS-qualified 401(a)/(k) defined contribution church plan and is federally regulated. All employees who satisfy the Plan’s Year of Eligibility Service provision (See 2.42 in the UUA Plan document) must be enrolled in the UUA Retirement Plan and all must receive the same percentage employer retirement contribution, as specified in the congregation's Employer Participation Agreement. Ministers meet the Year of Eligibility Service provision through completion of the UUA's ministerial credentialing process. Information about Elective and Employers' Contributions, including rules for matching contributions, can be found at: xxxxx://xxx.xxx.xxx/finance/compensation/retirement/contributions. For congregations who have chosen auto-enrollment for their staff, see xxxxx://xxx.xxx.xxx/finance/compensation/retirement/auto-enrollment.

Retirement Contribution. The Congregation will make contributions to a qualified church retirement plan. All eligibility and participation requirements will be adhered to, as determined by the Plan Sponsor and pursuant to the applicable plan documents and federal law. Contributions will be submitted by the applicable federally-regulated due date for each contribution type. 3.2.2.1 For congregations in the UU Organizations Retirement Plan: Consistent with the legal commitments outlined in our congregation's Employer Participation Agreement on file with the UUA Office of Church Staff Finances, the Congregation will make a % Employer Contribution. [And, if applicable, a % matching contribution and/or __ % auto-enroll.] The Congregation will define compensation in accordance with the exclusions we have designated in item 4 of that Agreement. If at any time an inconsistency is found between this Agreement and the congregation's Employer Participation Agreement, the staff or lay leader responsible for Retirement Plan administration will immediately contact the UUA Retirement Plan Director, XxxxxxxxxxXxxx@xxx.xxx, for assistance in coming to a resolution. Along with all other employees, the Minister can authorize elective contributions through salary deferral at any time. The UU Organizations Retirement Plan is an IRS-a qualified 401(a)/(k) defined contribution church plan and is federally regulated. All employees who satisfy the Plan’s Year of Eligibility Service provision (See 2.42 in the UUA Plan document) must be enrolled in the UUA Retirement Plan and all must receive the same percentage employer retirement contribution, as specified . Congregations that have elected to also offer employer’s Matching Contributions provide them only to those employees who a) are eligible for employer’s Retirement contributions and b) make their own voluntary pre-tax salary- reduction elective contributions. The Congregation cannot offer to the Minister a higher percent employer contribution than they do to other staff members. In agreeing to participate in the congregation's Employer Participation Agreement. Ministers meet UUA Retirement Plan, Congregations agree to abide the Year of Eligibility Service provision through completion rules of the UUA's ministerial credentialing processPlan and, if necessary, to update the personnel policies of the Congregation to match those governing the UUA Plan. Information about Elective The UUA Retirement Plan requires a minimum employer contribution of 5 percent to all eligible employees, and Employers' Contributions, including rules for matching contributions, the UUA Compensation Guidelines urge Congregations to make an employer contribution of 10 percent or more. UUA Compensation Guidelines can be found at: xxxxx://xxx.xxx.xxx/finance/compensation/retirement/contributionsxxx.xxx.xxx/xxxxxxxxxxxx. For As of December 2017, 84% of participating congregations provide an employer contribution of 10% or more. church retirement plan). Consistent with the Church’s Employer Participation Agreement on file with the Office of Church Staff Finances, the Church commits to providing a base contribution of 10%. This commitment applies to all employees who have chosen automet the governing Plan’s Year of Eligibility Service provision. All contributions will be submitted by the applicable federally-enrollment regulated due date for their staffeach contribution type. All eligibility and participation requirements, see xxxxx://xxx.xxx.xxx/finance/compensation/retirement/auto-enrollmentbenefits and other conditions will be determined by the Plan Sponsor pursuant to the applicable plan document and federal law. (Note: The UUA recommended employer contribution for all staff meeting the requirements of the UUA Plan is 10 percent of salary (and housing for ministers).)

Retirement Contribution. The Congregation will make contributions to a qualified church retirement plan. All eligibility and participation requirements will be adhered to, as determined by the Plan Sponsor and pursuant to the applicable plan documents and federal law. Contributions will be submitted by the applicable federally-regulated due date for each contribution type. 3.2.2.1 For congregations in the UU Organizations Retirement Plan: Consistent with the legal commitments outlined in our congregation's Employer Participation Agreement on file with the UUA Office of Church Staff Finances, the Congregation will make a _% Employer Contribution. [And, if applicable, a _ _% matching contribution and/or __ % auto-enroll.] The Congregation will define compensation in accordance with the exclusions we have designated in item 4 of that Agreement. If at any time an inconsistency is found between this Agreement and the congregation's Employer Participation Agreement, the staff or lay leader responsible for Retirement Plan administration will immediately contact the UUA Retirement Plan Director, XxxxxxxxxxXxxx@xxx.xxx, for assistance in coming to a resolution. Along with all other employees, the Minister can authorize elective contributions through salary deferral at any time. The UU Organizations Retirement Plan is an IRS-qualified 401(a)/(k) defined contribution church plan and is federally regulated. All employees who satisfy the Plan’s Year of Eligibility Service provision (See 2.42 in the UUA Plan document) must be enrolled in the UUA Retirement Plan and all must receive the same percentage employer retirement contribution, as specified in the congregation's Employer Participation Agreement. Ministers meet the Year of Eligibility Service provision through completion of the UUA's ministerial credentialing process. Information about Elective and Employers' Contributions, including rules for matching contributions, can be found at: xxxxx://xxx.xxx.xxx/finance/compensation/retirement/contributions. For congregations who have chosen auto-enrollment for their staff, see xxxxx://xxx.xxx.xxx/finance/compensation/retirement/auto-enrollment.