Common use of Tax Deferred Annuities & Deferred Compensation Plans Clause in Contracts

Tax Deferred Annuities & Deferred Compensation Plans. Unit members will be eligible to participate in the currently available tax advantaged salary deferral plans (403b and 457) plans. The forms for the necessary reduction of annual salaries shall be available online and at the Employee and Retiree Service Center (ERSC). The parties agree to continue to work through the advisory committee to establish an oversight structure for the defined contribution plans, to include representatives of the employee organizations as is currently done with the Retirement and Pension System Board of Investment Trustees.

Appears in 5 contracts

Samples: Contract, Contract, Contract

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Tax Deferred Annuities & Deferred Compensation Plans. Unit members will be eligible to participate in the currently available tax advantaged salary deferral plans (403b and 457) plans. The forms for the necessary reduction of annual salaries shall be made available online and at the Employee and Retiree Service Center (ERSC). The parties agree to continue to work through the advisory committee to establish an oversight structure struc- ture for the defined contribution plans, to include representatives of the employee organizations as is currently done with the Retirement and Pension System Board of Investment Trustees.

Appears in 4 contracts

Samples: Agreement, www.montgomeryschoolsmd.org, Agreement

Tax Deferred Annuities & Deferred Compensation Plans. Unit members will be eligible to participate in the currently available tax advantaged salary deferral plans (403b and 457) plans. The forms for the necessary reduction of annual salaries shall be available online and at the Employee and Retiree Service Center (ERSC). The parties agree to continue to work through the advisory committee to establish an oversight structure for the defined contribution plans, to include representatives of the employee organizations as is currently done with the Retirement and Pension System Board of Investment Trustees.

Appears in 2 contracts

Samples: Contract, Contract

Tax Deferred Annuities & Deferred Compensation Plans. Unit members will be eligible to participate in the currently available tax advantaged salary deferral plans (403b and 457) plans. The forms for the necessary reduction of annual salaries shall be made available online and at the Employee and Retiree Service Center (ERSC). 2020–2023 ✦ MCAAP/MCBOA Agreement ✦ 35 The parties agree to continue to work through the advisory committee to establish an oversight structure struc- ture for the defined contribution plans, to include representatives of the employee organizations as is currently done with the Retirement and Pension System Board of Investment Trustees.

Appears in 1 contract

Samples: Agreement

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Tax Deferred Annuities & Deferred Compensation Plans. Unit members will be eligible to participate in the currently available tax advantaged salary deferral plans (403b and 457) plans. The forms for the necessary reduction of annual salaries shall be available online and at the Employee and Retiree Service Center (ERSC). The In order to improve the current defined contribution retirement savings plans for the benefit of current and future participants, the parties agree that the plans will be put out for bid during 2015 for changes to continue to work through the advisory committee to establish an oversight structure for the defined contribution plans, to include representatives be effective 1/1/16. The goals of the employee organizations as is currently done with the Retirement and Pension System Board of Investment Trustees.bidding process will include:

Appears in 1 contract

Samples: Agreement

Tax Deferred Annuities & Deferred Compensation Plans. Unit members will be eligible to participate in the currently available tax advantaged salary deferral plans (403b 403(b) and 457457(b) plans. The forms for the necessary reduction of annual salaries shall be available online and at the Employee and Retiree Service Center (ERSC). The parties agree to continue to work through the advisory committee to establish an oversight structure for the defined contribution plans, to include representatives of the employee organizations as is currently done with the Retirement and Pension System Board of Investment Trustees.

Appears in 1 contract

Samples: Agreement

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