Common use of Tax Deferred Matching Contribution Plan Clause in Contracts

Tax Deferred Matching Contribution Plan. Section 1. The School District shall contribute an amount equal to the teacher's contribution in a tax-deferred matching contribution plan. The District's contribution will be based on the teacher's years of service in the District and shall not exceed the following amounts: Years of Active Service in the District: Employer Match 0 – Tenure 0 (No employer match.) Tenure - 5 $ 400 6 -10 $1,000 11 - 20 $1,200 21+ $1,500

Tax Deferred Matching Contribution Plan. Section 1. The School District school district shall contribute an amount equal to the teacher's contribution in a tax-deferred matching contribution plan. The Districtdistrict's contribution will be based on the teacher's years of service in the District district and shall not exceed the following amounts: Years of Active Service in the District: Employer Match 0 – Tenure 0 (No employer match.) Tenure - 5 $ 400 6 -10 $1,000 11 - 20 $1,200 21+ $1,500

Tax Deferred Matching Contribution Plan. Section 1. The School District shall contribute an amount equal to the teacher's contribution in a tax-deferred matching contribution plan. The District's contribution will be based on the teacher's years of service in the District and shall not exceed the following fiscal amounts: Years of Active Service in the District: Employer Match 0 – Tenure 0 (No employer match.) Tenure - 5 $ 400 6 -10 $1,000 11 - 20 $1,200 21+ $1,500

Tax Deferred Matching Contribution Plan. Section 1. The School District shall contribute an amount equal to the teacherEducator's contribution in a tax-deferred matching contribution plan. The District's contribution will be based on the teacherEducator's years of service in the District and shall not exceed the following fiscal amounts: Years of Active Service in the District: Employer Match 0 – Tenure 0 (No employer match.) $ 500 Tenure - 5 $ 400 700 6 -10 $1,000 1,400 11 - 20 $1,200 1,600 21+ $1,5001,800