Common use of Tier 1 (Matching Annuity Clause in Contracts

Tier 1 (Matching Annuity. a. The School Corporation agrees to match employee contributions to 403(b) (TSA) programs up to a maximum of 1% of the employee’s base salary. Base salary does not include pay for summer school, ECA assignments or workshops. The School Corporation’s match will be made to a 401(a) retirement account on the employee’s behalf.

Tier 1 (Matching Annuity. a. The School Corporation agrees to match employee contributions to 403(b) (TSA) programs up to a maximum of 11.25% of the employee’s base salary. Base salary does not include pay for summer school, ECA assignments or workshops. The School Corporation’s match will be made to a 401(a) retirement account on the employee’s behalf.

Tier 1 (Matching Annuity. a. The School Corporation agrees to match employee contributions to 403(b) (TSA) programs up to a maximum of 12.00% of the employee’s base salarysalary on January 1, 2022. Base salary does not include pay for summer school, ECA assignments or workshops. The School Corporation’s match will be made to a 401(a) retirement account on the employee’s behalf.

Tier 1 (Matching Annuity. a. The School Corporation agrees to match employee contributions to 403(b) (TSA) programs up to a maximum of 1% of the employee’s base salary. Base salary does not include pay for summer school, ECA assignments or workshops. The School Corporation’s match will be made to a 401(a) retirement account on the employee’s behalf.

Tier 1 (Matching Annuity. a. The School Corporation agrees to match employee contributions to 403(b) (TSA) programs up to a maximum of 11.50% of the employee’s base salarysalary on January 1, 2020 and will increase up to a maximum amount of 1.75% on January 1, 2021. Base salary does not include pay for summer school, ECA assignments or workshops. The School Corporation’s match will be made to a 401(a) retirement account on the employee’s behalf.