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Common use of Tiered formula Clause in Contracts

Tiered formula. The Employer will make matching contributions equal to a uniform percentage of each tier of each Participant's Salary Reduction Contributions, determined as follows:

Appears in 12 contracts

Sources: Adoption Agreement for Eligible Governmental 457 Plan, Adoption Agreement for Eligible Governmental 457 Plan, Adoption Agreement for Eligible Governmental 457 Plan

Related Clauses

  • REQUIRED FOR PART 2 JOC - PRICING OF Regular Hours Coefficient
  • Unusual Job Requirements of Short Duration
  • Maximum or Minimum Interest Rate
  • Table 2
  • Formula

Parent Clauses

  • EMPLOYER CONTRIBUTIONS, DEFERRAL CONTRIBUTIONS AND FORFEITURES
  • MATCHING CONTRIBUTIONS (3
  • CATCH-UP DEFERRALS
  • Participant’s Employer Only
  • Safe harbor nonelective contribution
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