Common use of UNMATCHED CONTRIBUTION Clause in Contracts

UNMATCHED CONTRIBUTION. (You may remit the unmatched contribution to either one or both retirement investment companies.) I elect to contribute $ of my base salary per pay period and to remit this amount to TIAA-Cref; and/or I elect to contribute $ of my base salary per pay period and to remit this amount to AIG. If you have a waiting period before receiving a matching contribution and you elect during that waiting period to contribute five or more percent of your base salary you will automatically begin receiving the employer matching contribution upon completion of your waiting period. You will, however, be required to complete a new carrier election form at such time.

Appears in 6 contracts

Samples: Williams University and School, Williams University and School, Williams University and School

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UNMATCHED CONTRIBUTION. (You may remit the unmatched contribution to either one or both retirement investment companies.) I elect to contribute $ of my base salary per pay period and to remit this amount to TIAA-Cref; and/or I elect to contribute $ of my base salary per pay period and to remit this amount to AIGVALIC. If you have a waiting period before receiving a matching contribution and you elect during that waiting period to contribute five or more percent of your base salary you will automatically begin receiving the employer matching contribution upon completion of your waiting period. You will, however, be required to complete a new carrier election form at such time.

Appears in 1 contract

Samples: Williams University Faculty

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UNMATCHED CONTRIBUTION. (You may remit the unmatched contribution to either one or both retirement investment companies.) I elect to contribute $ of my base salary per pay period and to remit this amount to TIAA-Cref; and/or I elect to contribute $ of my base salary per pay period and to remit this amount to AIGCorebridge. If you have a waiting period before receiving a matching contribution and you elect during that waiting period to contribute five or more percent of your base salary you will automatically begin receiving the employer matching contribution upon completion of your waiting period. You will, however, be required to complete a new carrier election form at such time.

Appears in 1 contract

Samples: Williams University and School

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