Contract403(b) Tax-Deferred Retirement Plan Salary Reduction Agreement • November 26th, 2019
Contract Type FiledNovember 26th, 2019The Hotchkiss School Retirement Plan is a mandatory 403(b) plan to which eligible employees who have completed two years of service and attained age 21 must make mandatory pre-tax contributions in the amount of 5% of base salary. Hotchkiss, in turn, makes a matching contribution of 10% of base salary.