Common use of Voluntary Deferred Compensation Clause in Contracts

Voluntary Deferred Compensation. Match Program: Beginning July 1, 2019, the County will match up to $1,040 annually each calendar year of an employee’s voluntary contributions to his or her 457(b) deferred compensation account by depositing the matching funds into the employee’s 401(a) tax deferred defined contribution account. The employees’ eligibility for the employer match is subject to the terms of Section 7 this Article.

Voluntary Deferred Compensation. Match Program: Beginning July 1, 2019, the County will match up to $1,040 annually each calendar year of an employee’s voluntary contributions to his or her 457(b) deferred compensation account by depositing the matching funds into the employee’s 401(a) tax deferred defined contribution account. The employees’ eligibility for the employer match is subject to the terms of Section 7 6 of this Article.