Sentences with phrase «optional defined contribution plan»

· Voluntary and Portable Defined Contribution Option: The new law includes an optional defined contribution plan for new non-union employees with salaries $ 75,000 and above.

Walker had asked for the study to focus on the possibility of shifting to an optional defined contribution plan or allowing employees to opt out of the system all together.

But his position has eyebrows now in the context of Gov. Andrew Cuomo's proposal to offer an optional defined contribution plan that follows the TIAA - CREF model as part of the Tier VI proposal that he inserted into the budget.

Gov. Andrew Cuomo had proposed an optional defined contribution plan in the Tier Six proposal, but it was altered to only narrowly included non-unionized workers after unions like CSEA and the Public Employees Federation decried the provision.

Not exact matches

Aldeman: The bill includes an optional defined contribution (DC) plan where individual employees can invest their own and their employer's contributions into a portable savings account.

It is a defined benefits plan with optional contributions made by the employee.

The defined contribution plans administered or authorized by VRS include the Commonwealth of Virginia 457 Deferred Compensation Plan, the Virginia Cash Match Plan, the defined contribution component of the Hybrid Retirement Plan, optional retirement plans for selected employees and a supplemental plan for certain school employPlan, the Virginia Cash Match Plan, the defined contribution component of the Hybrid Retirement Plan, optional retirement plans for selected employees and a supplemental plan for certain school employPlan, the defined contribution component of the Hybrid Retirement Plan, optional retirement plans for selected employees and a supplemental plan for certain school employPlan, optional retirement plans for selected employees and a supplemental plan for certain school employplan for certain school employees.