What are Matching Contributions?

Employers' Matching Contributions, if any

  • Some Employers have committed to make Employer's Matching contributions up to a specified percentage (1-6%) of pay that the employee electively defers, pre-tax, from their salary.
  • Only employees who are eligible for Employer's Retirement contributions can receive Employer's Matching contributions.
  • The maximum permitted Employer's Matching contribution percentage is six percent (6%).
  • Reference your specific Employer Participation Agreement to view the Employer's Matching Contribution percentage, if any.