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.
