Based on Retirement Employer Match
This table lists based on the employee retirement contribution calculations:
Table Method |
Lower/Upper Ranges Represent |
Calculation |
Method |
---|---|---|---|
R1 |
Employee contributions based on % of basis gross pay |
The amount/rate represents the employer matching % Each range up to the employee's total % contribution is used for the tiered calculation |
M |
R2 |
Employee contribution in dollars |
The amount/rate represents the employer matching % Each range up to the employee's total $ contribution is used for the tiered calculation |
M |
R3 |
Employee contributions based on % of basis gross pay |
The amount/rate represents the flat $ employer match Each range up to the employee's total % contribution is used for the tiered calculation |
M |
R4 |
Employee contribution in dollars |
The amount/rate represents the flat $ employer match Each range up to the employee's total $ contribution is used for the tiered calculation |
M |