Member Self-Contributions
Contributions by Plan members are not required. However, if employers make contributions for at least 350 hours and fewer than 4,000 hours (the “Year’s Maximum Hours”) on your behalf in a calendar year, you may make tax-deductible contributions to increase the total contributions for that calendar year to a maximum of $9,000. The amount of additional pension that is granted depends on your age when you make the contribution. Self-contributions for a year must be made no later than January 15 of the year following.
For more information, please refer to Member Self-Contributions in the Contributions section of the Pension Plan booklet or contact the Administrator.