Deferred Agreement Sample With Contract In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00417BG
Format:
Word;
Rich Text
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Deferred compensation is an arrangement in which a portion of an employee's income is paid out at a date after which the income is actually earned. A Deferred Compensation Agreement is a contractual agreement in which an employee (or independent contractor) agrees to be paid in a future year for services rendered. Deferred compensation payments generally commence upon termination of employment (e.g., retirement) or death or disability before retirement. These agreements are often geared toward anticipated retirement in order to provide cash payments to the retiree and to defer taxation to a year when the recipient is in a lower bracket. Although the employer's contractual obligation to pay the deferred compensation is typically unsecured, the obligation still constitutes a contractual promise.
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Owner shall participate on a pro rata basis in the cost of the improvements to be installed. Agreement Between Contra Costa Community College District and the United Faculty 2022-2025.Deferred Compensation. This Addendum is intended for use in the unincorporated portions of Contra Costa County. The Contra Costa County Employees' Retirement Association ("CCCERA") invites organizations to submit proposals on providing IRC 457(b) Deferred.