District of Columbia Adoption of incentive compensation plan
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How to fill out Adoption Of Incentive Compensation Plan?
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Civil Service Retirement System AgeYears of ServiceType of Retirement625 or MoreVoluntaryAny Age5 or MoreDisability*5020Early Out*Any Age25Early Out2 more rows Civil Service Retirement System - | DCHR - DC.gov dc.gov ? page ? civil-service-retirement-system dc.gov ? page ? civil-service-retirement-system
Incentive awards are cash awards that are intended to motivate individuals or teams to produce results that have been pre-defined and communicated to the participants in advance in ance with an incentive award plan, and to reward them for achieving the stated performance objectives.
Plan, Benefits and Contact 401(a) Retirement Plan: After one year of creditable service, the District government will contribute an amount equal to 5 percent of annual base salary, 5.5 percent for Corrections Officers, to a pension account in the employee's name. DC Government Retirement Plans | ocfo dc.gov ? service ? dc-government-retirement-... dc.gov ? service ? dc-government-retirement-...
100 percent employer funded: 5 percent of the base salary (5.5 percent for Corrections Officers) beginning the first pay period after one year of service. Must have one year of continuous service to participate; fully vested in the Defined Contribution Pension Plan after five years of continuous service.