LW EMPLOYEE HANDBOOK DRAFT
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Retirement<br />
Contributions are made as follows:<br />
For full-time salaried pastoral staff a percentage of our Extension Tithe and Missions giving is given back<br />
to the local church as the corporation’s contribution to our 403b Retirement Plan.<br />
The second part of the plan would include those in section one above along with non-pastoral staff<br />
persons who work a minimum of 30 hours a week and have completed 6 months of service. The<br />
percentage Living Waters will contribute under this second section of the retirement plan each month<br />
to qualified persons is:<br />
6 months through year 4: 4%<br />
Year 5 through year 9: 5%<br />
Year 10 to retirement: 6%<br />
26 LIVING<br />
WATERS<br />
<strong>EMPLOYEE</strong> <strong>HANDBOOK</strong>
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