[quote=AN][quote=bearishgurl]Nurses today (even part-timers) at both Sharp Healthcare and ScrippsHealth can avail themselves of a funds-matching retirement plan (emp contributes 40% and org contributes 60%, I believe).[/quote] Wrong.[/quote]
Yes. As an incentive to participate in your Scripps Health 401(a) Retirement Savings Plan, Scripps Health will match your contributions based on your total years of accumulated service.
0-9 years = 3% match contribution based on a 3% employee contribution
10-14 years = 4% match contribution based on a 3% employee contribution
15-19 years = 5% match contribution based on a 3% employee contribution
20 years = 6% match contribution based on a 3% employee contribution
You must be employed by Scripps Health on the last day of the quarter to receive the quarterly match.
Does Scripps make an additional contribution to my account?
Yes. Scripps Health will contribute an amount equal to 1% of your eligible pay on an annual basis as long as you are employed by Scripps Health on December 31.
