Washington 12/05/2016 @ 12:08PM 51,084 views. How Defense Secretary James 'Mad Dog' Mattis Will Remake The Pentagon. President-elect Donald J. Trumpâs disclosure that he will seek to name retired Marine Corps General James N. Mattis as the next Secretary of Defense portends big changes at the Pentagon.
This match is typically a 100% match up to 3% and then a 50% match from 3% to 5%. With this match, an employer would match dollar-for-dollar up to 3% of the employee's salary the 50 cents on the dollar for anything above 3% and below 5% of their total salary.
Matching Contributions: Each calendar year, the employer may make a dollar-for-dollar match of an employee's contribution up to a limit of 3% of compensation, or. 1  The employer may reduce the matching contribution limit to as low as 1% in no more than two years out of five continuous calendar years.