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English to Polish translations [PRO] Bus/Financial
English term or phrase:match
Employees may elect to make a “basic” employee contribution to the Company Retirement Plan in an amount of up to 2% of earnings (defined as base earnings). The Company will match this contribution at a rate of 100% up to a maximum of 2%.
Explanation: Firma nie pokrywa wpłat pracownika, tylko dopłaca taką samą kwotę jaką wpłaca pracownik, czyli podwaja jego wpłatę. Zazwyczaj firma podwaja wpłaty pracownika do określonego limitu; w tym wypadku widzimy, że jest to 2%.
The term matching contribution refers to a matching dollar amount contributed by an employer to the retirement savings account of an employee who makes a similar contribution, usually to a 401(k) plan.
These are contributions made by a company in addition to (...) contributions made by the participating employee.