●SLV Health will make a contribution equal to 3% of the employee’s gross pay for each pay period.
● Eligible employees electively deferring into the 403(b) plan will receive a matching contribution equal to 100% of the first 2% of compensation deferred by the employee
457b Top Hat Plan:
● Provides opportunity to defer compensation in excess of qualified retirement plan limits on a pre-tax basis. Earnings accumulate tax-deferred. Ability to tailor benefit distribution options to meet personal needs. Vacaction Paid time off (“PTO”) is available to physician employees to use for vacation, sick days, personal time, holidays, CME, and any other reason for which they require time away from work. Physician employees will receive PTO in accordance with the number of years worked, as listed below:
Less than 5 years: 264 hours of paid time off per calendar year
5 years or more: 288 hours of paid time off per calendar year Continuing Medical Education Annual CME allowance available Other Loan repayment available up to $100,000, residency stipends available, moving allowance available