"Your employer will match up to 10% of your compensation that you elect as pre-tax contribution. When you contribute to your plan, your employer matches 50% of the first 10% of your pay."
I don't get what the above statement mean really. I kind of understood the first statement. For example, if I make $100,000 per year, my employer can match upto 10% i.e., $10,000. What does the 50% of the first 10% of your pay mean?