Employee Contribution definition

Employee Contribution means any contribution made to the Plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained under a separate account to which earnings and losses are allocated.

Employee Contribution means any after-tax contribution made by an Active Participant to the Plan.

Employee Contribution means any voluntary non-deductible contribution made to the plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained in a separate Account to which earnings and losses are allocated.

Examples of Employee Contribution in a sentence

• In the event, there is no increase to the Premium Cost, the Employee will pay last year’s Employee Contribution.

• In calendar year 2020, Employees will pay towards the cost of the dependent care Premium Cost the 2019 Employee Contribution, plus thirty five percent (35%) of the increase to the new 2020 Premium Cost, which will yield a new 2020 Employee Contribution amount.

• In calendar year 2017, Employees will pay towards the cost of the dependent care Premium Cost the Employee Contribution amount as set forth below under the heading “2017 Employee Contribution”.

• In calendar year 2021, Employees will pay towards the cost of the dependent care Premium Cost the 2020 Employee Contribution, plus thirty five percent (35%) of the increase to the new 2021 Premium Cost, which will yield a new 2021 Employee Contribution amount.

• Minimum Employee Contribution City’s Match (Up To) March 27, 2016 4% 7% July 1, 2016 5% 8% July 1, 2017 6% 9% Each May, employees will have the opportunity to change their contribution to the 457 plan thus effecting the City’s matching contribution to the 401 Money Purchase Plan.

More Definitions of Employee Contribution

Employee Contribution means the contributions made to the Plan by Participants, as provided for in Section 6.2;

Employee Contribution means any contribution made to the Plan by or on behalf of a Participant that is included in the Participant’s gross income in the year in which the contribution is made (other than Xxxx Elective Deferrals) and that is maintained under a separate account to which earnings and losses are allocated. Employee Contributions include Voluntary Employee Contributions and Mandatory Employee Contributions.

Employee Contribution means the portion of the Plan costs paid by the Participant.

Employee Contribution means the amount deposited into the Employee’s Custodial Account pursuant to the Employee’s salary reduction agreement. Xxxx Contributions are not considered as Employee Contributions under this Agreement.

Employee Contribution means funds contributed by a Participant solely by way of payroll deduction for the purpose of purchased Shares pursuant to this Plan;

Employee Contribution means, with respect to a Participant for a month, the product of such Participant’s Contribution Amount and such Participant’s Eligible Pay.

Employee Contribution means those Contributions required from the Participant under Code § 9-20-50.