Membership and Contributions Sample Clauses

Membership and Contributions. Unit members may voluntarily become members of the bank by making a contribution of accrued sick leave under the following conditions:
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Membership and Contributions. 14.3.1 It will be compulsory for an employer to make the Old Mutual Superfund Easy Benefit Plan (OMSEBP) available to all employees in the Squid Fishing Industry and Related Fisheries of South Africa per clause 1.1.4. above.
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Membership and Contributions a. All teachers, who have contributed at least one (1) day to the Bank and conformed to membership requirements, shall be eligible for benefits. Effective September 1, 2008, the enrollment period will be defined as the first two (2) years of employment or two (2) years after the ratification of 2008-2010 agreement. After the first two (2) years of employment, enrollment in the Bank will not be permitted unless the teacher makes up days to the Bank. (See APPENDIX H.)
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Membership and Contributions. The Normal Pension Age is the age that you can retire from NHS employment and have your pension paid without reduction or enhancement. The actual age that applies to you will depend on which section of this Scheme you are in and your status. The differences for each type of member are described below. 1995 Section The 1995 Section’s Normal Pension Age is 60. If you work beyond age 60 your pension will be payable from when you eventually retire but will not be backdated.. If you have one NHS job you must retire from the job for at least 24 hours to qualify for your pension. If you have two or more concurrent pensionable jobs in the NHS you are only required to retire for at least 24 hours in one of them provided that the remaining jobs totals 16 hours a week or less. However, you must cease to be pensionable in all your other jobs. If you are retired prematurely due to redundancy or interest of efficiency of the service, you should read the additional information in the Premature retirement section of this guide on page 29. You may not rejoin this Scheme once you are in receipt of a pension (unless it is an ill health retirement pension and you are under age 50). 2015 Scheme If you are a member of both the 1995/2008 Scheme and the 2015 Scheme please read the factsheet for members of the 2015 Scheme who also have membership in the 1995/2008 Scheme to understand more about special class and mental health officers. This is available on our website at: xxx.xxxxxx.xxx.xx/xxxxxxxx 2008 Section The 2008 Section’s Normal Pension Age is 65. If you work beyond age 65 your pension will be payable from when you eventually retire and it will be increased because it is being paid later. More details about this are in the late retirement section of this guide on page 32. You must stop work in all your jobs for at least 24 hours to enable all of your retirement benefits to be paid. A 24 hour break is not required if you partially retire and utilise flexible retirement options. Maximum pensionable membership and age restrictions – 2008 Section Members can build up 45 years pensionable membership in total. If you reach 45 years pensionable membership and continue in NHS employment you can, if you wish, continue to pay contributions into the 2008 Section. To be eligible you must apply in writing giving notice of your intention to stay in pensionable employment beyond 45 years. NHS Pensions, on behalf of the Secretary of State, and your employing authority should receive that ...
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Membership and Contributions. The initial capital and assets contributed by each Member and such Member’s Percentage Interest are set forth in Exhibit A.
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Membership and Contributions 
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Related to Membership and Contributions

  • Return of Contributions The General Partner shall not be personally liable for, and shall have no obligation to contribute or loan any monies or property to the Partnership to enable it to effectuate, the return of the Capital Contributions of the Limited Partners or Unitholders, or any portion thereof, it being expressly understood that any such return shall be made solely from Partnership assets.

  • Rollover Contributions A rollover is a tax-free distribution of cash or other assets from one retirement program to another. There are two kinds of rollover contributions to an IRA. Xx one, you contribute amounts distributed to you from one IRA xx another IRA. Xxth the other, you contribute amounts distributed to you from your employer's qualified plan or 403(b) plan to an IRA. X rollover is an allowable IRA xxxtribution which is not subject to the limits on regular contributions discussed in Part D above. However, you may not deduct a rollover contribution to your IRA xx your tax return. If you receive a distribution from the qualified plan of your employer or former employer, the distribution must be an "eligible rollover distribution" in order for you to be able to roll all or part of the distribution over to your IRA. Xxe portion you contribute to your IRA xxxl not be taxable to you until you withdraw it from the IRA. Xxur employer or former employer will give you the opportunity to roll over the distribution directly from the plan to the IRA. Xx you elect, instead, to receive the distribution, you must deposit it into the IRA xxxhin 60 days after you receive it. An "eligible rollover distribution" is any distribution from a qualified plan that would be taxable other than (1) a distribution that is one of a series of periodic payments for an employee's life or over a period of 10 years or more, (2) a required distribution after you attain age 70 1/2 and (3) certain corrective distributions. If the entire amount in your IRA xxx been contributed in a tax-free rollover from your employer's or former employer's qualified plan or 403(b) plan, you may later roll over the IRA xx a new employer's plan if such plan permits rollovers. Your IRA xxxld then serve as a conduit for those assets. However, you may later roll those IRA xxxds into a new employer's plan only if you make no further contributions to that IRA, xx commingle the IRA xxxlover funds with existing IRA xxxets.

  • Other Contributions ST1.1 In this Agreement, Other Contributions means the financial or in-kind contributions other than the Grant set out in the following table: Contributor Nature of Contribution Amount (GST exclusive) Timing Grantee < insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <project end date> <name of third party providing the Other Contribution> <insert description of contribution, e.g., cash, access to equipment, secondment of personnel etc> $<insert amount> <insert date or Milestone to which the Other Contribution relates> Total $<total other contributions>

  • Investment of Contributions At the direction of the Designated Beneficiary (or the direction of the Depositor or the Responsible Individual, whichever applies) the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a custodial account investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Designated Beneficiary (or the Depositor or Responsible Individual), and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Designated Beneficiary.

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

  • Company Contributions (a) For employees hired, rehired or who become covered under the CWA 3176 Agreement through any means before January 1, 2016, the Company shall contribute a Company Matching Contribution equal to 25 percent of the Participant’s Contribution up to a maximum of 6 percent of eligible wage.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • The Contribution 4.1 The Minister will make a non-repayable Contribution to the Recipient in respect of the Project in an amount not exceeding the lesser of (a) and (b) as follows:

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

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