Accumulated balance definition

Accumulated balance means the total balance in a qualified participant's, former qualified participant's, or refund beneficiary's individual account in Tier 2.
Accumulated balance means the total of Member’s Employee Contribution Account as referenced in Section 4.01.
Accumulated balance means the total balance in a qualified participant’s, former qualified participant’s, or refund beneficiary’s individual account in Tier 2.

Examples of Accumulated balance in a sentence

  • Accumulated balance of vacation leave and accumulated compensatory time, if applicable, to be received in the second pay following their separation.


More Definitions of Accumulated balance

Accumulated balance means the total of the accumulations of exempted contributions and exempted interest contained in the balance to the credit of the employee at the time of withdrawals;
Accumulated balance means the total balance in a qualified

Related to Accumulated balance

  • Fund balance is the value of the Accumulation Fund, determined pursuant to Section 1.4.