Accumulated deductions definition

Accumulated deductions means the sum of all the amounts, deducted from the compensation of a member or contributed by or in behalf of the member, including interest credited to January 1, 1956, standing to the credit of the member's individual account in the annuity savings fund.

Accumulated deductions means the total of the amounts deducted from the salary of a contributor and paid into the fund, and standing to the contributor's credit in the fund, and interest credited on those amounts at a rate established by the boardoffice.

Accumulated deductions means the total of the amounts deducted from the salary of

Examples of Accumulated deductions in a sentence

• Accumulated deductions for the purchase or restoration of service credit shall be refundable only upon termination of covered employment pursuant to section 3307.56 of the Revised Code, except that upon the request of the member, the cost of credit purchased by payroll deduction may be refunded for the reasons set forth in division (G) of rule 3307:1-3-02 of the Administrative Code.

• Accumulated deductions will be refunded, without interest, within 30 days upon written request.

• Tianjin Finance and Economics University, Tianjin, 300000 KEYWORDS: Institutions, Salary Management System ABSTRACT: According to the requirements of the national and provincial institutions reform, restructuring of public institutions into enterprises have been included in the agenda, its compensation management is increasingly becoming an important area of economic management scholars and academics concerned.

• Accumulated deductions are paid or transferred upon participant's withdrawal, death, or retirement.

• No relation above - Accumulated deductions paid to other beneficiary or estate.In addition, the employer-paid lump sum ordinary death benefit is paid.Optional Benefits: Various forms of payment of equivalent actuarial value are available to retirees.Special Benefits:VETERANSService Retirement:Eligible if member on January 2, 1955, attains age 60, completes 20 years of service.

More Definitions of Accumulated deductions

Accumulated deductions means the total amount deducted from

Accumulated deductions means those contributions as defined in N.J.S.18A:66-2 or in section 6 of P.L.1954, c.84 (C.43:15A-6).

Accumulated deductions means the total of pickup contributions and, the amounts deducted from the salary of a contributor and paid into the fund and standing to the credit of the members’ annuity reserve account, together with the regular interest thereon.

Accumulated deductions means the total of the amounts

Accumulated deductions means the] deductions." Either of

Accumulated deductions means the sum of all amounts, deducted from the compensation of a member or contributed by him or on his behalf, standing to the credit of his individual account in the annuity saving fund.

Accumulated deductions means the total amount contributed by a member through deductions from compensation or 2-93