Company Retirement Contribution definition

Company Retirement Contribution means a contribution made by an Employer pursuant to Section 4.04.
Company Retirement Contribution means the Company Retirement Contribution made under the CPSP.
Company Retirement Contribution means the periodic contribution made to a Participant’s account under the applicable Defined Contribution Plan whether or not the Participant defers any Compensation or otherwise contributes to the Plan determined by multiplying the percentage specified in the Defined Contribution Plan by the Participant’s Compensation.

Examples of Company Retirement Contribution in a sentence

  • Effective 1/1/19: 75% on the first 8%) Total Company Contribution (assumes employee contributes 8% of pay) Under age 40 3% 6% 9% Age 40–49 4% 6% 10% Age 50 and older 5% 6% 11% Employees subject to this Section 15.9 who, on the date of ratification of this Agreement, are on the active payroll or an approved leave of absence of 90 days or less, shall receive an additional Special Company Retirement Contribution during the period January 1, 2019 through December 31, 2021.

  • This additional limited-time Special Company Retirement Contribution shall be 3% (three percent) of the employee’s eligible pay each pay period, over and above the 3%/4%/5% age-based contributions provided under this Section 15.9. Employees will be 100% vested immediately in this Special Company Retirement Contribution.

  • Age at End of Year Special Company Retirement Contribution Maximum Company Match (thru 12/31/18: 100% on first 4%; 50% of next 4%.

  • Eligible pay, for the purpose of calculating the Special Company Retirement Contribution, is base pay, shift differential, Lump Sum Award payments (made pursuant to Article 11) and employee incentive pay earned on or after March 1, 2013.

  • Employees hired or rehired on or after March 1, 2013, will be eligible for an additional Special Company Retirement Contribution in addition to a Company matching contribution described below (which Company matching contribution is inclusive of the Company matching contribution described in Section 15.6(e)).

  • Automatic enrollment beginning January 1, 2016 for union employees who have not elected to participate and who are eligible for Company Retirement Contributions (CRCs) o Enrolled at 2% of pay as pre‐tax employee contributions o Advance notice with information about opting out will be provided to all affected employees • A one‐time $300 Additional Company Retirement Contribution (ACRC) will be paid in January 2016 to members’ account for employees who were hired after January 1, 2012.

  • STC (Said to Contain) and pallet count notations by a carrier on the bill of lading will subject the vendor to liability in the event of a shortage.

  • Employees hired or rehired on or after March 22, 2013, will be eligible for an additional Special Company Retirement Contribution in addition to a Company matching contribution described below (which Company matching contribution is inclusive of the Company matching contribution described in Section 15.6(e)).

  • Certain eligible salaried employees (whose first day of work is on or after January 1, 2011) and certain eligible production employees (whose first day of work is on or after January 1, 2012) also receive a Company Retirement Contribution generally equal to 3% of their earnings, irrespective of any employee contributions.

  • Does the Host arrange partners or substitutes?Only in an emergency.

Related to Company Retirement Contribution

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Retirement fund means the "Washington law enforcement

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Qualified Retirement means the Participant’s voluntary termination of Service after reaching age 65 and completing 10 years of service with the Company, its Subsidiaries or predecessors.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Disability retirement for plan 1 members, means the period

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • Retirement means Normal or Early Retirement.

  • Public employees retirement system means the retirement plan and program

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Matching Contribution means an Employer contribution made to this or any other Defined Contribution Plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Employee Elective Deferral, under a plan maintained by the Employer.

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Special Retirement means an Optionee’s termination of employment or service with the Employers and Affiliates on or after the later of (i) the Optionee’s attainment of age 62 and (ii) the Optionee’s Early Retirement Date or Normal Retirement Date, as such terms are defined in the Telephone and Data Systems, Inc. Pension Plan.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.