Contribution accounts definition

Contribution accounts means accounts holding employee contributions other than those to the annuity savings account.

Contribution accounts means accounts holding employee contributions other than those to the annuitysavings account.

Contribution accounts. , of credit unions, means the parts of the Contingency Fund that, under section 98(10) of the Financial Institutions Code, are treated as a deferred asset in the accounts of the credit unions;

Examples of Contribution accounts in a sentence

• Forfeitures of Excess Aggregate Contributions resulting from failure of the ADP Test and the inability to distribute corresponding Matching Contributions will be allocated to the Matching Contribution accounts of Non-Highly Compensated Employees instead of being used to reduce Employer Contributions for the Plan Year in which the failure occurred.

• Participants and Beneficiaries who are parties in interest under section 3(14) of ERISA shall have the right to borrow from their Elective Deferral Contribution accounts, Employer Matching Contributions accounts, and Employer Profit Sharing Contributions accounts on a reasonably equivalent basis and subject to prior approval by the Administrator.

• Military retirement and Medicare-Eligible Retiree Health Fund Contribution accounts are examples of DoD-specific mandatory programs.

• If the value of the Participant’s vested interest in his or her Company Contribution accounts upon terminating employment is zero dollars ($0), such Participant shall be deemed to have received an immediate distribution of such interest.

• A participant's Profit-Sharing account vests at the rate of 20% per year of service (except in the case of certain Employers, whose employees' Profit-Sharing Contribution accounts are immediately vested).

More Definitions of Contribution accounts

Contribution accounts. , of credit unions, means the parts of

Contribution accounts means accounts holding employee contributions other than those to the

Contribution accounts means, in relation to a Member, any one or more (as the context requires) of the Member's Compulsory Employer Contribution Account (if any), the Member's Compulsory Member Contribution Account (if any) and the Member's Voluntary Contribution Account (if any) kept in relation to the Member pursuant to clause 7.1.

Contribution accounts means Elected Official Contribution Account and Employer Contribution Account.

Contribution accounts means the Employee Contribution Account, the Additional Voluntary Contribution Account and the Employer Contribution Account.

Contribution accounts. , of credit unions, means the parts of the Credit Unions Contingency Fund that, under section 98(10)20 of the Financial

Contribution accounts has the meaning given to it in the Intercreditor Agreement;