DC Member definition

DC Member means a Member who is not a DB Member and who joins the Plan in accordance with Section 3.03.
DC Member means a Member who has elected to participate in or, by operation of the Plan, must participate in the Defined Contribution Option in accordance with Paragraph 2.7.
DC Member means a Member who is participating under the DC Provisions.

Examples of DC Member in a sentence

  • Fees related to specific transaction initiated by a DC Member, including penalty fees, shall be deducted from his DC Account in accordance with the terms of the Funding Agreement(s).

  • The Company reserves the right to change the investment options available to a DC Member at any time.

  • Should a DC or DC Member consider our Office better placed to process a public complaint, they should advise the complainant to address us direct rather than referring cases to us.

  • In such case, the Bonds will be redeemed at their principal amount together with any accrued interest up to the effective date of redemption.

  • The Fund shall contain one DB Account and a DC Account for each DC Member as specified in Article 4 of Part 2.


More Definitions of DC Member

DC Member means a Member who has elected to accrue DC Pension Benefits under this Appendix B or who has ceased accruing DC Pension Benefits but still maintains his Accounts hereunder.
DC Member means a Member who is not a DB Member and who joins the Plan in accordance with Sections 3.01 and 3.02.
DC Member means a Member who participates in the DC Provisions in accordance with Section 3.05.
DC Member means a Member who is participating in this Part 3.
DC Member means a Member who is entitled to benefits calculated in accordance with the DC Provisions of the Plan;
DC Member means a Member who accrues defined contribution benefits under Appendix B of the Basic Plan or who has ceased accruing defined
DC Member means a Member who accrues or is entitled to benefits under the DC Component.