DCRP definition
Examples of DCRP in a sentence
Adjunct faculty members who are categorized as 50% - 74% FTE are eligible to participate in the University's Defined Contribution Retirement Plan (DCRP).
Under the DCRP, the statute dictates the percentage contributions by both the employer and employee, ▇▇▇▇▇▇ can opt in to DCRP or opt out.
The implementation of the network of common interest is at the basis of the future sustainability of the DC-RP project.
Employees must join the Group Life Insurance Plan as determined by TPAF, PERS, or Defined Contribution Retirement Program (DCRP) regulations.
A Tier III member shall be enrolled in the DCRP on the employee's first date on the active payroll as a firefighter.
Payable as provided under the DCRP to supplement the retirement benefit already outlined in Section II.4(b) of this Agreement, an additional retirement benefit sufficient to deliver (in conjunction with the Section II.4(b) benefit) a total aggregate benefit as provided in the DCRP equal to 50% of the Executive’s base salary (2009 nominal salary rate of $1,040,000) as of the Retirement Date.
The full-time employee covered by this Agreement is required to enroll in the Public Employees' Retirement System or Teachers' Pension & Annuity Fund or DCRP, whichever is applicable.
Such Tier III Employee shall be enrolled in the Defined Contribution Retirement Plan (DCRP).
The Town shall be responsible for establishing and administering the DCRP and may retain vendors, carriers, firms or agents for this purpose.
Each enrolled member shall establish a DCRP retirement savings account.