Defined contribution account definition
Defined contribution account means the account consisting of the member's contributions whether paid by the member or picked up by the employer, additional voluntary contributions, and earnings, minus fees.
Defined contribution account means those assets in the Fund held in respect of the aggregate of the Individual Accounts of all the DC Members.
Defined contribution account means the account maintained on the books of account of the Employer for each Participant pursuant to Section 5.1. Separate Defined Contribution Accounts shall be maintained for each Participant. The Defined Contribution Account shall be utilized solely as a device for measurement and determination of the amount to be paid to the Participant pursuant to this Plan. A Participant's Defined Contribution Account shall not constitute or be treated as a trust fund of any kind.
More Definitions of Defined contribution account
Defined contribution account means a defined contribution account as defined in the Pension Benefits Regulations;
Defined contribution account means the account maintained on the books of account of the Employer for each Participant pursuant to Section 5.1. Separate Defined Contribution Accounts shall be maintained for each Participant. The Defined Contribution Account shall be utilized solely as a device for measurement and
Defined contribution account means an account of a member or former member under a defined contribution plan or provision;
Defined contribution account of a member or former member means the portion of the member's or former member’s pension benefit under a pension plan that is attributable to the plan's defined contribution provision and has not been transferred or credited to the member's or former member’s variable benefits account;
Defined contribution account means the bookkeeping account established by the Company to which are credited Transitional Defined Contributions and Non-Transitional Defined Contributions, and notational earnings and losses thereon.
Defined contribution account means the account referred to in paragraph (a) of the definition of "defined contribution provision";
Defined contribution account means the account maintained under IC 5-10.2-2-2(a)(1), as described in IC 5-10.4-8- 2(2), and is also referred to as an "annuity savings account".