Employee annuity definition

Employee annuity means annual payments for life derived from the accumulated contributions of a member.
Sample 1Sample 2Sample 3
Employee annuity means means annual payments for life derived from the accumulated contributions of a member.
Sample 1Sample 2Sample 3
Employee annuity means recurring payments to a retiree, not the account itself. In other words, a verb, not a noun.
Sample 1

Examples of Employee annuity in a sentence

  • Employee annuity, pension, profit−sharing or stock bonus plan distributions, including self−employed retirement plan distributions, and distributions from qualified deferred com- pensation plans under ss.

  • Employee annuity, pension, profit−sharing or stock bonus plan distributions, including self−employed retire- ment plan distributions, and distributions from qualified deferred compensation plans under ss.

  • The Board will determine the amount of a private pension for any month which is attrib- utable to the employee’s contributions.§ 216.43 Effect of a supplemental annu- ity on other benefits.(a) Employee annuity.

  • The signatory plans intend and agree that this Agreement shall constitute a reciprocal arrangement for the transfer of Employer Contributions and Employee annuity or profit sharing account balances between plans.

  • A hypothetical spouse annuity amount is included from the beginning date of the em- ployee annuity if the spouse is not en- titled to an annuity at the time the maximum calculation is made.(a) Employee annuity amounts.

  • Employee annuity means the recurring payments under CSRS or FERS made to a retiree, the recurring phased retirement annuity payments under CSRS or FERS made to a phased retiree in phased retirement status, and recurring composite retirement annuity payments under CSRS or FERS made to a phased retiree when he or she attains full retirement status.

  • The Former Spouse is assigned a pro rata share of any Employee annuity under the Federal Government retirement system (including cost-of-living adjustments and supplements), as described in 5 CFR section 838.621, which is 50% of the marital portion using a coverture fraction.

  • Employee annuity does not include payments of accrued and unpaid annuity after the death of a retiree under section 8342(g) or section 8424(h) of title 5, United States Code.ERISA means the Employees Retire- ment Income Security Act, 29 U.S.C. 1001 et seq.Federal Employees Retirement System or FERS means the retirement system for Federal employees described in chapter 84 of title 5, United States Code.

  • Employee annuity does not include payments of accrued and unpaidannuity after the death of a retiree or phased retiree under 5 U.S.C. 8342(g) or 8424(h).

  • Focus on clinical methods:interviewing style, approach and technique in history, and physical exam.Forces supervisor to develop skillsin style, approach and facilitation of student-patient interaction, while educator is actually in the room.

Related to Employee annuity

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Severance Period means the period of time commencing on the date of the first occurrence of a Change in Control and continuing until the earlier of (i) the second anniversary of the occurrence of the Change in Control and (ii) the Executive’s death.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.