Employee Contribution means any contribution made to the Plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained under a separate account to which earnings and losses are allocated.
Employee Contribution means any after-tax contribution made by an Active Participant to the Plan.
Employee Contribution means any voluntary non-deductible contribution made to the plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained in a separate Account to which earnings and losses are allocated.
Examples of Employee Contribution in a sentence
Annual contribution will be: 20% Employee Contribution (plan/coverage)Prescription co-pay will be: Plan/Coverage The Individual Agreement may be amended in writing only upon the mutual consent of the District and the retiree.
The initial will be to November Each year thereafter the report shall cover the twelve (12) month period ending November 30th and shall be submitted to the Signatory Union by not later than the following April Changes in Premiums and Employee Contribution It is understood that any change in respect of either the premium rate charged by the carrier or the basis of the employer-employeesharing thereof may only be made effective as of September 1st in any year.
More Definitions of Employee Contribution
Employee Contribution means the contributions made to the Plan by Participants, as provided for in Section 6.2;
Employee Contribution means the portion of the Plan costs paid by the Participant.
Employee Contribution means any contribution made to the Plan by or on behalf of a Participant that is included in the Participant’s gross income in the year in which the contribution is made (other than Xxxx Elective Deferrals) and that is maintained under a separate account to which earnings and losses are allocated. Employee Contributions include Voluntary Employee Contributions and Mandatory Employee Contributions.
Employee Contribution means a contribution payable under this Act for his or her benefit;
Employee Contribution means funds contributed by a Participant solely by way of payroll deduction for the purpose of purchased Shares pursuant to this Plan;
Employee Contribution means that portion of the total premium required by the subscriber to keep the insurance in force.
Employee Contribution means the amount deposited into the Employee’s Custodial Account pursuant to the Employee’s salary reduction agreement. Xxxx Contributions are not considered as Employee Contributions under this Agreement.