Employee Contribution definition

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.
View Source
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.
View Source
Employee Contribution means any after-tax contribution made by an Active Participant to the Plan.
View Source

Examples of Employee Contribution in a sentence

  • The Red Cross has determined that the Annual Red Cross Contribution ("ARCC") and the Points-Based Employee Contribution (“PBEC”) shall be eliminated effective July 1, 2015.

  • A tax-deductible Voluntary Employee Contribution which was permitted to be made for the tax years 1982 through 1986.

  • Effective January 1, 2006, employees shall contribute 6% of medical and dental insurance premiums, as described in 20.4.3. Coverage Type Total Monthly Premium Part-Time Employee Portion (N/A) Gross Employer Portion Negotiated Employee Contribution (6%) * Total Employee Payment Family $1000 $0 $1000 $60.00 $60.00 *Negotiated employee contribution is calculated by multiplying the employer contribution by 6% i.e. $1000 (employer contribution) x.06 (6%) = $60.00.

  • A Participant may elect to withdraw, in cash, up to one hundred percent of the amount then credited to his Employee Contribution Account.

  • The Mandatory Employee Contribution is a condition of employment.


More Definitions of Employee Contribution

Employee Contribution means the portion of the Plan costs paid by the Participant.
View Source
Employee Contribution means the contributions made to the Plan by Participants, as provided for in Section 6.2;
View Source
Employee Contribution means any contribution made by or on behalf of a Participant to the Fund under section 5.3(g) that is includable in the Participant's gross income for the year in which made.
View Source
Employee Contribution means, with respect to a Participant for a month, the product of such Participant’s Contribution Amount and such Participant’s Eligible Pay.
View Source
Employee Contribution means a contribution under section 18A or 20;
View Source
Employee Contribution means that portion of the total premium required by the subscriber to keep the insurance in force.
View Source
Employee Contribution means the amount deposited into the Employee’s Custodial Account pursuant to the Employee’s salary reduction agreement. ▇▇▇▇ Contributions are not considered as Employee Contributions under this Agreement.
View Source