Employer Contribution Rate definition

Employer Contribution Rate means, for the period from January 1, 1995 through December 31, 1996, fifty percent (50%), and, for the period after January 1, 1997, zero percent (0%).

Employer Contribution Rate means the percentage of an Active Member’s pensionable salary, prescribed by the Pension Plan, used to determine periodic contribution obligations to the Fund by the Employers;

Employer Contribution Rate means an amount equal to the annual average of the aggregate employer contributions (excluding contributions deducted from the Participant’s compensation and treated as employer contributions) made on behalf of the Participant for the three (3) fiscal years of the Company immediately preceding the fiscal year of the Change in Control (or the portion of such three fiscal years during which the Participant was employed by the Company) to the Employee Stock Ownership Plan, profit sharing plan and any other retirement plan of the Company Group in effect immediately prior to the Change in Control.

Examples of Employer Contribution Rate in a sentence

• The "Employer Contribution Rate for Reduced Workload Program" is used to charge the employer for service credit granted to a member who participated in the Reduced Workload Program.

• Your CalPERS staff actuary, whose signature appears in the Actuarial Certification Section on page 1, is available to discuss the report with you after October 31, 2014.Future Contribution Rates The exhibit below displays the Minimum Employer Contribution Rate for fiscal year 2015-16 and a projected contribution rate for 2016-17, before any cost sharing.

• The "Employer Contribution Rate for Elected Officials" is used to charge the employer for service credit granted to a member for an approved leave of absence to serve as an elected official of an employee organization.

• This Employer Contribution Rate Formula shall continue upon the expiration of this Resolution.

• This Employer Contribution Rate Formula shall continue upon the expiration of this Memorandum of Understanding.

More Definitions of Employer Contribution Rate

Employer Contribution Rate means the Supplier's (or a Sub-contractor's) employer contribution rate from time to time specified in the rates and adjustment certificate applicable to the Supplier calculated under regulation 62 of the LGPS Regulations provided that no account shall be taken of such part of that employer contribution rate attributable to the Ill-Health Allowance

Employer Contribution Rate means the contribution rate calculated in accordance with direction 29;

Employer Contribution Rate or “ECR” shall mean the actuarially determined employer contribution rate for the applicable fiscal year payroll.

Employer Contribution Rate. ’ means the percentage of salary that determines the amount the employer contributes to the Cash Balance Benefit Program with respect to each employee who is a participant.

Employer Contribution Rate means the employer contribution rate set out in Clause 7.2.2 payable by the Admission Body to the Administering Authority for credit to the Fund, as revised from time to time in accordance with the Agreement.

Employer Contribution Rate means the percentage rate to be determined by the Board for a specific Plan Year in determining the amount of Matching Employer Contributions for such Plan Year, with respect to each separate Employer, under Article V.

Employer Contribution Rate means the rate determined under Section 10(c) of the Plan.