Examples of FIRF in a sentence
FIRF does not segregate the assets, liabilities, or costs by participating employer.
These supplemental benefit plans provide benefits for some of their participants that normally would be paid under the FIRF or Mooresville pension plans but are precluded from being paid by limitations under the Internal Revenue Code.
First Indiana is a participant in a pension fund known as the Financial Institutions Retirement Fund ("FIRF").
This FIRF Supplement will be determined using his High-3 Average Salary as of March 15, 2005, and is estimated to be approximately Sixty Thousand Dollars ($60,000.00).
FIRF provides benefits based on basic compensation and years of service for employees age 21 and over after one year of service.
Employee participants were given the election to either choose continued participation with the FIRF or to transfer the accrued benefit into the Bank's 401(k) plans.
Xx. Xxxx shall not be entitled to make contributions to the Seattle Bank 401(k) Plan from the Separation Pay or the FIRF Supplement.
Union's contributions were determined by FIRF and generally represented the normal cost of the Fund.
Pension Plan - Substantially all full-time employees are covered by a defined benefit pension plan administered by the Financial Institutions Retirement Fund (FIRF), a multi-employer, industry sponsored plan.
Subject to confirmation of the exact amount of the FIRF Supplement by FHLB’s benefits consultant, Pentegra, which shall be completed no later than March 15, 2005, and provided to Xx. Xxxx for his review, the FIRF Supplement shall be payable to Xx. Xxxx in a lump sum from the general assets of the Seattle Bank on March 15, 2005, less any required deductions or withholding.