Own contributions definition

Own contributions means the contributions, not exceeding the percentage of his or her pensionable remuneration specified in article 25(a), column B, made to the Fund by or on behalf of a participant in respect of contributory service under article 22, with interest, provided that, in respect of service in a member organization prior to its admission to membership in the Fund, which has been recognized as contributory, it shall mean:
Own contributions means the contributions, not exceeding the percentage of the participant's pensionable remuneration specified in Article 21(b), made to the Plan by or on behalf of a participant in respect of contributory service under Article 17, with interest.
Own contributions means the amounts paid or due by a member to the fund and the amount representing the contributions paid by a member under the provisions regulating any other pension fund or scheme, which is paid to the fund in respect of such member under the provisions of section fifteen, excluding interest;

Related to Own contributions

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.