Pension Contribution definition
Examples of Pension Contribution in a sentence
The Employer will make its Money Purchase Pension Contribution as the Employer elects in its Adoption Agreement.
The Highest Allocation Rate means the greatest allocation rate of any HCE Participant and is equal to the Participant's total Employer Contribution or Nonelective Contribution allocation (including any QNECs, Safe Harbor Nonelective Contributions and forfeitures allocated as a Nonelective Contribution or forfeitures allocated as a Money Purchase Pension Contribution) divided by his/her Compensation, as described in this Section 4.07(E).
Travel Cards must fill out and submit a Pension Contribution Transfer Form to have contributions sent to their home local Pension Trust.
If the Employer's Plan is a Money Purchase Pension Plan and the Employer also maintains a defined benefit pension plan, notwithstanding the Money Purchase Pension Contribution formula in the Employer's Adoption Agreement, the Employer's required contribution to its Money Purchase Pension Plan for a Plan Year is limited to the amount which the Employer may deduct under Code §404(a)(7).
Commencing with May 1, 2000, the Company agrees to make payments to the I.A.M. Labour-Management Pension Fund (Canada) for each employee with more than six (6) months of service performing work in a job classification covered by this Collective Agreement the amount outlined in the Pension Contribution Schedule.