Pension system definition

Pension system means the fund and any

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Pension system means the fund and any plans created pursuant to this article or Article 6243a and that are intended to be qualified under Section 401(a) of the code.

Pension system means the police pension system of said cities;

Examples of Pension system in a sentence

There cannot be any time break between the last day of employment with the ▇▇▇▇▇▇▇ County Board of Education and the commencement of receiving retirement benefits from the State of Maryland Retirement and Pension system.
Individuals must be eligible for retirement under the Maryland State Pension system and the Maryland State Retirement System.
During the term of this MOU, Management agrees to maintain a Dependent Care Reimbursement Account (DCRA), qualified under Section 129 of the Internal Revenue Code for active employees who are members of the Fire and Police Pension system, provided that sufficient enrollment of City employees is maintained to continue to make the account available.
There cannot be any time break between the last day of employment with the Garrett County Board of Education and the commencement of receiving retirement benefits from the State of Maryland Retirement and Pension system.
During the term of this MOU, Management agrees to maintain a Dependent Care Reimbursement Account (DCRA), qualified under Section 129 of the Internal Revenue Code, for active employees who are members of the Fire and Police Pension system, provided that sufficient enrollment of City employees is maintained to continue to make the account available.

More Definitions of Pension system

Pension system means any plan, fund or program which is maintained by a labor organization, or by a labor organization and an employer, to the extent that by its express terms or as a result of surrounding circumstances such plan, fund or program provides retirement income to employees or results in a deferral of income by employees for periods extending to the termination of covered employment or beyond, regardless of the method of calculating the contributions made to the plan, the method of calculating the benefits under the plan or the method of distributing benefits from the plan.

Pension system means the Texas Emergency Services Retirement System.

Pension system means the Montgomery County Public Schools Employees' Pension System.

Pension system means the plan(s) created pursuant to Article 6243a-1, or its successor, and intended to be qualified under Section 401(a) of the IRC., and the related fund, which is intended to be exempt from Federal income taxes under Subsection 501(a) of the IRC.

Pension system means the retirement, disability, and survivor benefit plans for municipal employees of a city under this Act and employees under Section 3(d) of this Act.

Pension system means the Employees’ Pension System or the Teachers’ Pension System.

Pension system means the retirement, allowance, disability and pension system for employees of any Police Department coming within the provisions of this Act.