QVEC definition

QVEC means Quinebaug Valley Emergency Communication, which is the regional 911 center.
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Examples of QVEC in a sentence

  • Contributions made prior to that date, if any, will be maintained in a separate QVEC Account with respect to each affected Participant which will be nonforfeitable at all times.

  • A QVEC Account shall be established for each Participant to contain amounts attributable to QVECs, if any, plus earnings or losses thereon.

  • Subject to the Article VI Qualified Joint and Survivor Annuity requirements (if applicable), the Participant may withdraw any part of his or her QVEC Account at any time by making a written application to the Plan Administrator.

  • No part of the QVEC Account may be used to purchase life insurance or is available for a loan under the Plan.

  • Each Participant’s QVEC Account, if any, shall share in the gains and losses under the Plan in the same manner as any other Account under the Plan.

  • Hardship distributions are: [X] (1) permitted and shall be made from the vested portion of a Participant's Accounts (other than his or her Qualified Nonelective Contributions Account, Qualified Matching Contributions Account, QVEC Account, earnings accrued after December 31, 1988 on the Participant's Pre-Tax Contributions, or Safe Harbor Contributions under Section 3.16) as provided in Section 5.9.1. [ ] (2) not permitted.

  • A Participant shall at all times have a nonforfeitable interest in the Participant’s Pre-Tax Elective Deferral Account, ▇▇▇▇ Elective Deferral Account, After-Tax Account, Rollover Account, Qualified Matching Account, Qualified Nonelective Account and QVEC Account.

  • The Employer shall indicate in the Adoption Agreement whether the Trustee, the Participant (or Beneficiary, if applicable) and/or an Investment Manager shall have the power to direct investment of Employer, Matching, Elective Deferral, Participant, Rollover, Transfer and/or QVEC Accounts and/or of any other account (e.g., Qualified Matching Contribution account and Qualified Nonelective Contribution account) under the Plan.

  • Loans are available only from the following sources: - Qualified Voluntary Employee Contributions (QVEC Contributions) may not be taken in a loan.

  • A Participant shall at all times have a vested percentage of 100% in the Account Balance in his or her Pre-Tax Contributions Account, ▇▇▇▇ Contributions Account, Qualified Nonelective Contributions Account, Employee After-Tax Contributions Account, Qualified Matching Contributions Account, Rollover Contributions Account, Safe Harbor Matching Contribution Account , Safe Harbor Nonelective Account and QVEC Account.