Retirement Contribution definition
Examples of Retirement Contribution in a sentence
Each Retirement Contribution shall be allocated to Executive’s retirement account under the SERP, shall be fully vested on the date that such Retirement Contribution is made and shall otherwise be subject to the terms and conditions of the SERP.
Employee Retirement Contribution As stated in Government Code Section 20683.2, effective July 1, 2013, Second Tier members, including ARP members, shall contribute one and one-half percent (1.5%) of monthly pensionable compensation for retirement, and will increase by 1.5% points annually.
SECTION 1: Teacher Retirement Contribution The Board will pay the maximum contribution to the Oklahoma Teacher Retirement System for each teacher.
Employees hired or rehired on or after March 1, 2013, will be eligible for an additional Special Company Retirement Contribution in addition to a Company matching contribution described below (which Company matching contribution is inclusive of the Company matching contribution described in Section 15.6(e)).
The Executive must be employed on the applicable date of contribution to receive a Retirement Contribution.