Retirement Contributions definition

Retirement Contributions means the amounts deducted from the Compensation of a Member at the rate or rates as required by Section 6 and Section 42 and in the manner provided for by the Board of Directors of the District from time to time. Except as provided below, the rate or rates of contribution of each Member who entered the Retirement System on and before December 31, 1979, shall be those percentages of Compensation fixed by the tables adopted by the Board of Directors, according to age at the nearest birthday at the time of entry into the Retirement System. Effective January 1, 1990, the rate of contributions for Members who entered the Retirement System on and before December 31, 1979 shall be a level percentage of Compensation as provided in Section 6(b). The rate of contributions for Members entering the Retirement System on and after January 1, 1980, and those Members making the election provided in Section 15(g) or in Section 15(h), shall be a level percentage of Compensation as provided in Section 6(d). The rate of contributions for Directors entering the Retirement System on or after January 1, 1987, shall be a level percentage of Compensation as provided in Section 6(d).

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Retirement Contributions means those contributions made by the applicable Participating Employer on behalf of certain eligible Employees under Section 3.4(e) of the Plan, which are allocated to the Retirement Contribution Accounts of such eligible Employees in accordance with the formula contained in Section 5.7 of the Plan.

Retirement Contributions means those certain Employer Retirement Contributions described in Article III, Contributions and Vesting, of the 401(k) Plan, as such definition may be amended from time to time.

Examples of Retirement Contributions in a sentence

• Prudential may change this contract as, in its discretion, it deems appropriate to satisfy the requirements of any law or regulation administered by a governmental agency regulating Qualified Retirement Contributions funding arrangements.

• Retirement Contributions may not be made as part of a Severance Agreement according to Federal Regulations except for previously earned amounts.

• For purposes of this subsection 10(b)(vii), the additional contributions under the Nonqualified Deferred Compensation Plan (Supplemental Matching Contributions, Supplemental Retirement Contributions, and Supplemental Target Contributions) shall be determined without regard to any offsets from the Retirement Savings Plan.

• The Auditor-Controller/Treasurer/Tax Collector has implemented the pickup of such Retirement Contributions under Internal Revenue Code Section 414 (h)(2).

• The death benefit shall be the amount of an employee’s Accumulated Retirement Contributions and the amount of insurance payable under the Group Term Life Insurance Policy.

More Definitions of Retirement Contributions

Retirement Contributions means the retirement contributions made

Retirement Contributions means a contribution made pursuant to Section 5.2.

Retirement Contributions means the contributions made by the Employer as described in Section 4.2(b).

Retirement Contributions means those contributions made by the Employer pursuant to Section 3.9.

Retirement Contributions. Donated leave is treated in the same manner as any paid status in that the District contributes for both employees. Catastrophic leave time may not be used to extend a date of retirement.

Retirement Contributions. Donated leave is treated in the same manner as any paid status in that the District contributes for both employees. Catastrophic leave time may not be used to extend a date of retirement. • CSEA and District will be represented • Committee will be made up of 3 CSEA members and 2 District members, one being the Director of Human Resources or HR designee. • Quorum of the committee is defined as 3 voting members, one of which is a District representative. • A Payroll representative will serve as a resource to the committee as needed. • Frequency of meeting:

Retirement Contributions means all amounts contributed pursuant to Section 3.5.