Voluntary Contribution definition

Voluntary Contribution means a contribution given freely, without pressure or coercion. A contribution is not voluntary unless it is made in an amount determined by the contributing employee, except that where an amount for a gift is included in the cost for a luncheon, reception or similar event, an employee who freely chooses to pay a proportionate share of the total cost in order to attend such event shall be deemed to have made a voluntary contribution.
Voluntary Contribution means a contribution paid to a registered scheme in accordance with this Act; and
Voluntary Contribution means a payment to the WMA GSA at the sole discretion of the payor that is neither a grant nor a direct Member payment made pursuant to Article 14.2(e).

Examples of Voluntary Contribution in a sentence

  • In order to ensure timely payment of AVCs into their AVC sub-accounts, Participants shall submit a completed Voluntary Contribution Form on or before the payroll cut-off date (normally the 15th of the month or the preceding working day if the 15th is not a working day).

  • Unless and until such Participant re-establishes eligibility to participate in the Plan, such Participant shall no longer be eligible to make or receive Contributions to the Plan (including by Payroll Deduction or Voluntary Contribution).

  • The Service Director added that the Council is also exploring a shared cost Additional Voluntary Contribution Scheme, noting that this is a decision for Rhondda Cynon Taf Council to determine whether to implement rather than the Pension Fund Committee.

  • No Participant shall have any rights as a stockholder of the Company with respect to the shares of Stock which may be deliverable to the Participant’s Account in connection with a Contribution (other than a Voluntary Contribution of previously-owned shares of Stock) under the Plan until such shares of Stock have been credited to his or her Account or have been delivered to him or her.

  • All AVCs require submission by the Participants to the Office of Human Resources of the Secretariat of a Voluntary Contribution Form (Appendix 2 to the Administrative Rules) specifying either the monthly amount or the lump sum to be contributed to the AVC sub-account.5.4 AVCs shall be processed as part of the payroll.


More Definitions of Voluntary Contribution

Voluntary Contribution means a contribution, if and to the extent permitted by the Committee from time to time, of shares of Stock or cash by the Participant to the Participant’s Account which is not made by Payroll Deduction.
Voluntary Contribution means a contribution given freely, without pressure or coercion. A contribution is not voluntary unless it is made in an amount determined by the contributing employee, except that where an amount for a gift is included in the cost for a luncheon, reception
Voluntary Contribution means a contribution payable under section 18(4) and (5);
Voluntary Contribution means a contribution made to the Plan by or on behalf of a Participant pursuant to Section 3.1 that is included in the Participant's gross income for the year in which made.
Voluntary Contribution means a non-deductible contribution to the Fund made by the Participant pursuant to Section 3.3.
Voluntary Contribution means a Contribution paid to the Scheme in accordance with Rule
Voluntary Contribution means a contribution by a Member from the Earnings of such Member.