Retirement Plan Participation Sample Clauses

Retirement Plan Participation. Participation in the retirement plan shall be consistent with the requirements of the California Public Employees’ Pension Reform Act of 2013 as it is currently enacted and as it is amended in the future, and its implementing regulations, referred to hereinafter collectively as “PEPRA”. To the extent PEPRA conflicts with any provision of this MOU, PEPRA will govern.
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Retirement Plan Participation. All employees of the University are covered by the provisions of the Ohio Revised Code and participate in the Ohio Public Employee Retirement System (OPERS), the State Teachers' Retirement System (STRS) or, if eligible, an Alternative Retirement Plan (ARP). The University and the Union agree to abide by any and all rules and regulations now in effect or subsequently enacted by State of Ohio legislation, OPERS, STRS and the Alternative Retirement Plan documents. The University shall pick up the OPERS, STRS and ARP contributions for each employee on a pre-tax basis.
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Retirement Plan Participation. Benefit accruals and contributions under the Retirement Plan and Supplemental Executive Retirement Plan, including matching contributions, will end as of your Separation Date; provided, however, that your deferral elections with respect to (i) the lump sum payment to you pursuant to Section 5 of this Agreement with respect to unused accrued vacation and (ii) the compensation, if any, payable to you pursuant to the Fiscal Year 2012 Performance Reward Plan or Fiscal Year 2012 Annual Incentive Plan shall remain in full force and effect.
Sample 1
Retirement Plan Participation. Mandatory enrollment will be at the age of twenty-one (21) and one (1) year of service for full time Officers. Officers will be vested in the Defined Benefit and the Defined Contribution portions of ERIP upon three (3) years participation.
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Retirement Plan Participation. Employees will be eligible to participate in the Organization’s 401(k) Employee Retirement Plan. Benefits and eligibility for the plan will be as specified by the retirement plan documents currently included within the Organization’s personnel manual. Financial Retirement Planning presentations will be offered by the Organization once annually for all staff regardless of office location and (employees outside of the DC office will be able to join such presentations via phone call and/or video conference). The Organization will provide the Guild with at least two (2) weeks’ notice for this session. There will be no charge to employees for these presentations, and employees will be afforded the opportunity for brief individualized consultation with adviser(s) for as long as these services are provided by Xxxxx Wealth Management.
Sample 1
Retirement Plan Participation. All employees of the University come under the provisions of the Public Employee Retirement System (PERS) or the State Teachers' Retirement System (STRS). The University and the Union agree to abide by any and all rules and regulations now in effect or subsequently enacted by PERS or STRS. The University shall pick up the PERS or STRS contribution for each employee on a pre-tax basis. Eligible employees may elect an alternate retirement plan (ARP) in accordance with the Ohio Revised Code.
Sample 1
Retirement Plan Participation. Enrollment in the University’s Retirement Income Plan for Employees (ERIP) is mandatory for Officers who are twenty-one (21) years old or older, and who work at least 1,000 hours annually. Officers earn benefits under ERIP beginning on their one-year anniversary of employment. ERIP is a 403(b) defined contribution plan that provides benefits through retirement savings accounts. Under ERIP, Officers establish an account into which both the Officer and the University contribute a percentage of her/his pay each pay period. The University contributes 4% of an Officer’s compensation and Officers contribute a mandatory 3% by payroll deduction. Officers have the option to voluntarily contribute up to an additional 2% which will be matched up to 4% by the University. Refer to Appendix E for the ERIP Summary Plan Description.
Sample 1
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Retirement Plan Participation. ‌ As a condition of their employment, all regular full-time employees who have attained the age of twenty and one-half (20½) years and who have satisfactorily completed the initial probationary period are, on the April 1st or October 1st immediately thereafter, required to participate in and make contributions to the Employer's Retirement Plan which provides retirement benefits to participating employees. The Plan Document, which shall be available for inspection by employees, governs all questions of eligibility, participation, contributions and benefits.
Sample 1
Retirement Plan Participation. The Organization will continue to maintain The American Fund Retirement Plan or a substantially comparable insurance plan. For each full-time, permanent employee who has completed 120 days of employment, the employee is entitled to make pre-tax and XXXX contributions from their salary up to the legal limit set forth by the IRS. The Organization will also provide a 1:1 match for all employee contributions up to 5% of the employee’s salary. Employees may also contribute any whole percentage of their base salary to their retirement plan through pre-tax salary deduction, within the IRS limits. America Votes 401(k) plan allows qualified employees to enroll at the beginning of each month.
Sample 1

Related to Retirement Plan Participation

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

  • Participation in Benefit Plans The Executive shall be eligible to participate in the employee benefit plans and programs maintained by the Company from time to time for its executives, or for its employees generally, including without limitation any life, medical, dental, accidental and disability insurance and profit sharing, pension, retirement, savings, stock option, incentive stock and deferred compensation plans, in accordance with the terms and conditions as in effect from time to time.

  • SERP Executive is a participant in the BB&T Corporation Non-Qualified Defined Benefit Plan (the “SERP”). The SERP was formerly known as the Branch Banking and Trust Company Supplemental Executive Retirement Plan. The SERP is a non-qualified, unfunded supplemental retirement plan which provides benefits to or on behalf of selected key management employees. The benefits provided under the SERP supplement the retirement and survivor benefits payable from the Pension Plan. Except in the event the employment of Executive is terminated by the Employer or BB&T for Just Cause and except in the event Executive terminates Executive’s employment for any reason other than Good Reason and such termination does not occur within twelve (12) months after a Change of Control (or, if later, within ninety (90) days after a MOE Revocation), the following special provisions shall apply for purposes of this Agreement:

  • Participation in Plans Notwithstanding any other provision of this Agreement, the Executive shall have the right to participate in any and all of the plans or programs made available by the Company (or it subsidiaries, divisions or affiliates) to, or for the benefit of, executives (including the annual stock option and restricted stock grant programs) or employees in general, on a basis consistent with other senior executives.

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

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