Accumulated member contributions definition

Accumulated member contributions means for each member the sum
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Accumulated member contributions means amounts deducted from the salary of a member and credited to the member’s individual account, together with interest if any, credited to that account; it also includes repaid withdrawn contributions not including interest paid thereon, or amounts paid to purchase service credit as allowed under the PERA Act.
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Accumulated member contributions means amounts deducted from the salary of a member and credited to the member’s individual account, together with interest if any, credited to that account; it also includes repaid withdrawn
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Examples of Accumulated member contributions in a sentence

  • Accumulated member contributions are paid to the designated beneficiary.

  • They may be entered as a cumulative figure (taken from a degree day clock) or as a high and low temperature for the day via the (Weather Report option on the DAILY MENU).

  • Inactive Member Averages (a) Age (vesteds only)48.948.41.0(b) Monthly benefit$ 521$ 4877.0(c) Accumulated member contributions$ 686$ 304125.7C.

  • As a result, nutrient rich soil was transferred into the river during the rainy season (Fujino et al.

  • Accumulated member contributions are annually credited with interest at 0.26%.

  • Benefit: Accumulated member contributions plus an allowance equal to 50% of the member’s average final compensation.

  • Accumulated member contributions for current retirees are transferred to the Post Fund upon retirement.

  • Benefit: Accumulated member contributions plus an allowance equal to 50% of the ordinary disability allowance the member would have received at the time of the member’s death.

  • Other notices of motion were again filed by the defendants, raising a number of issues including the lack of capacity of the plaintiff to institute the action or in other words, the plaintiff lacked locus standi to institute the action.

  • Accumulated member contributions and credited interest vest immediately and are returned to the member upon termination of service if the member is not eligible for other benefits.


More Definitions of Accumulated member contributions

Accumulated member contributions means the amounts deducted from the salary of a member and credited to the member's individual account, together with interest, if any, credited to that account;
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Accumulated member contributions means the sum of all member
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Accumulated member contributions means for each member the sum of the amount of all the member's contributions deducted from the member's salary and paid to the fund, plus member contributions transferred to the fund by another retirement plan covering public employees of this state, plus previously withdrawn accumulated member contributions that are repaid to the fund in accordance with this article, minus any benefits paid to or on behalf of a member.
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Accumulated member contributions means the balance in a member’s individual account in the reserve for member contributions.
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Accumulated member contributions means the amounts deductede
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Related to Accumulated member contributions

  • Member contributions means all amounts paid to ASRS by a member.

  • Member contribution means a contribution under regulation 32;

  • Accumulated contributions means the sum of all

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Employer Contributions means all amounts paid into ASRS by an

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Matching Contributions are contributions made by the Employer on account of elective deferrals under a Code Section 401(k) arrangement or on account of employee contributions. Matching contributions also include Participant forfeitures allocated on account of such elective deferrals or employee contributions.

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Employee Contributions are contributions made by a Participant on an after-tax basis, whether voluntary or mandatory, and designated, at the time of contribution, as an employee (or nondeductible) contribution. Elective deferrals and deferral contributions are not employee contributions. Participant nondeductible contributions, made pursuant to Section 4.01 of the Plan, are employee contributions.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.