Deferred Pension Account definition

Deferred Pension Account means the bookkeeping Account established under Section 3.1 on behalf of a participant, and includes any Interest Return credited thereto pursuant to Section 3.7(a).
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Examples of Deferred Pension Account in a sentence

  • For purposes of clarification, all amounts credited to a Deferred Pension Account are Grandfathered Deferrals.

  • They will receive a copy of ‘ Are you a young person with a family member in prison’ from Action for Prisoners’ Families where appropriate and allowed the opportunity to discuss questions and concerns.

  • Any Participant, who has an Accrued Pension as of the Termination Date, may make a single one-time election, on or before December 5, 1996 in writing and on a form to be furnished by the Committee, to convert 25%, 50%, 75% or 100% of his or her Accrued Pension into a Deferred Pension Account under the Plan.

  • If a Participant does not make an Investment Election as provided below, the Committee shall credit the balance of each Participant’s Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account and Deferred Cash Account during the calendar year with an Interest Return equal to interest thereon.

  • Committed fund balances differ from restricted balances because the constraints on their use do not come from outside parties, constitutional provisions, or enabling legislation. Assigned – Assigned fund balances are amounts that are constrained by the District’s intent to be used for specific purposes, but are neither restricted nor committed.

  • Balance in Deferred Pension Account as at December 31, 2004NUL has a cumulative balance of $35,000 of amounts collected from customers as at December 31, 2004 with respect to the Defined Benefit pension plan38.

  • Reference: Sections 25102, 25165, 25608 and 25620, Corporations Code.

  • At the same time, the participant’s Deferred Pension Account will be debited by the amount so credited to the participant’s new Deferred Stock Account.

  • CWNG stated that the proper amount to be included in NWC is the mid-year balance of the Deferred Pension Account, which represents the cumulative difference between amounts expensed and amounts funded.

  • At the same time, the participant's Deferred Pension Account will be debited by the amount so credited to the participant's new Deferred Stock Account.

Related to Deferred Pension Account

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.