Employee annuity definition

Employee annuity means annual payments for life derived from the accumulated contributions of a member.
Sample 1Sample 2Sample 3
Employee annuity means means annual payments for life derived from the accumulated contributions of a member.
Sample 1Sample 2Sample 3
Employee annuity means recurring payments to a retiree, not the account itself. In other words, a verb, not a noun.
Sample 1

Examples of Employee annuity in a sentence

  • Employee annuity, pension, profit−sharing or stock bonus plan distributions, including self−employed retirement plan distributions, and distributions from qualified deferred com- pensation plans under ss.

  • Employee annuity, pension, profit−sharing or stock bonus plan distributions, including self−employed retire- ment plan distributions, and distributions from qualified deferred compensation plans under ss.

  • The Board will determine the amount of a private pension for any month which is attrib- utable to the employee’s contributions.§ 216.43 Effect of a supplemental annu- ity on other benefits.(a) Employee annuity.

  • The signatory plans intend and agree that this Agreement shall constitute a reciprocal arrangement for the transfer of Employer Contributions and Employee annuity or profit sharing account balances between plans.

  • Employee annuity does not include payments of accrued and unpaidannuity after the death of a retiree or phased retiree under 5 U.S.C. 8342(g) or 8424(h).

  • A hypothetical spouse annuity amount is included from the beginning date of the em- ployee annuity if the spouse is not en- titled to an annuity at the time the maximum calculation is made.(a) Employee annuity amounts.

  • In Marc2003, Rebar can be modeled using element type 146 of this FEM software.

  • Employee annuity does not include payments of accrued and unpaid annuity after the death of a retiree under section 8342(g) or section 8424(h) of title 5, United States Code.ERISA means the Employees Retire- ment Income Security Act, 29 U.S.C. 1001 et seq.Federal Employees Retirement System or FERS means the retirement system for Federal employees described in chapter 84 of title 5, United States Code.

  • This partly explains the relative high share of m2 in the segment ‘Basic’ at hub airports compared to regional airports.

  • Focus on clinical methods:interviewing style, approach and technique in history, and physical exam.Forces supervisor to develop skillsin style, approach and facilitation of student-patient interaction, while educator is actually in the room.

Related to Employee annuity

  • life annuity means an annuity payable under a policy issued to an SRS member for a term ending with, or at a time ascertainable only by reference to, the end of his life;

  • Employment benefits means all benefits provided or made

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

  • Female employee means an employed female who is pregnant or is caring for a child she has borne or a child who has been placed with her for adoption purposes.

  • Post-Employment Period is defined in Section 8.2.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Current Annual Compensation means the greater of:

  • Eligible Executive means an employee of the Company selected as being eligible to participate in this Plan under Section C.1.a.

  • employment zone means an area within Great Britain designated for the purposes of section 60 of the Welfare Reform and Pensions Act 1999 and an “employment zone programme” means a programme established for such an area or areas designed to assist claimants for a jobseeker’s allowance to obtain sustainable employment;

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

  • Date of Employment means the first day an Employee performs an Hour of Service.

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.

  • Severance Date means the date on which an Eligible Employee incurs a Severance.

  • Last day of paid employment means the last date employer and employee

  • Severance Period means the period of time commencing on the date of an occurrence of a Change of Control and continuing until the earlier of (i) the date which is one and one-half years following the occurrence of the Change of Control, and (ii) the Executive's death.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Year of Employment means a period of service of 12 months.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).