Examples of Participant Contributions Account in a sentence
Any repayments of distributions by a Participant pursuant to 4.9 shall be credited to his Participant Contributions Account in the ratio that such earlier distributions reduced his Participant Contributions Account in relation to any earlier reduction in his Employer Matching Account.
The Plan shall separately account for each Participant Contributions Account and the interest factor credited to such Account.
Any distributions (other than Retirement Pension payments) to a Participant under Article4 that were not allocated to reduce his Participant Contributions Account under 8.4.1.4 shall reduce his Employer Matching Account to the extent of the lesser of the sum of such distributions or the balance of the Participant’s Employer Matching Account.
There shall be maintained for each Participant an Alternate Benefit Accrual Account composed of (1) his Participant Contributions Account and(2) his Employer Matching Account.
If a Transfer Participant had been a Public Safety Employee in Plan A and if he fails to complete his Transition Period in this Plan, then that portion of his Participant Contributions Account not payable to him under4.8 shall be retransferred to his employee contributions account in Plan A at the same time that payment is made to him under 4.8 of this Plan.3 8.4.2 Employer Matching Accounts.