Required Contribution is defined in Section 4.4(a).
Required Contribution means the payment required of Participating Employers under this Participation Agreement to secure coverage under the terms and conditions of the Plan.
Required Contribution on behalf of the Account in respect of a Portfolio for any fiscal year shall mean an amount equal to the expenses of that Portfolio for such year minus the below-indicated percentage of that Portfolio's average daily net assets for the year:
Examples of Required Contribution in a sentence
The sum of normal cost and UAAL amortization costs is called the Annual Required Contribution (ARC) and is shown below.
This applies to employers that don’t fully fund the Annual Required Contribution (ARC) through an irrevocable trust.
Contributions Allocated Toward Minimum Required Contribution for Current Year, Adjusted to Valuation Date.
The initial Actuarial Accrued Liability as of the date GASB 45 was adopted is amortized as a component of the Annual Required Contribution (“ARC”).
Actuarially Determined Contribution (ADC) or Annual Required Contribution (ARC)A calculated contribution into a defined benefit pension plan for the reporting period, most often determined based on the funding policy of the plan.
More Definitions of Required Contribution
Required Contribution on behalf of the Account in respect of a Portfolio for any fiscal year shall mean an amount equal to the expenses of that Portfolio for such year minus the below-indicated percentage of that Portfolio's average daily net assets for the year: International Portfolio .............................1.50% Each other Portfolio ................................0.75% multiplied by a fraction the denominator of which is the average daily net assets of that Portfolio and the numerator of which is the average daily net asset value of the Shares of that Portfolio owned by the Account (referred to herein as a "Participating Shareholder"). The Company's Required Contribution in respect of a portfolio shall be pro-rated based on the number of business days on which this Agreement is in effect for periods of less than a fiscal year.
Required Contribution has the meaning set forth in Section 5.14(a).
Required Contribution means 6% of a Participant’s Earnings, which percentage may be changed from time to time by duly adopted amendment to the Plan.
Required Contribution has the meaning assigned to such term in Section 2.7.
Required Contribution is defined in Section 5.9.
Required Contribution means the amount or amounts required to be contributed to
Required Contribution means Capital Contributions required under Section 6.1.