Voluntary Account definition

Voluntary Account. An Account established and maintained for a Participant for accounting purposes to which his voluntary Employee contributions made prior to Plan Years beginning after 1986 have been added.

Voluntary Account means a Participant's Account attributable to Voluntary Contributions.

Voluntary Account means the Member's voluntary contributions, if any, pursuant to Section 3.05 hereof, and the income, losses, appreciation and depreciation attributable to such contributions.

Examples of Voluntary Account in a sentence

• A Member shall have multiple separate accounts, namely an Employer Account, a Member Account, Employer Voluntary Account, Member Voluntary Account, and Member Rollover Account(s), as necessary.

• The portion of a Member's Employer Account and Employer Voluntary Account which is forfeited because of termination of employment before full vesting.(q)(1) Forms: Any forms including but not limited to photocopies, printed forms, web forms, and any forms described in the FPPA Rules and Regulations and plan documents.

• Employer Voluntary Account: The account maintained for a Member to record voluntary Employer contributions to the Plan.

• If a part-time Member becomes eligible to participate in the FPPA Defined Benefit System and elects to transfer the money purchase account balance to the FPPA Defined Benefit System for the purpose of purchasing service credit, a Member shall be 100% vested in the Member’s Employer Account and the Employer’s Voluntary Account.

• In the event of Permanent Occupational or Total Disability retirement pursuant to C.R.S. §31-31-803 or death as an active member, a Member shall be 100% vested in the Member's Employer Account and Employer Voluntary Account.

More Definitions of Voluntary Account

Voluntary Account means the total amount in a Participant's Voluntary Account under the Prior Plan, in his Voluntary Account under the Manor Healthcare Plan immediately prior to the merger of that plan into this Plan, and/or in his Participant Contribution Accounts under the Quality Inns Plan immediately prior to the merger of that plan into this Plan, as adjusted for earnings or losses thereon in accordance with the provisions of Section Nine of the Plan.

Voluntary Account means the account opened and maintained by the Committee for each Participant in the Plan who has made Voluntary Contributions to the PSRP.

Voluntary Account means that portion of a Participant's interest in the Plan which is attributable to his Voluntary Tax-Deferred Contributions.

Voluntary Account means the separate account maintained on behalf of a DB or DC Participant in accordance with subsection 3.4.2(a)(i).

Voluntary Account means the contributions remitted by a Member in accordance with Subsection 4.5 or assets transferred to the Plan on behalf of a Member in accordance with Subsection 4.6 or 15.11 that are not locked-in under the Act and not applied to grant Credited Service to the Member. Voluntary Account shall also include Investment Income accumulated from at least the first day of the month following the date the contribution was remitted or the amount was transferred to the Plan to at least the first day of the month prior to the date of transfer from the Plan. For greater certainty, a Member may elect to transfer his Voluntary Account from the Plan while remaining an active Member of the Plan, such transfer being payable in accordance with Subsection 6.8.

Voluntary Account means in relation to a Member the account of that name maintained in respect of the Member in accordance with part 5.2.

Voluntary Account means the total amount in a Participant's Voluntary Account as adjusted for earnings or losses thereon in accordance with the provisions of Section Nine of the Plan. In addition, a Participant's Voluntary Account shall include all amounts transferred on behalf of such Participant from the Participant's corresponding voluntary account, if any, in the Manor Care Plan.