Allocations To Participant Accounts. As of each Valuation Date elected by the Employer in the Adoption Agreement and/or on any date within the allocation period selected in writing by the Plan Administrator, each Participant’s account shall be adjusted to reflect:
Allocations To Participant Accounts. Total annual Ch. 175 premium tax revenues in excess of $237,075 will be split 50/50, with half of the excess used to reduce the city's annual required pension contributions and half of the excess used to fund the supplemental benefit plan. Each year, the Ch. 175 premium tax revenues allocated to the supplemental benefit plan, plus any forfeitures and previously unallocated amounts, shall be allocated as of the last day of the Plan Year to the share account of each participant who is eligible for an allocation. As of each September 30, the Retirement System actuary shall determine the amount to be allocated to each participant's share account based on the following schedule: YEARS OF CREDITED 175 SHARE PERCENTAGE SERVICE 10 - 12.5 25% of share allotment rate 12.6 - 15 50% of share allotment rate 15.1 - 17.5 75% of share allotment rate 17.6 - 25+ 100% of share allotment rate
Allocations To Participant Accounts. We allocate each Participant’s Contributions to the FIA based on the information you provide. We credit interest daily from the date of the Contribution or transfer to the FIA to the date of withdrawal or transfer from the FIA to an Investment Account.
Allocations To Participant Accounts. As of each Valuation Date elected by the Employer in the Adoption Agreement and/or on any date within the allocation period selected in writing by the Plan Administrator, each Participant’s account shall be adjusted to reflect: Cycle D EGTRRA 401(k) IDP BPD 40
Allocations To Participant Accounts
