Common use of Alternative Flat Percentage Formula Clause in Contracts

Alternative Flat Percentage Formula. (insert percentage) of Final Average Earnings multiplied by years of Total Credited Service as an Eligible Regular Employee. This formula applies to the following Participants (must specify - specific positions are permissible; specific individuals may not be named): .

Appears in 5 contracts

Samples: Defined Benefit Retirement Plan Adoption Agreement, Defined Benefit Retirement Plan, Defined Benefit Retirement Plan

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Alternative Flat Percentage Formula. 1.75% (insert percentage) of Final Average Earnings multiplied by years of Total Credited Service as an Eligible Regular Employee. This formula applies to the following Participants (must specify - specific positions are permissible; specific individuals may not be namedspecify): .Eligible Regular Employees other than

Appears in 1 contract

Samples: Defined Benefit Retirement Plan Adoption Agreement

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Alternative Flat Percentage Formula. (insert percentage) of Final Average Earnings multiplied by years of Total Credited Service as an Eligible Regular Employee. This formula applies to the following Participants (must specify - specific positions are permissible; specific individuals may not be namedspecify): .

Appears in 1 contract

Samples: Defined Benefit Retirement Plan

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