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
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
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