Amount of Contributions. (a) Contributions may vary in amount and frequency; however, they must be at least equal to a minimum annual Contribution of $200 per Participant in any full Contract Year. AUL may change the minimum annual Contribution acceptable under this contract, but any such change shall apply only to individuals who become Participants on or after the date of the change.
(b) Excess Contributions (plus gains or minus losses thereon) shall be withdrawn from a Participant Account and returned to the Participant upon receipt by AUL at its Home Office of complete written instructions from the Participant. Such written instructions must include the amount to be withdrawn and returned, and certification that such Contributions constitute Excess Contributions and that such returns are permitted by applicable provisions of the Code and Regulations issued thereunder. It shall not be the responsibility of AUL to determine the existence or amount of Excess Contributions or gains or losses thereon, or that returns of Excess Contributions are permitted by applicable provisions of the Code and Regulations. In withdrawing and returning the identified amount, AUL may rely solely on such written instructions and certification. Such a withdrawal and return of Excess Contributions shall not be subject to Section 4.8.
Amount of Contributions. (a) Contributions may vary in amount and frequency; however, a minimum Contribution of at least $100,000 must be made for a Participant in order to establish a Participant Account. Any additional Contributions made within the 12-month period beginning on the date the initial Contribution is credited to that Participant Account (hereinafter called
Amount of Contributions. The amount of monthly employee contributions, if required while on leave, shall be the amounts set by the insurance carrier.
Amount of Contributions. Each Employer shall remit continuing and prompt Employer Contributions to the Trust Fund as required by the applicable collective bargaining agreement, participation agreement, this Agreement and/or other written agreement to which the Employer is a party, applicable law and all rules and requirements for participation by Employers in the Fund as established and interpreted by the Trustees in accordance with their authority. The Employer shall be liable for the entire contribution amount even if the collective bargaining agreement requires the Employees to pay a portion of the contribution amount.
Amount of Contributions. The amount of monthly Operator contributions, if required while on leave, shall be the amounts set by the insurance carrier’s contract with METRO.
Amount of Contributions. For the purpose of determining the amount of contributions, time off for Annual Vacation, Statutory Holidays, Workers’ Compensation, Sick Leave or any authorized leave of absence is to be considered as time worked.
Amount of Contributions. (a) Contributions may vary in amount and frequency; however, they must be at least equal to a minimum annual Contribution of $300 per Participant in any full Contract Year. AUL may change such minimum annual Contribution acceptable under this contract, but any such change shall apply only to individuals who become Participants on or after the date of the change. This contract will not terminate solely because a Contribution is not made for any Contract Year.
(b) Except for amounts eligible for rollover treatment under Code Sections 402(a)(5), 402(a)(6), 402(a)(7), 403(a)(4), 403(b)(8), or 408(d)(3), Contributions during a Participant's taxable year (which is presumed to be a calendar year) must be made in cash and may not exceed the amounts described below (as adjusted by Code Section 408(a)):
(1) the lesser of $2,000 or 100% of compensation includible in the Participant's gross income for such taxable year; or (2) the lesser of $2,250 or 100% of compensation includible in the Participant's gross income for such taxable year if a Contribution is made on behalf of the Participant's non-employed spouse (no more than $2,000 may be allocated to either the Participant or his spouse); or (3) the lesser of $30,000 (or, if greater, 25% of the dollar limitation in effect under Code Section 415(b)(1)(A)) or 15% of compensation in the case of a simplified employee pension (SEP, as described in Code Section 408(k))
Amount of Contributions. The district shall provide each eligible full-time employee a sum per month as funded by the state toward the funding of a pooled rate for medical, vision, dental and other allowable benefits. The monthly maximum shall be adjusted annually to reflect the FTE contribution funded by the state.
Amount of Contributions. (a) Contributions may vary in amount and frequency; however, when made, they must be at least equal to a minimum annual Contribution of $200 per Participant in any full Contract Year. AUL may change the minimum annual Contribution acceptable under this contract, but any such change shall apply only to individuals who become Participants on or after the date of the change.
Amount of Contributions. Subject to the limitations in Section 6 and Section 9.9(b)(ii)(B), each Participant who qualifies under Sections 4.1 and 4.2 may elect, in a form filed with the Plan Sponsor and acceptable to the Administrator, to have a portion of his or her Compensation contributed to the Plan as Before- Tax Contributions and/or as Xxxx Contributions. Before-Tax Contributions and/or Xxxx Contributions will be stated as a dollar amount or a whole percentage of the Participant’s Compensation, which may not be less than one percent nor more than 100%, and the dollar amount or percentage elected will be withheld from each payment of Compensation to the Participant.
