Basic Contribution. The Employer’s total annual contribution to the retirement plan shall be five percent (5%) of the individual Regular Nurse’s annual pension eligible earnings.
Basic Contribution. The contribution established in section 5 of the Reduced Contribution Regulation (CQLR, c. S-4.1.1, r. 1).
Basic Contribution. Subject to this Rule and Rule 2509B, the amount of Basic Contribution from time to time required to be made by each Clearing Participant shall be determined by reference to and shall be subject to such adjustments as are provided in the Operational Procedures. The minimum amount of Basic Contribution to be made by each DCP shall be HK$50,000 or HK$50,000 in respect of each Stock Exchange Trading Right held by such DCP in the Exchange, whichever is the higher. The minimum amount of Basic Contribution to be made by each GCP shall be HK$150,000 or the aggregate of HK$50,000 in respect of each Stock Exchange Trading Right held by it and HK$50,000 in respect of each NCP NCCCP with whom such GCP has entered into a Clearing Agreement, whichever is the higher. The minimum amount of Basic Contribution to be made by each Clearing Participant shall be made in cash. HKSCC may from time to time specify such other amount as the minimum amount of Basic Contribution by each Clearing Participant. CHAPTER 36
Basic Contribution. A Participant's basic contributions for the Plan Year is the amount of elective contributions made for him under Article 5 for the Plan Year, but limited to 5 percent of his cash compensation (as defined in 5.2) for the Plan Year. Allocation. The matching contributions (together with forfeitures) for the Plan Year shall be allocated to the Matching Account of each Participant in the proportion that his basic contributions for the Plan Year bears to the basic contributions of all Participants for the Plan Year.
