Common use of Benefit Dollars Other Than Employer Non-Discretionary Benefit Dollars Clause in Contracts

Benefit Dollars Other Than Employer Non-Discretionary Benefit Dollars. For each Plan Year, the Employer will determine the amount of all other Benefit Dollars which can be credited to the Account of each Participant, and shall inform each Participant in writing of the amount before the beginning of the Plan Year. In the case of Salary Reduction Benefit Dollars and Participant After-Tax Benefit Dollars, the Employer shall determine the maximum amount of dollars the Participant may elect. The amount will consist of any one or more of the following, as selected by the Employer in the Adoption Agreement: (a) Employer Discretionary Benefit Dollars. Prior to the beginning of each Plan Year, an Employer who has selected Employer Discretionary Benefit Dollars on the Adoption Agreement, may, at its sole discretion, also credit Employer Discretionary Benefit Dollars to the Account of each Participant.