Employee Account. Employee Accounts are only available to employees of certain employers approved by us in our sole discretion. If you are a current employee of a designated employer, you enroll for an Account, and you are approved by us, your Account automatically becomes an Employee Account. Your Account will remain an Employee Account unless you qualifying for the Employee Plus Account. You may use the Temporary Card or the Personalized Card, as applicable, to access the Account. Bill pay is available to you. In addition, under the Employee Account, the following additional features may be available to you:
Employee Account. Employee monthly contributions to the Pension Plan are based on a percentage of the monthly standard hourly rate of pay earnings. Employee contributions are deposited to the Employee Account and are dependent on years of service as outlined below: Years of Service* Employee Contributions Less than one year 1% One year, but less than two years 2% Two years, but less than three years 3% Three years or more 4% *The change in the contribution level is effective on individual plan entry anniversary dates. Employees, however, may choose to contribute up to 5% when first joining the Pension Plan or may increase the contribution level up to 5% on any plan entry anniversary date.
Employee Account. If you have established an employee account as an employee of the Bank and your employment ends, the charges applicable to your account as described in the Bank's current Disclosures & Schedule of Fees will be imposed.
Employee Account. Employee Accounts are only available to employees of certain employers approved by us in our sole discretion. If you are a current employee of a designated employer, you enroll for an Account, and you are approved by us, your Account automatically becomes an Employee Account. Your Account will remain an Employee Account unless you qualifying for the Employee Plus Account. You may use the Temporary Card or the Personalized Card, as applicable, to access the Account. Bill pay is available to you. In addition, under the Employee Account, the following additional features may be available to you: (i) for qualifying direct deposits in the Account, those funds may be available to you two days earlier than your normal pay date (see section above entitled “Early ACH Deposits” for more details), (ii) purchase cushion, and (iii) if you opt-in, overdraft protection. These features are described in more detail above. The Monthly Maintenance fee will be waived and certain other fees will be waived or reduced. Consult your Fee Schedule for details.
Employee Account. This Individual Account will be credited with employee Contributions, specifically employee salary reduction contributions. The Contract Holder may make one or more lump sum Contribution(s) on behalf of one or more Participants. Aetna will establish a separate Individual Account for each lump sum Contribution made, of more than a minimum amount stated by Aetna, on behalf of a Participant for whom an Individual Account exists at the time the lump sum Contribution is made. Such Individual Account(s) will be designated as Employer Accounts or Employee Accounts as instructed by the Contract Holder. Aetna reserves the right not to accept any contibution.
Employee Account. This Individual Account will be credited with employee Net Purchase Payment(s), specifically employee salary reduction contributions.
Employee Account. You will establish an account for each Employee participating under the Plan. Nothing in this contract is to be construed as giving any Employee at any time a security interest in any Employee Account Balance or as placing any Employee Account Balance in trust with you for the benefit of any Employee. Employee Account Balances are not collateral security for the payment of any benefits under any plan and are available to meet your general obligations.
Employee Account. The Company will establish a separate notional account for the Employee and will record in such account the number of Deferred Share Units awarded to the Employee pursuant to this Agreement.
