Common use of Payment for Prior Governmental Service Credit Clause in Contracts

Payment for Prior Governmental Service Credit. Participants shall not be required to pay for governmental service credit. Participants shall be required to pay for governmental service credit as follows: The Participant must pay % of the actuarial cost of the service credit. The Participant must pay an amount equal to (must specify in a manner that satisfies the definite written program requirement of Treasury Regulation 1.401-1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401-1(b)(1)(i)): . Other Conditions for Award of Prior Governmental Service Credit (must specify in a manner that satisfies the definite written program requirement of Treasury Regulation 1.401- 1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401- 1(b)(1)(i)): .

Appears in 6 contracts

Samples: Defined Benefit Retirement Plan, Defined Benefit Retirement Plan, Defined Benefit Retirement Plan

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Payment for Prior Governmental Service Credit. Participants shall not be required to pay for governmental service credit. Participants shall be required to pay for governmental service credit as follows: The Participant must pay % of the actuarial cost of the service credit. The Participant must pay an amount equal to (must specify in a manner that satisfies the definite written program requirement of Treasury Regulation 1.401-1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401-1(b)(1)(i)): . Other Conditions for Award of Prior Governmental Service Credit (must specify in a manner that satisfies the definite written program requirement of Treasury Regulation 1.401- 1.401-1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401- 1.401-1(b)(1)(i)): .

Appears in 3 contracts

Samples: Defined Benefit Retirement Plan Adoption Agreement, Defined Benefit Retirement Plan Adoption Agreement, Defined Benefit Retirement Plan

Payment for Prior Governmental Service Credit. Participants shall not be required to pay for governmental service credit. Participants shall be required to pay for governmental service credit as follows: The Participant must pay % of the actuarial cost of the service credit. The Participant must pay an amount equal to (must specify in a manner that satisfies the definite written program requirement of Treasury Regulation 1.401-1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401-1(b)(1)(i)): . Other Conditions for Award of Prior Governmental Service Credit (must specify in a manner that satisfies the definite written program requirement of Treasury Regulation 1.401- 1.401-1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401- 1.401-1(b)(1)(i)): .):

Appears in 2 contracts

Samples: Defined Benefit Retirement Plan, Defined Benefit Retirement Plan

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Payment for Prior Governmental Service Credit. Participants shall not be shallnotbe required to pay for governmental service credit. Participants shall be required to pay for governmental service credit as follows: The Participant must pay % of the actuarial cost of the service credit. The Participant must pay an amount equal to (must to(must specify in a manner that satisfies the definite written program requirement of Treasury Regulation 1.401-1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401-1(b)(1)(i)): . Other Conditions for Award of Prior Governmental Service Credit (must Credit(must specify in a manner that satisfies the definite written program requirement of Treasury Regulation 1.401- 1(a)(2) and the definitely determinable requirement of Treasury Regulation 1.401- 1(b)(1)(i)): .

Appears in 1 contract

Samples: Defined Benefit Retirement Plan

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