Common use of Plan Funding Clause in Contracts

Plan Funding. The University's contribution to the plan will be paid from operating funds. A separate accounting will be maintained on all plan payments. Since no trust fund will be established, the Employees will have no vested interest in such a fund.

Plan Funding. The UniversityCollege's contribution to the plan will be paid from operating funds. A separate accounting will be maintained on all plan payments. Since no trust fund will be established, the Employees will have no vested interest in such a fund.

Plan Funding. The University's contribution to the plan will be paid from operating funds. A separate accounting will be maintained on all plan payments. Since no trust fund will be established, the Employees will have no vested interest in such a fund.