Retirement Plan account Sample Clauses

Retirement Plan account. If a teacher dies after having satisfied the requirements of this Appendix, the deceased teacher’s 401(a) Retirement Plan account shall be distributed to the decedent’s designated beneficiary or to his/her estate if no beneficiary designation has been made. At no time may a participant borrow from his 401(a) Retirement Plan account.
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Retirement Plan account. If BNC terminates the Executive’s employment without Cause or if the Executive terminates employment with Good Reason before full vesting of the amounts credited to his account as a result of matching or discretionary contributions by BNC under the BNC’s 401(k) Plan, the Executive shall be entitled to receive from BNC an amount in cash equal to the value of any unvested contributions as of the effective date of termination.
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Retirement Plan account. For eligible employees, Xxxxx College agrees by this document to match ½ of my deduction up to but not more 3% of my base salary per pay period (that is, if you contribute 6% the college will contribute the maximum 3%), to start on , as long as such Benefit is To be completed by Human Resources provided to Xxxxx employees. It is understood that the amount specified below will be paid to TIAA-CREF as contributions to a Retirement Choice Plus (RCP) Annuity Contract. The amount of salary reduction shall be (choose one of the below): % of salary - whole percent only (required for contributions of 6% or less) dollar amount per pay period (this option may only be used if contributing more than 6% of your salary) dollar amount per year (this option may only be used if contributing more than 6% of your salary) the maximum amount allowed under the law ($17,500 in 2013) Employees who will be age 50 or older by the end of the calendar year, if you contribute the maximum allowed under the law you may also contribute an additional catch-up contribution (choose one of the below): dollar amount per pay period dollar amount per year the maximum amount allowed under the law ($5,500 in 2013) Signature of Employee Date Human Resources Representative Date REV: 03/03/13 KE Instructions If you wish to change the dollar amount or the percentage you are currently contributing to your 403(b) account with TIAA-CREF you will need to complete this “Voluntary Salary Reduction Agreement” form.
Sample 1
Retirement Plan account. For eligible employees, Xxxxx College agrees by this document to match ½ of my deduction up to but not more 3% of my base salary per pay period (that is, if you contribute 6% the college will contribute the maximum 3%), to start on as long as such benefit is To be completed by Human Resources provided to Xxxxx employees. It is understood that the amount specified above will be paid to TIAA/CREF as premiums on a Retirement Choice Plus (RCP) Annuity Contract. The amount of salary reduction shall be (choose one of the below): % of salary - whole percent only (required for contributions of 6% or less) dollar amount per pay period (this option may only be used if contributing more than 6% of your salary) If you will be under age 50 on December 31, 2017 then the maximum amount you may contribute during 2016 is $18,000. Employees who will be age 50 or older by the end of the calendar year may also contribute an additional catch-up contribution up to a maximum $6,000. Total maximum for the year for employees 50 or older by the end of the calendar year is $24,000. Signature Xxxxx ID# Date Human Resources Representative REV: 01/14/16 KE Date Instructions If you wish to change the amount of money or the percentage you are currently contributing to your 403(b) account with TIAA CREF you will need to complete the “Agreement for Salary Reduction” form.
Sample 1
Retirement Plan account. It is understood that the amount specified above will be paid to TIAA/CREF as premiums on a Retirement Choice Plus (RCP) Annuity Contract. The amount of salary reduction shall be (choose one of the below): % of salary - whole percent only (required for contributions of 6% or less) dollar amount per pay period (this option may only be used if contributing more than 6% of your salary) I understand that when the academic year begins and I am an active student again I will cease to be eligible for the Xxxxx College 403(b) Retirement Plan. Signature Xxxxx ID# Date Human Resources Representative REV: 05/30/18 KE Date Instructions If you wish to change the amount of money or the percentage you are currently contributing to your 403(b) account with TIAA CREF you will need to complete the “Agreement for Salary Reduction” form.
Sample 1
Retirement Plan account. If Citizens South terminates the Executive's employment without Cause or if the Executive terminates employment with Good Reason before full vesting of the amounts credited to his account as a result of matching or discretionary contributions by Citizens South under Citizens South's 401(k) Plan, the Executive shall be entitled to receive from Citizens South an amount in cash equal to the value of any unvested contributions as of the effective date of termination.
Sample 1
Retirement Plan account. If Crescent terminates the Executive’s employment without Cause or if the Executive terminates employment with Good Reason before full vesting of the amounts credited to his account as a result of matching or discretionary contributions by Crescent under the Crescent State Bank Employees’ 401(k) Plan, the Executive shall be entitled to receive from Crescent an amount in cash equal to the value of any unvested contributions as of the effective date of termination.
Sample 1
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Related to Retirement Plan account

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • Retirement Accounts With respect to certain retirement plans or accounts (such as individual retirement accounts (“IRAs”), SIMPLE IRAs, SEP IRAs, Xxxx IRAs, Education IRAs, and 403(b) Plans (such accounts, “Retirement Accounts”), the Transfer Agent, at the request and expense of the Fund, provide or arrange for the provision of various services to such plans and/or accounts, which services may include custodial agent services such as account set-up maintenance, and disbursements as well as such other services as the parties hereto shall mutually agree upon.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

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