Retirement Savings 401(a) Annuity Plan Sample Clauses

Retirement Savings 401(a) Annuity Plan. 1. The School Corporation shall establish a qualified plan as described in section 401(a) of the Code.
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Retirement Savings 401(a) Annuity Plan. A. The Board shall contribute seventy percent (70%) annually of 0.005 (.5%) of the teacher’s base salary to a sheltered retirement plan for those teachers eligible for the retirement buy-out. For bargaining unit members excluded from receiving the retirement buy-out contribution the Board shall contribute seventy percent (70%) of .015 (1.5%) of the teacher’s base salary. The Board will contribute an additional fifty dollars ($50.00) if matched by the unit member.

Related to Retirement Savings 401(a) Annuity Plan

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • Retirement Savings 5.6.1 Principals are eligible to join a KiwiSaver scheme in accordance with the terms of those schemes.

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

  • Annuity Plan Teachers will be eligible to participate in a “tax sheltered” annuity plan established pursuant to United States Public Law No. 87-370.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

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