Retirement Security Sample Clauses

Retirement Security. Starting January 1, 2022, the employer shall enroll all eligible employees into the MultiSector Pension Plan with terms and contributions outlined in Schedule C.
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Retirement Security. In this Article, the terms used shall have the meanings described:
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Retirement Security. A. 401(k) Profit Sharing Contribution-Mundo Verde shall provide a cash contribution equal to 3% of the Employee’s regular salary into the Employee’s 401(k) account. The contributions shall be made at a mutually agreed upon date once each month.
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Retirement Security. ‌ The State of Oregon and SEIU have a shared interested in ensuring all Oregonians have an opportunity to save for a secure retirement. House Bill 2960 created the Oregon Saves Program, an automatic, portable, and secure way for Homecare Workers, Personal Support Workers and Personal Care Attendants, to save the money they earn toward a retirement. All new HCWs/PSWs/PCAs will be automatically enrolled in the Oregon Saves program with an automatic five percent (5%) contribution via payroll deduction. The State on behalf of Consumer/Employers will continue the Employer functions of the Oregon Saves Program. The State will continue payroll withholdings in collaboration with the Oregon Saves Program, PPL and APD’s payment systems.
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Retirement Security. The Agreement preserves the existing defined benefit pension plan along with other strong retirement benefits.
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Related to Retirement Security

  • Traditional Individual Retirement Custodial Account The following constitutes an agreement establishing an Individual Retirement Account (under Section 408(a) of the Internal Revenue Code) between the depositor and the Custodian.

  • SIMPLE Individual Retirement Custodial Account (Under section 408(p) of the Internal Revenue Code) The participant named above is establishing a savings incentive match plan for employees of small employers individual retirement account (SIMPLE IRA) under sections 408(a) and 408(p) to provide for his or her retirement and for the support of his or her beneficiaries after death. The custodian named above has given the participant the disclosure statement required by Regulations section 1.408-6. The participant and the custodian make the following agreement:

  • Xxxx Individual Retirement Custodial Account The following constitutes an agreement establishing a Xxxx XXX (under Section 408A of the Internal Revenue Code) between the depositor and the Custodian.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • 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.

  • Normal Retirement Normal Retirement Age under the Plan is: (Choose (a) or (b)) [X] (a) 65 [State age, but may not exceed age 65].

  • Multiple Individual Retirement Accounts In the event the depositor maintains more than one Individual Retirement Account (as defined in Section 408(a)) and elects to satisfy his or her minimum distribution requirements described in Article IV above by making a distribution from another individual retirement account in accordance with Item 6 thereof, the depositor shall be deemed to have elected to calculate the amount of his or her minimum distribution under this custodial account in the same manner as under the Individual Retirement Account from which the distribution is made.

  • Normal Retirement Date The term “Normal Retirement Date” means “Normal Retirement Date” as defined in the primary qualified defined benefit pension plan applicable to the Executive, or any successor plan, as in effect on the date of the Change in Control of the Company.

  • Retirement System The withdrawal of employee contributions made on or after January 1, 2014 may also be withdrawn but only on an actuarially neutral basis. The actuarial present value of the pension reduction shall be equal to the amount of accumulated member contributions withdrawn. The actuarial present value shall computed using the interest rate used in the annual actuarial valuation and the mortality table used in the annual actuarial valuation with a 50% unisex blend.

  • Retirement Age It is assumed that an employee terminates employment at the end of the school year in which the employee attains age 58 or at the end of the current year, if the individual is already 58 or older.

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