Specify one option only. The Participating Employer will contribute 5 % of the Compensation of such Participant for the Plan Month. The Participating Employer’s contribution for each Participant will equal an amount directed by each Participant, with a minimum of % and a maximum of % of the Compensation of such Participant. The Participating Employer will contribute for each Participant: • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service For Participants hired after March 31, 1986, the Participating Employer will contribute the percentage of Compensation of such Participant for the Plan Month corresponding to the rate required of the employer share portion of Social Security (Old Age, Survivors, and Disability) under the Federal Insurance Contributions Act, as defined in C.R.S. Section 00-00-000 for that Plan Month. Employer Contributions will stop once the Participant’s earnings have reached the social security annual maximum taxable earnings limit. For Participants hired on or before March 31, 1986, the Participating Employer will contribute the percentage of Compensation of the Participant for the Plan Month corresponding to the rate required for the employer share of both the Social Security and Medicare components of the Federal Insurance Contributions Act, as defined in C.R.S. Section 00-00-000 for that Plan Month. For Participants hired on or before March 31, 1986, the Social Security component of the Employer Contribution will stop once such Participant’s earnings have reached the Social Security annual maximum taxable earnings limit.
Appears in 1 contract
Samples: Participation Agreement
Specify one option only. The Participating Employer will contribute 5 4 % of the Compensation of such Participant for the Plan Month. The Participating Employer’s contribution for each Participant will equal an amount directed by each Participant, with a minimum of % and a maximum of % of the Compensation of such Participant. The Participating Employer will contribute for each Participant: • % of Compensation based on _ attained Years of Service % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service For Participants hired after March 31, 1986, the Participating Employer will contribute the percentage of Compensation of such Participant for the Plan Month corresponding to the rate required of the employer share portion of Social Security (Old Age, Survivors, and Disability) under the Federal Insurance Contributions Act, as defined in C.R.S. Section 00-00-000 for that Plan Month. Employer Contributions will stop once the Participant’s earnings have reached the social security annual maximum taxable earnings limit. For Participants hired on or before March 31, 1986, the Participating Employer will contribute the percentage of Compensation of the Participant for the Plan Month corresponding to the rate required for the employer share of both the Social Security and Medicare components of the Federal Insurance Contributions Act, as defined in C.R.S. Section 00-00-000 for that Plan Month. For Participants hired on or before March 31, 1986, the Social Security component of the Employer Contribution will stop once such Participant’s earnings have reached the Social Security annual maximum taxable earnings limit.
Appears in 1 contract
Samples: Participation Agreement
Specify one option only. The Participating Employer Mandatory Participant Contribution will contribute 5 equal Participant for the Plan Month. 4 % of the Compensation of such The Mandatory Participant for the Plan Month. The Participating Employer’s contribution for each Participant Contribution will equal an amount directed by each Participant, with a minimum of % and a maximum of % of the Compensation of such ParticipantParticipant for the Plan Month. Once an election is made, it is an irrevocable election. The Participating Employer Mandatory Participant Contribution will contribute for each Participantequal: • % of Compensation based on attained of Service % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service For Participants hired after March 31, 1986, the Participating Employer Mandatory Participant Contribution will contribute equal the percentage of Compensation of such Participant for the Plan Month corresponding to the rate required of the employer share portion of Social Security (Old Age, Survivors, and Disability) under the Federal Insurance Contributions Act, as defined in C.R.S. Section 00-00-000 for that Plan Month. Employer Mandatory Participant Contributions will stop once the Participant’s earnings have reached the social security annual maximum taxable earnings limit. For Participants hired on or before March 31, 1986, the Participating Employer will contribute the percentage of Compensation of the Participant for the Plan Month corresponding to the rate required for the employer share of both the Social Security and Medicare components of the Federal Insurance Contributions Act, as defined in C.R.S. Section 00-00-000 for that Plan Month. For Participants hired on or before March 31, 1986, the Social Security component of the Employer Contribution will stop once such Participant’s Mandatory Participant earnings have reached the Social Security annual maximum taxable earnings limit.
Appears in 1 contract
Samples: Participation Agreement
Specify one option only. The Participating Employer will contribute 5 % of the Compensation of such Participant for the Plan Month. The Participating Employer’s contribution for each Participant will equal an amount directed by each Participant, with a minimum of % and a maximum of % of the Compensation of such Participant. The Participating Employer will contribute for each Participant: • 4 % of Compensation based on _0_-_1_4attained Years of Service _6 % of Compensation based on _1_5_+_ attained Years of Service % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service For Participants hired after March 31, 1986, the Participating Employer will contribute the percentage of Compensation of such Participant for the Plan Month corresponding to the rate required of the employer share portion of Social Security (Old Age, Survivors, and Disability) under the Federal Insurance Contributions Act, as defined in C.R.S. Section 00-00-000 for that Plan Month. Employer Contributions will stop once the Participant’s earnings have reached the social security annual maximum taxable earnings limit. For Participants hired on or before March 31, 1986, the Participating Employer will contribute the percentage of Compensation of the Participant for the Plan Month corresponding to the rate required for the employer share of both the Social Security and Medicare components of the Federal Insurance Contributions Act, as defined in C.R.S. Section 00-00-000 for that Plan Month. For Participants hired on or before March 31, 1986, the Social Security component of the Employer Contribution will stop once such Participant’s earnings have reached the Social Security annual maximum taxable earnings limit.
Appears in 1 contract
Samples: Participation Agreement
Specify one option only. The Participating Employer Mandatory Participant Contribution will contribute 5 equal 4 % of the Compensation of such Participant for the Plan Month. The Participating Employer’s contribution for each Mandatory Participant Contribution will equal an amount directed by each Participant, with a minimum of % and a maximum of % of the Compensation of such ParticipantParticipant for the Plan Month. Once an election is made, it is an irrevocable election. The Participating Employer Mandatory Participant Contribution will contribute for each Participantequal: • % of Compensation based on attained of Service % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service • % of Compensation based on attained Years of Service For Participants hired after March 31, 1986, the Participating Employer Mandatory Participant Contribution will contribute equal the percentage of Compensation of such Participant for the Plan Month corresponding to the rate required of the employer share portion of Social Security (Old Age, Survivors, and Disability) under the Federal Insurance Contributions Act, as defined in C.R.S. Section 00-00-000 for that Plan Month. Employer Mandatory Participant Contributions will stop once the Participant’s earnings have reached the social security annual maximum taxable earnings limit. For Participants hired on or before March 31, 1986, the Participating Employer will contribute the percentage of Compensation of the Participant for the Plan Month corresponding to the rate required for the employer share of both the Social Security and Medicare components of the Federal Insurance Contributions Act, as defined in C.R.S. Section 00-00-000 for that Plan Month. For Participants hired on or before March 31, 1986, the Social Security component of the Employer Contribution will stop once such Participant’s Mandatory Participant earnings have reached the Social Security annual maximum taxable earnings limit.
Appears in 1 contract
Samples: Participation Agreement