Credited Earnings definition

Credited Earnings means the gains or losses applied to a Participant’s Account pursuant to Section 7.2.
Credited Earnings means the earnings or loss amounts credited to a Participant’s Account, as provided in Article 5.
Credited Earnings is the monthly average of basic salary and production supplements paid to you in the 60 months in which your earnings were highest.

Examples of Credited Earnings in a sentence

  • For 2005, Credited Earnings shall be determined under the prior provisions of the Plan.

  • Credited Earnings shall be allocated to a Participant’s Account pursuant to the performance of the benchmark funds selected by the Participant.

  • After December 31, 2006, Credited Earnings shall be calculated at a rate equal to the London Interbank Offered Rate (“LIBOR”) for one year deposits as shown in the “Money Rates” column of The Wall Street Journal on the first day of each calendar quarter that The Wall Street Journal is published, and without regard to the actual effective date of the rate for such LIBOR contracts.

  • The Board of Directors of the Corporation may at any time change the method of calculating Credited Earnings on all Accounts prospectively, provided that the same method of calculating Credited Earnings shall apply to all Participants.

  • The Holder and the Borrower shall maintain records showing the principal and/or interest amount(s) converted and the date of such conversion(s) in the form attached hereto as Annex I (the “Conversion and Repayment Ledger”).


More Definitions of Credited Earnings

Credited Earnings means the amount of earnings credited to the Participant's Plan Account as of the date specified for such purpose in the applicable provision of the Plan. Credited Earnings shall be determined based upon the deemed investment elections made by the Participant in accordance with the provisions of Article IV. Except as otherwise provided in Section 4.1, Credited Earnings shall be accounted for and credited to a Participant's Plan Account beginning upon the date that the Participant's deemed investment elections pursuant to Article IV are implemented within the Trust.
Credited Earnings means the earnings or loss amounts credited to a Member’s Account, as provided in Section 5.3.
Credited Earnings is the monthly equivalent of the average bi-weekly earnings paid to you in the 130 pay periods in which your earnings were highest.
Credited Earnings means the amount of earnings credited to the Participant's Plan Account as of the date specified for such purpose in the applicable provision of the Plan. Credited Earnings shall be determined for each Plan Year based upon the monthly average of the 10-year Treasury Note for the prior calendar year, plus 2-1/2%. Except as otherwise provided in Section 4.1, Credited Earnings shall be accounted for and credited to a Participant's Plan Account with respect to (a) Company Deferrals, from the date on which such amounts would have been contributed to the Thrift Plan on behalf of the Participant, (b) Participant Deferrals, from the date on which such amounts would have otherwise been paid to the Participant by the Company, and (c) amounts transferred from plans merged with and into this Plan, from the date of the plan mergers as set forth in the Appendices to this Plan.
Credited Earnings means the earnings or losses credited to a Participant’s Account pursuant to Section 7.3.
Credited Earnings means the earnings or losses credited to a Participant’s Account, as provided in Plan section 5.3.