Employee Contributions Benefit definition

Employee Contributions Benefit means the sum of the following amounts (net of any previous distributions):
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Examples of Employee Contributions Benefit in a sentence

  • The Accumulated Employee Contributions Benefit shall be fully Vested at all times.

  • Withdrawals from the Accumulated Employee Contributions Benefit are not permitted prior to termination of employment.

  • The Employee Mandatory Contributions shall be credited to the Participant's Accumulated Employee Contributions Benefit.

  • The Participant’s contributions referred to in subsection A.(1) of this Section 2.28.200 shall be separately accounted for, but shall be made a part of the Participant’s Employee Contributions Benefit, which shall be part of the Accrued Benefit of the respective Participant.

  • Notwithstanding any provision to the contrary herein or any provision of the retirement plan sponsored by such other Maryland Employer, the Plan shall not be required to transfer to such other Maryland Employer any Accrued Benefits with respect to the Participant, other than the Participant’s Employee Contributions Benefit plus his or her Transferred Benefit.

  • The single life annuity with refund option is a monthly income payable during the Participant’s lifetime, and, as soon as administratively feasible following the Participant’s death, the Participant’s Beneficiary will receive a lump sum payment of an amount which is the unpaid balance of the Participant’s Employee Contributions Benefit plus his or her Transferred Benefit.

  • This study proposes a performance-evaluation framework for software engineers functioning in an agile- development environment using the Scrum development method.

  • A Participant's Accrued Benefit derived from Employee Contributions shall be equal to the Accumulated Employee Contributions Benefit and Employee Mandatory Contribution Benefit.

  • Notwithstanding the preceding, if a Participant who elects to receive payment in the normal form of benefit payment dies before receiving in payments the value of his or her Employee Contributions Benefit, determined at the time of his or her Annuity Starting Date, the balance of the value of his or her Employee Contributions Benefit shall be paid to his or her Beneficiary.

  • A Participant who has reached a Termination Date without being credited with at least five Years of Service automatically will have a Cash-Out of his or her Employee Contributions Benefit which will be paid as soon as administratively feasible following the Termination Date.

Related to Employee Contributions Benefit

  • Employee Contribution means any contribution made to the Plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained under a separate account to which earnings and losses are allocated.

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.

  • Matching Contributions means local cash and/or in-kind contributions made by the Contractor, a subcontractor, or other local resources that qualify as match for the Contract funding.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • superannuation benefit means any payment, other than a refund of contributions, made to a dentist by virtue of the application of the (a) National Health Service Pension Scheme Regulations 1995; or (b) the National Health Service Superannuation Scheme (Scotland) Regulations 1995 or (c) the corresponding provisions of the law in force in Northern Ireland; as a result of his providing general dental services;