Employer Contribution Rate definition

Employer Contribution Rate means, for the period from January 1, 1995 through December 31, 1996, fifty percent (50%), and, for the period after January 1, 1997, zero percent (0%).

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Employer Contribution Rate or “ECR” shall mean the actuarially determined employer contribution rate for the applicable fiscal year payroll.

Employer Contribution Rate means an amount equal to the annual average of the aggregate employer contributions (excluding contributions deducted from the Participant’s compensation and treated as employer contributions) made on behalf of the Participant for the three (3) fiscal years of the Company immediately preceding the fiscal year of the Change in Control (or the portion of such three fiscal years during which the Participant was employed by the Company) to the Employee Stock Ownership Plan, profit sharing plan and any other retirement plan of the Company Group in effect immediately prior to the Change in Control.

Examples of Employer Contribution Rate in a sentence

Adding the Employer Normal Cost Rate to the percentage equivalent of the Employer Payment of Unfunded Liability results in the Total Employer Contribution Rate.
This Employer Contribution Rate Formula shall continue upon the expiration of this Memorandum of Understanding.
CBS Defined Benefit Pension Plan Sample Contribution Schedule Total Annual Cost Members’ Contribution Rate Employer Contribution Rate % % % 14.00 6.00 8.00 13.00 5.50 7.50 12.00 5.00 7.00 11.75 4.88 6.88 11.50 4.75 6.75 11.25 4.75 6.50 11.00 4.75 6.25 10.75 4.75 6.00 10.50 4.75 5.75 10.25 4.75 5.50 10.00 4.75 5.25 9.75 4.75 5.00 9.50 4.75 4.75 9.00 4.50 4.50 8.00 4.00 4.00 7.00 3.50 3.50 Notes: i) Above contribution rates are prior to utilization of any surplus to reduce contributions.
In the event the City’s Employer Contribution Rate to CalPERS is increased as a result of the provision of this benefit, the Association agrees to pay any initial cost and ongoing cost of the increase.
In addition, it provides for an increase or decrease to those contributions based upon the City’s contribution to SFERS: Employer Contribution Rate for Comparable SFERS Employees $50k < Misc < $100k Misc Safety >$100k Safety Please consult the Charter for complete information and updates.

More Definitions of Employer Contribution Rate

Employer Contribution Rate means the percentage of an Active Member’s pensionable salary, prescribed by the Pension Plan, used to determine periodic contribution obligations to the Fund by the Employers;

Employer Contribution Rate means the Supplier's (or a Sub-contractor's) employer contribution rate from time to time specified in the rates and adjustment certificate applicable to the Supplier calculated under regulation 62 of the LGPS Regulations provided that no account shall be taken of such part of that employer contribution rate attributable to the Ill-Health Allowance

Employer Contribution Rate means the contribution rate calculated in accordance with direction 29;

Employer Contribution Rate. ’ means the percentage of salary that determines the amount the employer contributes to the Cash Balance Benefit Program with respect to each employee who is a participant.

Employer Contribution Rate means the rate determined under Section 10(c) of the Plan.

Employer Contribution Rate means the percentage rate to be determined by the Board for a specific Plan Year in determining the amount of Matching Employer Contributions for such Plan Year, with respect to each separate Employer, under Article V.

Employer Contribution Rate means:- for the duration of this Admission Agreement, the rate of [ %] set by the Administering Authority as a result of an Actuarial Valuation Report of the Pension Fund dated [ ] based on the investment performance of the Pension Fund (OR set by the Administering Authority on [ ].) 1. Business Managers Guide to Retirement [to be inserted on award]