Employer Contributions definition
Examples of Employer Contributions in a sentence
Employees shall be immediately vested in these Employer contributions.
EMPLOYER CONTRIBUTIONS (OTHER THAN MATCHING CONTRIBUTIONS) (Plan Section 4.1(b)(3)) (skip to Question 26 if Employer contributions are NOT selected at Question 11.
Industrial Accident Insurance shall be provided for all eligible employees, with payroll deductions and matching Employer contributions provided, as required and to the extent allowable by Federal and/or State regulations and statute.
Except as provided below, the Employer will contribute an amount equal to 7.5% up to the taxable wage base (the contribution and benefit base under Section 230 of the Social Security Act at the beginning of such Plan Year) of each eligible Participant's Compensation for the entire Plan Year, reduced by mandatory Employee contributions that are picked-up under Code §414(h) and Employer contributions to this Plan actually contributed to the Participant's Account during such Plan Year.
Employer contributions together with interest and investment gains or losses thereon, which are forfeited by terminating non-vested Members upon cessation of employment with the Employer shall be credited to the Employer and the Employer may reduce any future Employer contributions to the Pension Plan by the amount of forfeitures so credited from time to time.