ERFC 2001 definition

ERFC 2001 means the benefit structure of the Educational Employees of Fairfax County Defined Benefit Plan which is described in this Plan Document, and which is effective July 1, 2001.
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ERFC 2001 means the benefit structure under the Educational Employees of Fairfax County Defined Benefit Plan, which is effective for certain employees after June 30, 2001, as provided in Article II. It is described in a separate plan document.
Sample 1Sample 2Sample 3
ERFC 2001 means the benefit structure under the Educational Employees of Fairfax County Defined Benefit Plan, which is effective for
Sample 1

Examples of ERFC 2001 in a sentence

  • If the Plan is terminated at any time or there is a complete discontinuance of contributions to the Plan, the rights of all Members to the benefits accrued under ERFC and ERFC 2001 to the date of termination or discontinuance, to the extent then funded, shall be fully vested and non-forfeitable.

  • The purpose of these regulations is to provide uniform and non-discriminatory rules to govern the circumstances under which a trust may receive:(1) benefits on behalf of surviving Spouses or other dependents who are eligible to receive monthly benefits; or(2) a return of contributions on behalf of other persons, which may be payable as a result of a Member’s death in service, pursuant to Article VIII or Article IX of the ERFC Plan Document, or Article V of the ERFC 2001 Plan Document.

  • These regulations are adopted to specify the method for calculating and crediting the “additional amount” provided by §1.01(b) in the ERFC 2001 Plan Document effective through June 30, 2004, especially in cases of Members who terminate Eligible Employment and later return, either once or multiple times; and also to specify the rate of interest that will be charged to Members who re-deposit withdrawn contributions.

  • You should provide your attorney with a copy of this fact sheet, the ERFC regulations regarding trusts for death in service (Regulations 8.01A through 8.01F), and trusts for survivor benefits following retirement under one of the optional forms of pensions (Regulations 1.24A through 1.24D), and Articles IV, VIII and IX of the ERFC Plan Document, or Article V of the ERFC 2001 Plan Document, depending on which plan applies to you.

  • A Member who terminates Eligible Employment at any time and for any reason may apply for a refund of Accumulated Contributions, in lieu of any other benefit that would be payable from ERFC 2001.

  • The name of the Plan is the “EDUCATIONAL EMPLOYEES OF FAIRFAX COUNTY DEFINED BENEFIT PLAN.” It is a single Plan with two benefit structures: ERFC and ERFC 2001.

  • The purpose of ERFC 2001 is to provide a systematic plan for retirement benefits for its Members, and under the conditions set forth herein, to provide a Pension upon retirement, the amount of which takes into account the Member's years of Credited Service and compensation from the Employer.

  • As used in this Article, the term “Members” includes the members of ERFC as well as the Members of ERFC 2001.

  • Any Member of ERFC 2001 who (a) terminates Eligible Employment and (b) thereafter returns to Eligible Employment without having received a refund of Accumulated Contributions, shall be reinstated as a Member of ERFC 2001 with all Credited Service that had accrued before termination of Eligible Employment.

  • Effective July 1, 2017, all employees who earned Credited Service under ERFC 2001 for periods prior to July 1, 2017, and return to Eligible Employment after June 30, 2017, after having received a refund of Accumulated Contributions, shall be treated as an employee who entered Eligible Employment on or after July 1, 2017, for all purposes under the Plan.

Related to ERFC 2001

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  • TFEU means the Treaty on the Functioning of the European Union;

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  • NI 51-102 means National Instrument 51-102 – Continuous Disclosure Obligations;