Local Money Purchase Plan definition

Local Money Purchase Plan means a money purchase plan established pursuant to Part 6 of C.R.S. 31-31 or to C.R.S. 31-30.5.
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Local Money Purchase Plan means a money purchase plan established pursuant to Part 6 of
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Examples of Local Money Purchase Plan in a sentence

  • An Employer who has established a Local Money Purchase Plan, or otherwise eligible, or who has withdrawn into the Statewide Money Purchase Plan may apply to the Board to (i) cover the Employer's Members of its Local Money Purchase Plan or the Statewide Money Purchase Plan in the FPPA Defined Benefit System and to (ii) select a Plan within the System for the Employer's Members.

  • Local Money Purchase Plan Money Purchase Component of the Statewide Hybrid Plan Defined Benefit Component of the Statewide Hybrid Plan Statewide Defined Benefit Plan You may designate a beneficiary to receive the vested balance in your money purchase account upon your death.

  • Local Money Purchase Plan Statewide Money Purchase Plan & Money Purchase Component of the Statewide Hybrid Plan Defined Benefit Component of the Statewide Hybrid Plan Statewide Defined Benefit Plan Not applicable Not applicable.

  • The Member may also elect to use the vested proceeds from Member’s Local Money Purchase Plan or Statewide Money Purchase Plan to purchase additional Years of Service Credit towards the accrual of a defined benefit under the FPPA Defined Benefit System.

  • Local Money Purchase Plan Money Purchase Component of the Statewide Hybrid Plan Defined Benefit Component of the Statewide Hybrid Plan Statewide Defined Benefit Plan .

  • An Active Member at the time of retirement may also elect to use the vested proceeds from his/her Local Money Purchase Plan or Statewide Money Purchase Plan to purchase additional Years of Service Credit towards the accrual of a defined benefit under the FPPA Defined Benefit System.

  • Local Money Purchase Plan Money Purchase Component of the Statewide Hybrid Plan Defined Benefit Component of the Statewide Hybrid Plan Statewide Defined Benefit Plan The normal retirement age is 55, but you may terminate employment at any age and receive a benefit immediately.

  • Local Money Purchase Plan Money Purchase Component of the Statewide Hybrid Plan Defined Benefit Component of the Statewide Hybrid Plan Statewide Defined Benefit Plan Not applicable Not applicable Once you meet the requirements for a normal retirement or vested retirement and age 55 or early retirement, and if your employer approves your written DROP Agreement, you may elect to enter the Deferred Retirement Option Plan (DROP) in lieu of accruing the additional percentage for your retirement benefit.

  • Local Money Purchase Plan Money Purchase Component of the Statewide Hybrid Plan Defined Benefit Component of the Statewide Hybrid Plan Statewide Defined Benefit Plan Upon termination of employment, you do not actually receive a “refund” of contributions under this plan.

  • Local Money Purchase Plan Money Purchase Component of the Statewide Hybrid Plan Defined Benefit Component of the Statewide Hybrid Plan Statewide Defined Benefit Plan For vesting purposes, your years of service with successive employers will be aggregated if the employers covered their employees under this plan or the Statewide Defined Benefit Plan You may roll your vested account balances into any other IRS approved plan (e.g. an IRA, a 401, 457 etc.) with any other employer upon termination.

Related to Local Money Purchase Plan

  • Stock Purchase Plan means the employee stock purchase plan to be established by Water Pik pursuant to Section 2.2.

  • Employee Stock Purchase Plan means a plan that grants Purchase Rights intended to be options issued under an “employee stock purchase plan,” as that term is defined in Section 423(b) of the Code.

  • Option Plan has the meaning ascribed to it in section "4.7" hereinbelow;

  • Investment Plan means the document in terms of which the special purpose vehicle will invest in unlisted investments and all matters incidental thereto;

  • Stock Purchase has the meaning set forth in the Recitals.

  • Common Stock Purchase Agreement means an agreement among the Investor and/or PJC, Emergent and any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer and elects to participate, substantially in the form attached hereto as Exhibit A, pursuant to which Emergent will issue and sell (a) to the Investor and/or PJC, in the aggregate, 75,000,000 Shares at a price of $0.20 per share, and (b) to any Convertible Note Holder who accepts and exchanges all of its Convertible Notes in the Convertible Note Exchange Offer that so requests, for every $1,000.00 of principal amount of Convertible Notes that it tenders into the Convertible Note Exchange Offer, 500 Shares at a price of $0.20 per share; provided, that the aggregate maximum number of Shares to be so issued and sold to the Convertible Note Holders who accept and exchange all of their Convertible Notes in the Convertible Note Exchange Offer pursuant to the Common Stock Purchase Agreement shall not exceed 40,000,000.

  • Stock Option Plan means any stock option plan now or hereafter adopted by the Company or by the Corporation, including the Corporate Incentive Award Plan.

  • Micro-purchase means a purchase of supplies or services, the aggregate amount of which does not exceed the micro-purchase threshold. Micro-purchases comprise a subset of a district's small purchases as defined in 2 C.F.R. 200.320.

  • Stock Purchase Date has the meaning specified in the Stock Purchase Contract Agreement.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Stock Option Plans means any stock option plan now or hereafter adopted by the Partnership or the General Partner.

  • Stock Purchase Agreements the meaning set forth in the recitals to this Agreement.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • Option Plans has the meaning set forth in Section 2.6 below.

  • Automatic Investment Plan means a program in which regular periodic purchases (or withdrawals) are made automatically in (or from) investment accounts in accordance with a predetermined schedule and allocation. An Automatic Investment Plan includes a dividend reinvestment plan.

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Restoration Plan means all technical and organisational measures necessary for the restoration of the system back to normal state;

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • ESOP means a Plan that is intended to satisfy the requirements of Section 4975(e)(7) of the IRC.

  • Long-term contract means a contract with a duration period exceeding one year;

  • Subscription Plan means a fixed term plan which relates to the Licensed Services as specified in the PGi Service Agreement

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Investment Management Agreement or IMA means the Investment Management Agreement (IMA) dated December 9, 2002, executed between UTI Trustee Company Private Limited and UTI Asset Management Company Limited.