Mandatory Contributions definition

Mandatory Contributions means the Employee after-tax contributions credited to the Employee Mandatory Contributions Account in accordance with Section 3.01 of the Plan.
Mandatory Contributions shall have the meaning assigned to that term in Section 11.01(b).
Mandatory Contributions means after-tax contributions made by an Employee to the Plan under Section 3.01.

Examples of Mandatory Contributions in a sentence

  • The Employer, under Adoption Agreement Section 4.05, may prescribe special distribution restrictions which will apply to the Mandatory Contributions Account prior to the Participant's Separation from Service.

  • Following his Separation from Service, the general distribution provisions of Article VI apply to the distribution of the Participant's Mandatory Contributions Account.

  • A Participant has a 100% Nonforfeitable interest at all times in his Deferral Contributions Account, his Qualified Matching Contributions Account, his Qualified Nonelective Contributions Account and in his Mandatory Contributions Account.

  • Mandatory Contributions: Members are required to contribute 8.65% of their base salaries.

  • The minimum allocation applies even though under other Plan provisions the Participant would not otherwise be entitled to receive an allocation, or would have received a lesser allocation for the year because the Participant fails to make Mandatory Contributions to the Plan, the Participant's Compensation is less than a stated amount, or the Participant fails to complete 1,000 Hours of Service (or such lesser number designated by the Employer in the Adoption Agreement) during the Plan Year.


More Definitions of Mandatory Contributions

Mandatory Contributions means contributions designated as Employee contributions which are being paid by the Employer in lieu of Employee contributions and are credited to the Employee Mandatory Contributions Account in accordance with Section 3.01(a) of the Plan.
Mandatory Contributions are contributions which Employees must make in order to participate in this Plan or receive an Employer Contribution.
Mandatory Contributions means Employer’s Mandatory Contributions and Member’s Mandatory Contributions;
Mandatory Contributions means the contributions made by certain Participants as a condition of Participation pursuant to Article X.
Mandatory Contributions means the contributions that certain Eligible Employees are required to make as a term and condition of employment pursuant to Section 2.2.
Mandatory Contributions means the Employee after-tax contributions credited to the Employee Mandatory Contributions Account in accordance with Section 3.01 of the Plan.made by an Employee to the Plan under Section 3.01.
Mandatory Contributions means Employer’s Mandatory Contributions, Member’s Mandatory Contributions and Special Contributions;