Member contribution definition

Member contribution means a contribution under regulation 32;
Member contribution means a contribution under regulation 63;
Member contribution means an amount reduced from the employee's regular pay periods and deposited into the member's individual annuity account within the Teachers' Defined Contribution Retirement System.

Examples of Member contribution in a sentence

  • A Member shall cease to qualify for participation in the Trust when it fails to make the requisite Member Contribution on the date when due or within 30 days of payment due date.

  • In addition to the initial Member Contribution, each Member shall pay to the Trust on such days as shall be decided upon by the Trustees, such periodic Member Contributions of installments as the Trustees shall deem necessary, to the extent allowed by law.


More Definitions of Member contribution

Member contribution means an amount reduced from the employee’s regular pay
Member contribution means the payment by the member into the retiree health
Member contribution means the payment by the member into the retiree health benefits fund pursuant to sections 54-52-02.9 and 54-52-17.4.
Member contribution means an amount equal to the subscription minus the monthly employer contribution;
Member contribution means an amount reduced from the employee's regular pay
Member contribution means an Elective Deferral or a Savings Contribution, individually or collectively, as the context requires.
Member contribution means the money paid to the association which THAT equals a percentage of the member's salary as determined pursuant to the provisions of section 24-51-401 (1.7). "MEMBER CONTRIBUTION" DOES NOT INCLUDE WORKING RETIREE CONTRIBUTIONS AS DEFINED IN SUBSECTION (53) OF THIS SECTION.