Examples of Non-Elective Contribution in a sentence
Nonelective Contributions will be allocated to the Nonelective Contribution Accounts of each Participant eligible to share in such allocations as soon as administratively feasible after the end of each pay period.
I members with membership dates prior to June 17, 1971, Employer Non-elective Contribution hereunder will be reported as non-regular compensation to the New York State Teachers’ Retirement System.
The amount of the Employer Non-elective Contribution shall equal the accumulated amount as specified in Article 13.12 and 13.13 of the Collective Bargaining Agreement.
The Employer may, in its sole discretion, make a Nonelective Contribution to the Plan on your behalf.
You are always fully (100%) vested in your Rollover Contribution Account and Nonelective Contribution Account.