Participant Contributions definition
Examples of Participant Contributions in a sentence
Participant Contributions will be allocated to the Divisions and Sub-Accounts according to the percentages requested by the Participant.
Escalation of Participant Contributions will occur whether the Participant was making Before-Tax Contributions under Automatic Enrollment or by affirmatively completing a Contribution Election form.
The vesting schedule does not apply to Elective Deferrals, Catch-up Contributions, Mandatory Participant Contributions, Rollover Contributions, Voluntary Participant Contributions, Deductible Employee Contributions, Employee Designated Final Pay Contributions, and Employee Designated Accrued Leave Contributions, and the earnings thereon.
No Participant Contributions can be used to fund the Management Fee.
Upon electing to invest in the SPL, Participant Contributions shall be invested in the applicable Variable Investment Option listed on Appendix A according to the Participant’s birth year.