Examples of Participation Year in a sentence
End of Participation Year Charge ------------------ ------ (Participation Date) 6.0% 1 5.0% 2 4.0% 3 3.0% 4 2.0% 5 1.0% 6 0% In no event will the amount of deferred sales charge exceed 9% of the total purchase payments made on your behalf.
The Pre-Retirement Distribution may not be made prior to the eighth (8th) Participation Year.
A Participant may elect to receive a Pre-Retirement Distribution from the Plan to be received in or after the eighth Participation Year.
Agency may decrease its Max-Plan Account balance only during the first 10 calendar days of each calendar quarter during the Participation Year.
A monthly statement showing account balances and estimated profit sharing earnings shall be provided to the Agency by Capital Premium during the Participation Year.