Pension Plan Contribution definition

Pension Plan Contribution means Four Hundred Thousand Dollars ($400,000).
Sample 1
Pension Plan Contribution means an amount equal to the amount of any contribution that Operator or a Subsidiary is required to make to any Pension Plan to satisfy the requirements of Section 412 of the Internal Revenue Code of 1986, as amended, to the extent that the amount of such contribution is attributable to the Owner under this Agreement (as calculated and allocated consistent with the principles and methodology set forth in Attachment A.).
Sample 1

Examples of Pension Plan Contribution in a sentence

  • For Apprentice Pension Plan Contribution, refer to Article 29.04(a).

  • The LTD Plan will pay qualifying teachers a maximum amount equivalent to sixty percent (60%) of their salary plus their Teachers' Pension Plan Contribution.

  • To be Completed by Employer -------------------------------------------------------------------------------- XXXXXXX FLEXI-PLAN ================== Money Purchase Pension Plan Contribution Form Return this form to: Xxxxxxx Fund Distributors, Inc.

  • Such discussion will involve a review of Canada Pension Plan Contribution increases and the subsequent impact on total pension contribution by the employee and the Co-operative.

  • Accident Insurance and Life Insurance Contributions were borne by PT Sumbedaya Dian Mandiri, while Pension Plan Contribution of 2% and Social Security Agency (BPJS) contribution of 1% were borne by Nining Sri Rahayu and Regina Aulia Ansori.

  • Actuarially Determined Pension Plan Contribution Requirements and Contributions Made:The Plan’s funding policy provides for the County to contribute the actuarially determined contributions to the Pension Plan each year.

  • If Carrera, Luna, and Xxxxxx timely dismiss with prejudice and withdraw the Pension Plan Contribution Trust Arbitration, then within three (3) business days after the deadline for such timely dismissal with prejudice and withdrawal, LYNX shall file a Notice of Voluntary Dismissal with Prejudice in Case No. 18-CA-011245-O, which is pending in the Circuit Court of the Ninth Judicial Circuit, in and for Orange County, Florida (the “Second Action”) in the form attached hereto as Exhibit D.

  • Commencing on the Plan Merger Date, any amounts previously transferred from the Pension Plan together with all earnings and appreciation thereon, less any withdrawals, loans and other distributions and less any losses, depreciation or expenses shall thereafter be maintained as the Prior Pension Plan Contribution Account established on behalf of such Employee.

  • While some of this outcome was due to plan performance below market norms, these investment return shortfalls were primarily because the financial markets overall did not produce returns as strong as in prior 3 Society of Actuaries, U.S. Public Pension Plan Contribution Indices, 2006-2014, June 2017.

  • A similar study was recently released by the Society of Actuaries, U.S. Public Pension Plan Contribution Indices, 2006-2014.

Related to Pension Plan Contribution

  • Pension Plan means any “employee pension benefit plan” (as such term is defined in Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by the Borrower or any ERISA Affiliate or to which the Borrower or any ERISA Affiliate contributes or has an obligation to contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five plan years.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • pension means a pension or annual allowance paid under the Public Service Superannuation Act (PSSA), R.S., 1985, c. P-36, and any increases paid pursuant to the Supplementary Retirement Benefits Act, R.S., 1985, c. S-24 as it affects the PSSA. It does not include pensions payable pursuant to the Canadian Forces Superannuation Act, R.S., 1985, c. C-17, the Defence Services Pension Continuation Act, 1970, c. D-3, the Royal Canadian Mounted Police Pension Continuation Act , 1970, c. R-10, and the Royal Canadian Mounted Police Superannuation Act, R.S., 1985, c. R-11, the Members of Parliament Retiring Allowances Act, R.S. 1985, c. M-5, and that portion of pension payable to the Canada Pension Plan Act, R.S., 1985, c. C-8.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Canadian Benefit Plan means any plan, fund, program, or policy, whether oral or written, formal or informal, funded or unfunded, insured or uninsured, providing material employee benefits, including medical, hospital care, dental, sickness, accident, disability, life insurance, pension, retirement or savings benefits, under which any Borrower has any liability with respect to any employee or former employee, but excluding any Canadian Pension Plans.

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Pension Plans The meaning specified in Section 4.1(v).

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Elective Contribution means the Employer's contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.6 shall be considered an Elective Contribution for purposes of the Plan. Any such contributions deemed to be Elective Contributions shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the discrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Defined Contribution Plan Fraction means a fraction, the numerator of which is the sum of the annual additions to a Participant’s accounts under all Defined Contribution Plans maintained by one or more Affiliated Companies, and the denominator of which is the sum of the lesser of (i) or (ii) for such Plan Year and for each prior Plan Year of Service with one or more Related Companies, where (i) is the product of 1.25 multiplied by the dollar limitation in effect under Section 415(c)(1)(A) of the Code for the Plan Year (determined without regard to Section 415(c)(6) of the Code), and (ii) is the product of 1.4 multiplied by the amount which may be taken into account under Section 415(c)(1)(B) of the Code (or Section 415(c)(7) of the Code, if applicable) with respect to the Participant for the Plan Year. Solely for purposes of this definition, contributions made directly by an Employee to a Defined Benefit Plan which maintains a qualified cost-of-living arrangement as such term is defined in Section 415(k)(2) shall be treated as Annual Additions. Notwithstanding the foregoing, the numerator of the Defined Contribution Plan Fraction shall be adjusted pursuant to Treasury Regulations 1.415-7(d)(1) and Questions T-6 and T-7 of Internal Revenue Service Notice 83-10.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Qualifying contribution means, with respect to a

  • Qualified Plan means a Benefit Arrangement that is intended to be tax-qualified under Section 401(a) of the Internal Revenue Code.

  • Pension program means the defined benefit pension program of the Oregon Public Service

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in the aggregate as are payable thereunder prior to a Change in Control;

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.