Permanent fund definition

Permanent fund means a fund used to report resources that are legally restricted to the extent that only earnings, and not principal, may be used for purposes that support the reporting district board of education’s programs.]
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Permanent fund means the permanent technical institution infrastructure fund.
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Permanent fund defined. "Permanent fund" means a fiduciary fund type used to report resources that are legally restricted to the extent that only earnings, and not principal, may be used for purposes that support the reporting government=s programs, that is, for the benefit of the government or its citizenry.
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Examples of Permanent fund in a sentence

  • Permanent fund restricted net position are segregated between nonexpendable and expendable.

  • Also, the principal portion of assets of the Permanent fund is classified as restricted assets because their use is restricted by donors.

  • Moral-hazard is an index based on the first principal component of the following design features: Coverage ratio, Administration, Membership, Foreign currency deposits, Interbank deposits, Coinsurance, Permanent fund, and Funding.

  • Permanent fund restricted net assets are segregated between nonexpendable and expendable.

  • Permanent fund earnings, available for appropriation by the legislature, fund the annual permanent fund dividend (a cash payment to all residents) and an appropriation for inflation proofing.

  • The following income and deductions are monthly yearly.A. Income (Do not list ATAP or SSI below.) Party A Party BGross wages $ $ Value of employer-provided housing/food/etc.1 $ $ Unemployment compensation $ $ Permanent fund dividend (PFD) $ $ Other: $ $ $ $ TOTAL INCOME $ $ B.

  • Permanent fund - The Township utilizes the Cemetery Perpetual Care fund to account for principal trust amounts received and related interest.

  • The Permanent fund balance will be classified as two components: Principal and Earnings.Principal = contributions + mandatory principal additions Earnings = investment returnsFunds available for distribution = Excess earnings not added to principal or otherwise distributedThe fund balance between principal and earnings will be accounted for as follows:Each calendar year the fund will have an investment return.

  • Permanent fund restricted net position is segregated between nonexpendable and expendable.

  • Other income, including prizes and awards; gambling, lottery or raffle winnings; jury duty fees; Alaska Permanent fund dividends; reimbursements for amounts deducted in previous years; income from the rental of property if not in the business of renting such property; and income from an activity not engaged in for profit.


More Definitions of Permanent fund

Permanent fund means those funds derived from lands under the direction, control, care and disposition of the commissioner of public lands conferred by Article 13, Sections 1 and 2 of the constitution of New Mexico; and
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Permanent fund means the Homer permanent fund established by HCC 3.12.010.
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Related to Permanent fund

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • permanent resident means a natural person whose residence in a Party is not limited as to time under its law;

  • Permanent residence means a place where the person abides, lodges, or resides for 5 or more consecutive days.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Retirement fund means the "Washington law enforcement

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess “annual additions” pursuant to Section 4.11(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.7(b) which is used to satisfy the “Actual Deferral Percentage” tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the “Actual Deferral Percentage” tests or the “Actual Contribution Percentage” tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5) and Regulation 1.401(m)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Current Funds means wire transfers, certified funds or cashier's checks in a form acceptable to the Title Company which would permit the Title Company to immediately disburse such funds.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • 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.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Payment Fund has the meaning set forth in Section 2.02(a).

  • Permanent status means the state or condition achieved by an employee in the classified service who has successfully completed an initial probationary period or a probationary period required following reinstatement, or whose probationary period is waived through specific statutory direction.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Improvement Fund means the Improvement Fund for General Obligation Temporary Notes, Series 2017-1 created pursuant to Section 501 hereof.

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Permanent Total Disablement means a bodily injury caused by accidental, external, violent and visible means, which as a direct consequence thereof totally disables and prevents the insured from attending to any business or occupation of any and every kind or if he/she has no business or occupation, from attending to his/her usual and normal duties that last for a continuous period of twelve calendar months from the date of the accident, with no hopes of improvement in future

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • 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.

  • Initial Capital Contributions has the meaning set forth in Section 3.01.

  • Nonelective Contribution means an amount contributed by a participating

  • Permanent sign means any structure, display, logo, device or representation which is designed or used to advertise or call attention to any item, business, activity or place and is visible from outside a building that is intended to be in place for a period that is longer than 30 days. [Amended Eff. 11/10/2007]

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.