Pickup contributions definition

Pickup contributions means regular member's contributions which are assumed and paid by the employer in lieu of employee contributions through a salary reduction from active members for services rendered on or after December 23, 1984.
Pickup contributions means regular member contributions which are made by the county on behalf of county employees for current service in accordance with section 414(h)(2) of the code and section 7(c) hereof.
Pickup contributions means regular member contributions which are made by the county on behalf of county employes for current service in accordance with section 7(c).

Examples of Pickup contributions in a sentence

  • Pick-up contributions shall be included in earnings for retirement purposes for all non-certificated staff.

  • Pick-up contributions shall be included in earnings for retirement purposes for all classified staff.

  • If sent to the Supplier, sent to their registered or head office address, and if sent to the Buyer sent to the address detailed on the Purchase Order.

  • Pick-up contributions paid to the taxpayer by the Maine Public Employees Retirement System or distributed as the result of a rollover, whether or not included in federal adjusted gross income, that have been previously taxed under this Part .

  • What we find in reality are historically constructed mixes, being the pure types theoretical references for empirical analysis.

  • Pick-up contributions shall be treated as the employer's contribution in determining tax treatment under the United States Internal Revenue Code for federal tax purposes, pursuant to 26 U.S.C. Section § 414(h)(2).

  • Pick-up contributions are not mandated to receive private letter rulings; however, if an adopting Employer wishes to receive a ruling on pick-up contributions, they may request one in accordance with Revenue Procedure 2012-4 (or subsequent guidance).

  • Pick-up contributions under Section530.010.T of the Plan are not includible as compensation for purposes of IRC 415(c)(3).

  • Pick-up contributions shall continue until death, disability or termination of service, whichever shall occur first.

  • Pickup contributions shall be treated as the employer's contribution in determining tax treatment under the United States Internal Revenue Code for federal tax purposes, pursuant to 26 U.S.C. 5414(h)(2).


More Definitions of Pickup contributions

Pickup contributions means member contributions which are made by the City on behalf of its employees for current
Pickup contributions means member contributions which are made by the City on behalf of the City employees for current service. For federal income tax purposes, such contributions
Pickup contributions means regular member
Pickup contributions means regular or joint coverage member contributions and shared risk member contributions, as applicable for participation in the System, which are made by the Employer to the Fund for Active Members for current service.

Related to Pickup contributions

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Regular contributions means the amounts required to be

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

  • Employer Contributions means the amount transferred by an employer to a funding account or a health reimbursement account.

  • Accumulated contributions means the sum of all

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Additional contributions means contributions made by a member of a defined benefit plan to

  • After-Tax Contributions means amounts withheld from an Employee’s Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • 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.