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 employes for current service in accordance with section 7(c).
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.

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.

  • 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 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).


More Definitions of Pickup contributions

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 member contributions which are made by the City on behalf of its employees for current
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.