Required Contribution definition

Required Contribution is defined in Section 4.4(a).

Required Contribution on behalf of the Account in respect of a Portfolio for any fiscal year shall mean an amount equal to the expenses of that Portfolio for such year minus the below-indicated percentage of that Portfolio's average daily net assets for the year:

Required Contribution means the payment required of Participating Employers under this Participation Agreement to secure coverage under the terms and conditions of the Plan.

Examples of Required Contribution in a sentence

• The sum of normal cost and UAAL amortization costs is called the Annual Required Contribution (ARC) and is shown below.

• This applies to employers that don’t fully fund the Annual Required Contribution (ARC) through an irrevocable trust.

• The City and plan members shall be contributing the contribution rate based upon the full Annual Required Contribution, beginning on December 20, 2015.

• In subsequent fiscal years, the City and the plan members shall be contributing the full Annual Required Contribution in the ratio currently provided under Section 3.28.385 of the San Xxxx Municipal Code.

• The District does not determine its Annual Required Contribution nor the Net Other Post-Employment Benefit obligation associated with this plan.Accordingly, these amounts are not shown on the financial statements.

More Definitions of Required Contribution

Required Contribution on behalf of the Account in respect of a Portfolio for any fiscal year shall mean an amount equal to the expenses of that Portfolio for such year minus the below-indicated percentage of that Portfolio's average daily net assets for the year: Managed International Portfolio ...................... 1.5% Each other Portfolio ................................. 0.75% multiplied by a fraction the denominator of which is the average daily net assets of that Portfolio and the numerator of which is the average daily net asset value of the Shares of that Portfolio owned by the Account (referred to herein as a "Participating Shareholder"). The Company's Required Contribution in respect of a Portfolio shall be pro-rated based on the number of business days on which this Agreement is in effect for periods of less than a fiscal year.

Required Contribution is the payment required of the Employer Member under this Participation Agreement to secure coverage for Participants and Beneficiaries under the terms and conditions of the AHP.

Required Contribution has the meaning set forth in Section 5.14(a).

Required Contribution means the amount or amounts required to be contributed to

Required Contribution means 6% of a Participant’s Earnings, which percentage may be changed from time to time by duly adopted amendment to the Plan.

Required Contribution has the meaning assigned to such term in Section 2.7.

Required Contribution is defined in Section 5.9(a).