Retirement fund definition
Examples of Retirement fund in a sentence
It shall be understood that this LNIPF is in addition to the current Illinois Municipal Retirement Fund (IMRF) pension plan and that all members of the bargaining unit will participate in the contributions to the LNIPF.
Temporary employees who work for the City more than 1,000 hours in a twelve (12) month period will be enrolled in the Illinois Municipal Retirement Fund (IMRF).
Beginning January 1, 2012, all eligible employees will contribute 5.8% of their earnings toward their Wisconsin Retirement Fund Plan.
Each eligible Member of the DGC may elect in writing to have the Member’s compensation reduced by means of a payroll deduction and to have the deducted amounts paid on the Member’s behalf to the Retirement Fund.
The employee may make arrangements with the Illinois Municipal Retirement Fund for pension credit at his/her own expense, except as may otherwise be required by law.