Supplemental Employer Contribution definition

Supplemental Employer Contribution means the Supplemental Employer Contribution determined under Section 3.1.
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Supplemental Employer Contribution means an amount that may be credited to a Participant’s Account by an Employer. Whether a Supplemental Employer Contribution will be made and, if so, the amount of any Supplemental Employer Contribution, is in the sole discretion of the Member.
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Supplemental Employer Contribution means the ---------------------------------- contributions, if any, made by an Employer pursuant to Section 5.2.
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Examples of Supplemental Employer Contribution in a sentence

  • A 457(f) Nonqualified Executive Retirement Plan and a 401(a) Supplemental Employer Contribution Savings Plan is provided to key employees.

  • A Participant may elect to withdraw from his Discretionary Supplemental Employer Contribution Account any portion of such Account which has been held in such account for at least two (2) full years.

  • A Participant may direct the Trustee at any time to transfer a designated percentage or a specific dollar amount from one Fund to another, other than transfers from the portion of a Participant's Employer Matching Contribution Account and Discretionary Supplemental Employer Contribution Account that is not Vested.

  • A Participant who has not yet reached his Severance from Service Date and who has exhausted his withdrawals under Section 9.1 may elect a withdrawal from the Vested portion of his Prior Plan Employer Contribution Account, Employer Matching Contribution Account, and Discretionary Supplemental Employer Contribution Account and the earnings on such contributions at any time, except as provided herein, in accordance with the provisions of this Section.

  • Participants shall be eligible to receive any such Discretionary Supplemental Employer Contribution following completion of one Year of Vesting Service.

  • Most new digital pilot projects are conducted by the VDC-team since its experts are well versed in modern digital construc- tion tools and are able to create and share results and learning material from said pilots.

  • Each Highly Compensated Employee whose Compensation exceeds the lesser of the Compensation limitation in effect under Section 401(a)(17) of the Code or Compensation as taken into consideration under the Pension Plan (i.e., $170,000 in 2007), as adjusted for any cost of living or other increases, shall automatically become eligible to receive a Supplemental Employer Contribution in the Plan Year in which the Compensation limit is exceeded for purposes of benefits under the Pension Plan.

  • A Participant's Account, other than such Supplemental Employer Contribution Account, shall be 100% vested at all times.

  • A Participant may not make withdrawals from the Supplemental Employer Contribution Account before Termination from Service, except upon attainment of age 59½.

  • The Supplemental Employer Contribution for the Plan Year will be allocated to the Accounts of each individual who is both an active Employee and a Participant on the first day of the Plan Year, or a Participant at any time during the Plan Year if such individual was a participant in the Thrifty Payless, Inc.


More Definitions of Supplemental Employer Contribution

Supplemental Employer Contribution means a contribu- tion made by an Employer pursuant to the provisions of Section 3.4 of the Plan.
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Supplemental Employer Contribution means contributions made to the Plan by the Employer on behalf of an Employee pursuant to Section 3.03.
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Related to Supplemental Employer Contribution

  • 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.

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

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

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • 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.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Matching Contributions means local cash and/or in-kind contributions made by the Subrecipient, subcontractor, or other local resources that qualify as match for the Contract funding.

  • 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.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Plan Year means the calendar year.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Elective Contribution means the Employer's contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess "annual additions" pursuant to Section 4.10(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.6 shall be considered an Elective Contribution for purposes of the Plan. Any such contributions deemed to be Elective Contributions shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the discrimination requirements of Regulation 1.401(k)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • 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.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Nonelective Contribution means an amount contributed by a participating

  • Qualified Plan means a Benefit Arrangement that is intended to be tax-qualified under Section 401(a) of the Internal Revenue Code.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

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

  • Elective Contributions are amounts excludible from the Employee's gross income under Code Sections 125, 402(a)(8), 402(h) or 403(b), and contributed by the Employer, at the Employee's election, to a Code Section 401(k) arrangement, a Simplified Employee Pension, cafeteria plan or tax-sheltered annuity. The term "Compensation" does not include:

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

  • Retirement Savings Plan means the Air Products and Chemicals, Inc. Retirement Savings Plan, as amended from time to time, together with any similar, succeeding or substitute plan.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.