Examples of Undistributed Earnings in a sentence
This increase was offset by a decrease in the Undistributed Earnings Account.
The fair or market value of assets based on the municipal and member accounts for each pension plan and an allocated portion of the Retired Members’ Reserve Account, the Disability Reserve Account, and the Undistributed Earnings Account.
The administrative expenses consist of two pieces: (1) the PMRS administrative expenses (i.e., the $20 per participant charge paid directly by the municipality) and (2) the additional administrative expenses in excess of the PMRS administrative expense that are paid through the Undistributed Earnings.
The administrative expenses consist of two pieces: (1) the PMRS administrative expenses (i.e. the $20 per participant charge paid directly by the municipality) and (2) the additional administrative expenses in excess of the PMRS administrative expense that are paid through the Undistributed Earnings.
This increase in the Allocated Retiree Reserve was offset by a decrease in the Undistributed Earnings.
For purposes of this Section 3(b)(ii), a Distribution made by the Company shall not be treated as a Distribution funded with the Net Proceeds from an Approved Sale of the Company's assets to the extent of the Company's Undistributed Earnings as of the Distribution date.
For purposes of this Section 4(b)(ii), a Distribution made by the Company shall not be treated as a Distribution funded with the Net Proceeds from an Approved Sale of the Company's assets to the extent of the Company's Undistributed Earnings as of the Distribution date.
If no Undistributed Earnings are available, this reserve may be unfunded.
The County Employees Retirement Law provides that when the Contingency Reserve exceeds one percent of total assets, the retirement board may transfer all or any part of the surplus as specified in Government Code § 31592.2. Additions to this reserve are transfers from the Undistributed Earnings.
For purposes of this Section 4(e), a Distribution made by the Company shall not be treated as a Distribution funded with the Net Proceeds from an Approved Sale of the Company's assets to the extent of the Company's Undistributed Earnings as of the date of the Distribution.