University Match Contributions definition

University Match Contributions means the contributions made by the University on behalf of each Participant in accordance with Section 4.2.
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University Match Contributions means contributions made by the University to the Plan on behalf of eligible Participants who make Employee Contributions as further described in the University Match Contributions Section.
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Examples of University Match Contributions in a sentence

  • Participant Contributions in excess of 2% of Basic Compensation may be made by such Participant but shall not be eligible to share in University Match Contributions.

  • Participant Contributions in excess of 4% of Basic Compensation may be made by such Participant but shall not be eligible to share in University Match Contributions.

  • Classic examples are the effective attraction between monomers of poly- mer coils in poor solvent, which leads to collapse below the Θ-temperature,1 or the attraction between hydropho- bic surfaces in water.2 The effective attraction ultimately leads to phase separation of the solvent and solute as the concentration of the latter increases.

  • A Participant who returns from a qualified military service (as defined in Code Section 414(u)) shall be permitted to make retroactive Participant Contributions (and to receive corresponding University Match Contributions) to the extent permitted under Code Section 414(u).

  • For each Plan Year during which a Participant is an Eligible Employee, the amount of his or her University Match Contributions shall be calculated on a Plan Year basis disregarding Basic Compensation earned while he or she is not an Eligible Employee.

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  • University Match Contributions are intended to satisfy the actual contribution percentage (ACP) safe harbor provisions of CodeSection 401(m)(11); provided, that the University reserves the right to amend the Plan to reduce or suspend University Match Contributions on future Participant Contributions during a Plan Year or for any future Plan Year.

  • Due to the financial impacts of the COVID-19 pandemic, the University is temporarily reducing and/or suspending the ERIP’s Mandatory University Contributions and University Match Contributions as follows:  If your annual compensation as of June 1, 2020 is $130,000 or less, the Mandatory University Contribution rate is reduced to 1% for compensation paid on or after July 1, 2020 and prior to July 1, 2021.

  • For a Participant who has not met the requirements of subsections (a) or(b) above, University Match Contributions shall not be made; provided, that Participant Contributions may be made by such Participant but shall not be eligible to share in University Match Contributions.The Plan Administrator shall implement the increases in University Match Contributions in a uniform and consistent manner.4.3 Rollover Contributions.

  • For each month during which a Participant is an Eligible Employee, University Match Contributions shall be made in an amount equal to his or her Participant Contributions for that month that do not exceed five percent (5%) of his or her Basic Compensation.

Related to University Match Contributions

  • Accumulated contributions means the sum of all

  • 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.

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Member contributions means all amounts paid to ASRS by a member.