Common use of Recalculation of Member Contributions Clause in Contracts

Recalculation of Member Contributions. The State fiscal agent will notify the Contractor of the member’s POWER Account contribution for the new benefit period. After the 12 month calendar year reconciliation period, the Contractor shall report any applicable POWER Account rollover amounts determined in accordance with Section 5.8.2.1 or any discounts determined in accordance with Section

Appears in 2 contracts

Sources: Contract, Contract Amendment