ALLOCATION OF CONTRIBUTIONS definition

ALLOCATION OF CONTRIBUTIONS. The Contribution is allocated to one or more Sub-Accounts of the Separate Account in accordance with the selections made by the Owner. The allocation of the Contribution is made in accordance with the selection made by the Owner at the Issue Date and must be in accordance with the Allocation Guidelines set forth on the Contract Schedule. Allocation of the Contributions is subject to the terms and conditions imposed by the Company. The Company has reserved the right to allocate the Contribution to the Money Market Sub-Account until the expiration of the Right to Examine Contract period. SEPARATE ACCOUNT PROVISIONS
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ALLOCATION OF CONTRIBUTIONS. [X] Hours of Service [ ] Elapsed Time 2. If service is based on Hours of Service, Hours shall be determined on the basis of: [X] a. Actual hours for which paid or entitled to payment. [ ] b. Days Worked (10 Hours of Service). [ ] c. Weeks Worked (45 Hours of Service). [ ] d. Semimonthly payroll periods (95 Hours of Service). [ ] e. Months Worked (190 Hours of Service). -+ For options b, c, d, and e: If the Employee would be credited with 1 Hour of Service during the period, the Employee shall be credited with the number of Hours of Service indicated in parentheses. --------------------------------------------------------------------------------
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Related to ALLOCATION OF CONTRIBUTIONS

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

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

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

  • Payments in lieu of contributions means the money payments to