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n. R. 230 Pace 072
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ARTICLE IV - CONTRIBUTIONS AND VALUATION
4.1 PAYMENT OF CONTRIBUTIONS. No contribution shall be
required under t e Plan from any Participant. The Employer shall
pay to the Trustee from time to time such amounts in cash or
property acceptable to the Trustee as the Administrator and
Employer shall determine to be necessary to provide the benefits
under the Plan determined by the application of accepted actuarial
methods and assumptions. The method of funding shall be consis-
tent with Plan objectives.
4.2 ACTUARIAL METHODS. In establishing the liabilities
under the Plan and contributions thereto, the Employer will use
such methods and assumptions as will reasonably reflect the cost
of the benefits. The Plan assets are to be valued on the basis
of any reasonable method of valuation that takes into account
fair market value pursuant to regulations prescribed by the
Secretary of Treasury. There must be an actuarial valuation of
the Plan at least once every 3 years.
4.3 TRANSFERS FROM QUALIFIED PLANS.
(a) Amounts may be transferred from other qualified plans
pursuant to Section 7.9. The amounts transferred shall be con-
, sidered an additional Accrued Benefit and shall be set up in a
separate account herein referred to as a "Participant's Rollover
Account." Such account shall be fully vested at all times.
(b) A Participant may elect to withdraw his rollover account
in whole, but not in part.
(c) At Normal Retirement Date, or such other date when the
Participant or his Beneficiary shall be entitled to receive
benefits, the Accrued Benefit shall be used to provide additional
benefits to the Participant pursuant to Section S.1(d) or. such
other optional method as the Administrator shall elect pursuant
to Section 5.6.
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(d) The Accrued Benefit under this Section shall be the
j balance of a "Participant's Rollover Account" as of any appli-
cable date. Transferred interests made pursuant to this Section
must be segregated into a separate atcount for .each Participant
in a federally insured savings account, or certificate of deposit
in a bank or savings and loan association.
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4.4 VOLUNTARY CONTRIBUTIONS.
(a) In order~to allow Participants the opportunity to ~
increase their retirement income, each Participant may elect
to voluntarily contribute up to ten percent (10~) of his aggregate
compensation earned while a Participant under this Plan. Such
~ contributions shall be made in amounts of at least X100 and shall
be transferred to the Trustee in cash during the first month of
the Plan Year and shall have been deemed to have been paid on
the first day of such year. The balance in each Participant's
Voluntary Contribution Account shall be 100 vested at all times.
(b) A Participant may elect to withdraw his voluntary contri-
butions, including the actual earnings thereon. In the event
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