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If such a Participant elects not to cease at the commencement of such leave and no Credited Participating Service shall accrue during such leave. The accrual of the Participant s Credited Participating Service shall resume upon expiration of the Prescribed Statutory Leave provided such Participant returns to active service with the Employer immediately following the end of such leave. If a Participant who is on a Prescribed Statutory Leave as determined by the Employer elects to continue...
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How to fill out election of contributions

01
Step 1: Start by obtaining the election of contributions form from the relevant authority or organization.
02
Step 2: Read and understand the instructions provided in the form carefully.
03
Step 3: Fill in your personal information accurately, including your name, address, contact details, and any other required information.
04
Step 4: Specify the contributions you are electing for, such as retirement plans, health insurance, or any other applicable categories.
05
Step 5: If necessary, provide details about the amount or percentage of contributions you wish to make for each category.
06
Step 6: Double-check all the information you have entered, ensuring its accuracy and completeness.
07
Step 7: Sign and date the form, confirming that the information provided is true and correct.
08
Step 8: Submit the completed election of contributions form to the designated authority or organization as instructed.
09
Step 9: Keep a copy of the filled-out form for your records.
10
Step 10: Await confirmation or acknowledgement from the authority or organization regarding the acceptance of your election of contributions.

Who needs election of contributions?

01
Employees who are eligible to receive benefits or make contributions through their employer
02
Individuals who want to participate in retirement plans or contribute towards health insurance or other similar schemes.
03
Members of organizations or associations that offer contribution-based benefits.
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The election of contributions is a form used to specify how an individual wants their contributions to be allocated within a retirement plan.
Participants in a retirement plan may be required to file election of contributions.
The election of contributions form can typically be filled out online or on paper, following the instructions provided by the retirement plan administrator.
The purpose of the election of contributions is to allow individuals to choose how their contributions are allocated within a retirement plan, such as between different investment options.
The election of contributions form may require information such as contribution amounts, investment selections, and beneficiary designations.
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