Definitions for "Employee contributions"
If you are employed and make payments into a pension scheme, these payments are called employee contributions. This applies to contributions to your employer's pension scheme, or to your own retirement annuity contract or personal pension plan.
See Recipient Contributions
(cost of annuity): Generally refers to three areas: Contributions made to SERS before January 1, 1982; Interest paid on the repayment of contributions; Contributions made for optional service purchases.