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l medical benefits are allocated to separate accounts of key 1 employees (as defined in Code §419(A)(d)(3)), or an individual medical account in which the member participated (for these purposes, voluntary or involuntary employee contributions under a defined benefit plan are treated as a separate defined contribution plan). (e) Cost of Living Adjustment: Effective for limitation years beginning after December 31, 1994, if the annual benefit t payable to a terminated member who has not received a complete distribution of his or her nonforfeitable accrued benefit is limited by either the defined benefit dollar limitation or by the defined benefit compensation t limitation, such benefit may, at the discretion of the sponsor and applied in a uniform manner, be increased in accordance with cost of living adjustments under Code §415(d). 8. Projected Annual Benefit: The term projected annual benefit means the annual benefit to which the member would be entitled assuming (1) the member will continue employment until normal I' : retirement age (or current age, if later), and (2) the member's compensation for the current limitation year and all other relevant factors used to determine benefits will remain constant for all future limitation years. 9. TRA '86 Accrued Benefit: The term TRA '86 accrued benefit means a member's accrued benefit determined as if he had separated from service as of the close of the last limitation year s beginning before January 1, 1987, when expressed as an annual benefit within the meaning of Code §415(b)(2). In determining a member's TRA '86 accrued benefit, the following will be disregarded: any change in the terms and conditions of the plan after May 5, 1986; and any cost of living adjustments occurring after May 5, 1986. 10. Year of Participation: A member will be credited with a year of participation (computed to fractional parts of a year) for each accrual computation period in which the following conditions are met: (1) the member is credited with at least the number of hours of service (or period of service if the elapsed time method is used) for benefit accrual purposes, required under the plan to accrue a benefit for the accrual computation period, and (2) the member is included as a member under the eligibility provisions of the plan for at least one day of the accrual computation period. If these two conditions are met,the portion of a year of participation credited to i` the member will equal the amount of benefit accrual service Restated Police Pension Plan—City of University City Page 29