Other Purposes. 23 It is acknowledged that the election of a member to convert a portion of his 24 or her base pay under the terms of the Plan will be effective for purposes of 25 this Plan and will reduce the member's compensation insofar as certain 26 payroll taxes may be applicable. However, for all other employment related 27 purposes, including all of the member's rights and privileges under this 28 labor agreement, his or her base pay or compensation will be considered as 29 though no election had been made.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement
Other Purposes. 23 37 It is acknowledged that the election of a member to convert a portion of his 24 38 or her base pay under the terms of the Plan will be effective for purposes of 25 39 this Plan and will reduce the member's compensation insofar as certain 26 40 payroll taxes may be applicable. However, for all other employment related 27 41 purposes, including all of the member's rights and privileges under this 28 1 labor agreement, his or her base pay or compensation will be considered as 29 2 though no election had been made.. 3 ARTICLE 10
Appears in 1 contract
Sources: Collective Bargaining Agreement
Other Purposes. 23 34 It is acknowledged that the election of a member to convert a portion of his 24 35 or her base eligiblebase pay (as defined in Section 9.6 above) under the terms of 36 the Plan will be effective for purposes of 25 this Plan and will reduce the 37 member's compensation insofar as certain 26 payroll taxes may be applicable. 38 However, for all other employment related 27 purposes, including all of the 39 member's rights and privileges under this 28 labor agreement, his or her base 1 pay or compensation will be considered as 29 though no election had been 2 made.. 3 ARTICLE 10
Appears in 1 contract
Sources: Collective Bargaining Agreement
Other Purposes. 23 29 It is acknowledged that the election of a member to convert a portion of his 24 30 or her base eligiblebase pay (as defined in Section 9.6 above) under the terms of 31 the Plan will be effective for purposes of 25 this Plan and will reduce the 32 member's compensation insofar as certain 26 payroll taxes may be applicable. However, for all other employment related 27 purposes, including all of the member's rights and privileges under this 28 labor agreement, his or her base pay or compensation will be considered as 29 though no election had been made.
Appears in 1 contract
Sources: 401(k) Voluntary Investment Plan