Covered wages definition

Covered wages means wages of a member during periods of service that do not exceed the annual covered wage maximum as permitted for a given year under Sections 401(a)(17)(A) and (B) of the Internal Revenue Code, which are incorporated herein by this reference.
Covered wages means wages of a member during periods of service that do not exceed the annual covered wage maximum as permitted for a given year under Section 401(a)(17) of the Internal Revenue Code.
Covered wages means wages of a member during periods of service that do not exceed the annual covered wage maximum. Effective January 1, 1997, and for each subsequent calendar year, covered wages shall not exceed $160,000 or the amount permitted for that year under Section 401(a)(17) of the Internal Revenue Code.

Examples of Covered wages in a sentence

  • Covered wages are the maximum amount of a member’s wages in each calendar year that are eligible for IPERS coverage.

  • Covered wages as set out in 23.03 above includes straight time and overtime hourly wages, straight time and overtime holiday pay and vacation pay.

  • Covered wages shall be defined as straight time hourly wages, the straight time portion of holiday and vacation pay.

  • Covered wages include straight time hourly wages and the straight time portion of holiday pay and sick pay.

  • Access to residence hall living is provided for the differently abled student in accordance with applicable codes and standards (e.g., Section 504 of the Rehabilitation Act of 1973).


More Definitions of Covered wages

Covered wages means wages paid to an employee by an employer.
Covered wages means wages less the exclusion under
Covered wages means wages paid to an employee by an employer up to the amount of the Social Security Contribution and Benefit Base.
Covered wages means wages of a member during the periods of membership service as follows:
Covered wages means wages of a member during periods of service that do not exceed the annual covered wage maximum as permitted for a given year under Section Sections 401(a)(17)(A) and
Covered wages means all wages paid to an employee up to the
Covered wages means wages paid for employment that is subject to the provisions of the Kansas employment security law.