Deferred Salary definition

Deferred Salary means the percentage of the annual earnings that the participant has agreed with the University to save during each year of the deferral period.
Deferred Salary means, with respect to any Participant and any Plan Year, the sum of the Deferred Salary Amount in respect of such Plan Year and all Equivalents attributable to, and credited (or charged) to the Annual Salary Account in respect of, such Deferred Salary Amount to the date (or Valuation Date) on or as of which any determination of the amount thereof is being or to be made.
Deferred Salary means the portion of Current Salary authorized by the Participant to be retained by the University on behalf of the Participant each year in accordance with Section 4.

Examples of Deferred Salary in a sentence

  • Deferred salary, plus accrued interest, if any, will be returned to the employee, within a reasonable period of time.

  • Deferred salary and allowance plus any accumulated and unpaid interest shall be paid to the employee in the Plan not later than the end of the first taxation year commencing after the expiry of the six year period after the first deferral of salary and allowance.


More Definitions of Deferred Salary

Deferred Salary means the amount of Salary, if any, deferred by a Participant pursuant to Section 4.
Deferred Salary means the amount of a participant's salary that such participant has elected to defer until a later year pursuant to an election under Section 3.1 of this Plan.
Deferred Salary means any salary amounts deferred under the AT&T Senior Manager Incentive Award Deferral Plan, for periods commencing on or after January 1, 1994 and prior to January 1, 2005. For periods commencing on or after January 1, 2005, “Deferred Salary” is zero. Deferred Salary does not include amounts deferred pursuant to Code Section 401(k) or amounts contributed pursuant to Code Section 125.
Deferred Salary means the portion of Current Salary authorized by the Participant to be retained by the Board on behalf of the Participant each year in accordance with Section 4. "Adjusted Salary" means the Current Salary minus the Deferred Salary paid to the Participant during the Deferral Period.
Deferred Salary means the amount of Salary deferred by a Participant under Section 4.1(a)(i) hereof
Deferred Salary means thirty-five percent (35%) of the Officer’s final monthly base salary multiplied times one hundred twenty (120) months.
Deferred Salary means the portion of the earnings of a participating employee agreed by the University and the participating employee to be deferred during each plan year of the deferral period.