Examples of Highest Average Compensation in a sentence
Highest Average Compensation means the average compensation for the three consecutive Years of Service with the Employer that produces the highest average.
The lesser of the Defined Benefit Dollar Limitation or 100 percent of the Participant’s Highest Average Compensation.
A fraction, the numerator of which is the sum of the Participant's Projected Annual Benefits under all the Defined Benefit Plans (whether or not terminated) maintained by the Employer, and the denominator of which is the lesser of 125 percent of the dollar limitation determined for the Limitation Year under Code Sections 415(b) and (d) or 140 percent of the Highest Average Compensation, including any adjustments under Code Section 415(b).
Highest Average Compensation means the average Compensation for the three consecutive Years of Service with the Employer that produces the highest average.
Highest Average Compensation -- The average Compensation for the three consecutive Years of Service with the Employer which produces the highest average.