Plan Pay definition

Plan Pay means that portion of a Participant’s Compensation in respect of any Plan Year that is in excess of the limit established under Section 401(a)(17) of the Code in respect of such Plan Year, provided that solely for purposes of determining whether Plan Pay for the first Plan Year is in excess of the limit established under Section 401(a)(17) of the Code, a Participant’s Plan Pay shall be the excess over $265,000 of the Participant’s base salary and annual incentive attributable to DuPont, the Company and their respective Affiliates, collectively.
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Examples of Plan Pay in a sentence

  • There is no Past Service Recognition Plan Pay or Service Pay for Employees hired 1988 January 01, or after.

  • If you wish for us to re-qualify you yearly for any Income Driven Repayment Plans such as: Income-Based Repayment Plan (IBR Plan), Pay as You Earn Repayment Plan (PAYE) or an Income-Contingent Repayment Plan (ICR Plan) you will need to send us your 1040 Tax Return so we can send in your re-qualifying forms to keep your program going.

  • There is no Past Service Recognition Plan Pay or Service Pay for Employees who do not meet the criteria shown in the first sentence of this Sub-section D3.03 (a).

  • Pay Equity See Job Evaluation Plan Pay for Acting in Capacity ..........

  • Members of the Association shall receive a salary in accordance with their classification and to be administered in conjunction with the letter of agreement dated May regarding the Job Evaluation Plan, Pay Equity and Internal Equity and schedules attached hereto as Schedules and The Corporation shall pay on a basis every second Friday with the pay period ending the same day.

  • Accident Protection Plan Pay the Way Hand Selected Vehicles Financing Options Flexible Trade-In Sell-A-Friend.

  • The Employer shall pay ninety percent of the premium cost of an Extended Health Care Plan Pay Direct Drug Card Deductible provision and vision care coverage of per twenty-four month period per family member) for all employees who have completed sixty working days with the Employer and who enrol in the Plan.

  • When an employee’s permanent position is eliminated from the budget, the employee may request to be transferred to a vacant position in another job classification at the same MCSC Grade level provided they meet the minimum qualifications for the position.

  • There no Past Service Recognition Plan Pay or Service Pay for employees hired January or after.

  • Full Payment Plan: Pay in accordance with Attachment 1 and your Statements or ▇▇▇▇▇▇▇▇.

Related to Plan Pay