Plan Salary definition

Plan Salary means the final basic monthly salary but excluding any commissions, overtime pay, bonuses or other extra compensation.
View Source
Plan Salary in respect of each Member, the basic Monthly salary payable to that Member by the Employer from time to time (including increases in his salary backdated to the effective date thereof) but excluding commissions, bonuses, premiums, any payments for special work outside the usual scope of the Member's employment, payments for overtime or other like payments or any payments for transportation, travelling, meals or subsistence, allowance for cost of living and medical allowance, housing allowance or similar staff benefits and in the case of a Member who is paid other than monthly means the basic salary (as above described) attributable to that Month;
View Source
Plan Salary means the current basic salary or wage paid to the Member by his Employer, but excludes bonuses, overtime pay, allowance and other special emoluments.
View Source

Examples of Plan Salary in a sentence

  • Member pre-tax contributions for qualified transportation fringe benefits under Code Section 132(f) are to be included in Plan Salary, unless the Employer elects to exclude such amounts by checking this line .

  • Member pre-tax contributions for qualified transportation fringe benefits under Code Section 132(f) are to be included in Plan Salary, unless the Employer elects to exclude such amounts by checking this line ____.

  • Upon completion of ninety (90) days employment, the Company will make available to eligible Employees a Long Term Disability Group Plan (Salary Continuance).

  • Member pre-tax contributions to a Section 125 cafeteria plan are to be included in Plan Salary, unless the Employer elects to exclude such amounts by checking this line .

  • Member pre-tax contributions to a Code Section 125 cafeteria plan are to be included in Plan Salary, unless the Employer elects to exclude such amounts by checking this line .

  • Member pre-tax contributions to a Section 125 cafeteria plan are to be included in Plan Salary, unless the Employer elects to exclude such amounts by checking this line ____.

  • Salary Adjustment for Code Sections 402(e)(3), 402(h), 403(b) and 457(b) Member pre-tax contributions under Code Sections 402(e)(3), 402(h), 403(b) and 457(b) are included in Plan Salary, unless the Employer elects to exclude such amounts by checking this line .

  • Member pre-tax contributions to a Section 125 cafeteria plan are to be included in Plan Salary, unless the Employer elects to exclude such amounts by checking this line _____.

  • Type of Plan Salary Continuation Waiting Period 7 days Benefit 80% of pay less deductible benefits Duration 22 weeks or eligible for LTD The employee must submit medical certification of his disability in order to be eligible to receive Short-Term Disability benefits.

  • A Participant may elect to make Elective Deferrals or to modify a Salary Reduction Agreement at any time in accordance with the Plan Administrator's SIMPLE 401(k) Plan Salary Reduction Agreement form, but the form must be provided at least 60 days prior to the beginning of each SIMPLE Plan Year or at least 60 days prior to commencement of participation for the Participant to make or modify his/her Salary Reduction Agreement.


More Definitions of Plan Salary

Plan Salary means Salary less an amount equal to the Lower Earnings Limit (or on or after 1 July 1998 the lesser of the Lower Earnings Limit and Basic State Pension).
View Source