Statutory Limitations definition

Statutory Limitations means:
Statutory Limitations means (i) the coverage and benefit requirements the Qualified Plan must satisfy in order to comply with the nondiscrimination requirements of the Code, and (ii) the compensation and benefits limitations which are imposed on the Qualified Plan under Section 401(a)(17) and Section 415 of the Code, and the regulations promulgated thereunder.
Statutory Limitations means, with respect to any 401(k) Plan Year, the limitations imposed under sections 401(a)(17) and 415 of the Code with respect to the amount of compensation that may be taken into account in calculating contributions on behalf of any Member, and the amount of contributions that may be allocated to a Member's account, under the 401(k) Plan for such year.

Examples of Statutory Limitations in a sentence

  • On the contrary, all references to the crime of genocide in subsequent international-law instruments – the Convention on the Non-Applicability of Statutory Limitations to War Crimes and Crimes Against Humanity of 1968, the ICTY Statute of 1993, the Statute of the International Criminal Tribunal for Rwanda (ICTR) of 1994, as well as in the most recent international-law instrument – the ICC Statute of 1998 – describe that crime in similar, if not identical, terms.

  • The heinous nature and gravity of such crimes prompted the Contracting Parties to the Convention on the Non-Applicability of Statutory Limitations to War Crimes and Crimes Against Humanity to agree that they must be imprescriptible and not subject to any statutory limitation in the domestic legal order.

  • With respect to the ratification of the Convention on the Non-Applicability of Statutory Limitations to War Crimes and Crimes Against Humanity, the Brazilian Government still has not ratified the instrument.

  • The UN Convention on the Non-Applicability of Statutory Limitations to War Crimes and Crimes Against Humanity (26 November 1968), ratified by the Republic of Lithuania on 1 February 1996, provides, in particular, as follows.

  • On 9 April 1992 Lithuania acceded to the Genocide Convention and the 1968 UN Convention on the Non-Applicability of Statutory Limitations to War Crimes and Crimes against Humanity.


More Definitions of Statutory Limitations

Statutory Limitations means the limitations placed on the benefits that can be accrued under a qualified pension plan pursuant to Section 401(a)(17) and 415 of the Code.
Statutory Limitations means any statutory or regulatory limitations imposed by one or more of Sections 401(a)(17), 401(k), 401(m), 402(g), 403(b), 408(k) or 415 or any other limitation on contributions or benefits in the Code. The impact of such limits on the Participant for purposes of this Plan shall be determined by the Administration Committee based upon reasonable estimates and shall be final and binding as of the date the Company Makeup Contribution is credited to the Participant’s Account. No subsequent adjustments shall be made to increase a Company Makeup Contribution under this Plan as a result of any adjustments ultimately required under the Qualified Plans due to actual employee contributions or other factors.
Statutory Limitations means any statutory or regulatory limitations on salary reduction (other than the applicable dollar limit under Code Section 402(g)(1)) or matching contributions to the Qualified Plan, or on compensation taken into account in calculating employer or employee contributions to the Qualified Plan.
Statutory Limitations means the limitations imposed by Sections 401(a)(17), 401(k)(3), 401(m)(2), 402(g)(1) and 415 of the Code on the amount that may be contributed to the Profit Sharing Plan and/or the Money Purchase Pension Plan on behalf of an Eligible Employee.
Statutory Limitations means any statutory or regulatory limitations on salary reduction (other than the applicable dollar limit under IRC Section 402(g)(1)) or matching contributions to the Qualified Plan, or on compensation taken into account in calculating employer or employee contributions to the Qualified Plan. The impact of such limits on the Participant for purposes of this Plan shall be determined by the Administrator based upon reasonable estimates and shall be final and binding as of the date the Company Contribution is credited to the Participant’s Account. No subsequent adjustments shall be made to increase Company Contribution under this Plan as a result of any adjustments ultimately required under the Qualified Plan due to actual employee contributions or other factors.
Statutory Limitations means (1) the Section 415 Limitations and (2) the Compensation Limitation.
Statutory Limitations means the limitations set forth in Section 401(a)(17) and Section 402(g)(1) of the Code.