Total Compensation definition
Examples of Total Compensation in a sentence
Plan Compensation is Total Compensation, as modified under AA §5-3, which is actually paid to an Employee during the determination period (as defined in subsection (a) below).
The term Total Compensation as used in this Plan has the same meaning as “includible compensation” as defined under Treas.
Total Compensation includes compensation that is paid after an Employee ▇▇▇▇▇▇ employment with the Employer, provided the compensation is paid by the later of 2½ months after severance from employment with the Employer maintaining the Plan or the end of the calendar year that includes such date of severance from employment.
Unless designated otherwise under AA §5-2(b), Total Compensation does not include compensation paid to a Participant who is permanently and totally disabled (as defined in Code §22(e)(3)).
Total Compensation for 2019-20 shall be increased as follows: On salary schedule increase, retroactive to July 1, 2019: 2.00% The salary schedules shall be attached as Appendix A and incorporated into this Agreement.