Covered wages definition

Covered wages means wages of a member during periods of service that do not exceed the annual covered wage maximum as permitted for a given year under Sections 401(a)(17)(A) and (B) of the Internal Revenue Code, which are incorporated herein by this reference.
Covered wages means wages of a member during periods of service that do not exceed the annual covered wage maximum as permitted for a given year under Section 401(a)(17) of the Internal Revenue Code.
Covered wages means wages of a member during periods of service that do not exceed the annual covered wage maximum. Effective January 1, 1997, and for each subsequent calendar year, covered wages shall not exceed $160,000 or the amount permitted for that year under Section 401(a)(17) of the Internal Revenue Code.

Examples of Covered wages in a sentence

  • Covered wages are the maximum amount of a member’s wages in each calendar year that are eligible for IPERS coverage.

  • Covered wages as set out in 23.03 above includes straight time and overtime hourly wages, straight time and overtime holiday pay and vacation pay.

  • Access to residence hall living is provided for the differently abled student in accordance with applicable codes and standards (e.g., Section 504 of the Rehabilitation Act of 1973).

  • Covered wages for UCRP members include all wages except overtime, additional compensation, awards, sea pay differential, additional negotiated salary (Y Factor), incentive (Z Factor) compensation.

  • Covered wages, which are also called subject wages, are defined as wages in employment under SUTA.In general, a business is considered an employer and is required to open a state unemployment account with DWD if it meets the criteria defined in Section II B.


More Definitions of Covered wages

Covered wages means wages paid to an employee by an employer.
Covered wages means wages less the exclusion under
Covered wages means wages paid to an employee by an employer up to the amount of the Social Security Contribution and Benefit Base.
Covered wages means wages of a member during the periods of membership service as follows:
Covered wages means all wages paid to an employee up to the
Covered wages means wages paid for employment that is subject to the provisions of the Kansas employment security law.
Covered wages means wages that are paid and reported for an employee, as defined in ORS 657B.010(13), or an employee of a tribal government who has elected coverage under ORS 657B.130. Covered wages are included in the base year or alternate base year and are used for determining the employee’s weekly benefit amount.