Deferred Salary definition

Deferred Salary means the amount of a Participant’s Base Salary that such Participant has elected to defer until a later year pursuant to an election under Section 3.1.
Deferred Salary means the percentage of the annual earnings that the participant has agreed with the University to save during each year of the deferral period.
Deferred Salary means the amount of a Participant’s Base Salary that such Participant has elected to defer until a later year pursuant to an election under Section 3.1. Reference in this Plan to a Participant’s “Basic Deferred Salary” shall mean the first six percent (6%) of a Participant’s Base Salary that such Participant has elected to defer under the Plan in any Plan Year. Reference in this Plan to a Participant’s “Supplemental Deferred Salary” shall mean any Base Salary deferred by a Participant under the Plan that does not constitute Basic Deferred Salary.

Examples of Deferred Salary in a sentence

  • The terms of the Deferred Salary Leave Plan are detailed in Appendix “D”.

  • The Deferred Salary Leave agreed to by the Parties on October 6, 2004, will remain in effect for the duration of this Agreement.

  • An employee must make written application to participate in the Deferred Salary Leave Plan to the Director of Education, or designate.

  • The objective of a Deferred Salary Leave Program (DLSP) is to provide employees with an opportunity to self-finance a planned period of absence for any reason, such as continuation of educational studies, travel or other interests.

  • The parties agree to maintain access for faculty to the College's Deferred Salary Leave Program.


More Definitions of Deferred Salary

Deferred Salary means, with respect to any Participant and any Plan Year, the sum of the Deferred Salary Amount in respect of such Plan Year and all Equivalents attributable to, and credited (or charged) to the Annual Salary Account in respect of, such Deferred Salary Amount to the date (or Valuation Date) on or as of which any determination of the amount thereof is being or to be made.
Deferred Salary means the portion of Current Salary authorized by the Participant to be retained by the University on behalf of the Participant each year in accordance with Section 4.
Deferred Salary means the amount of Salary, if any, deferred by a Participant pursuant to Section 4.
Deferred Salary means the portion of Current Salary authorized by the Participant to be retained by the Board on behalf of the Participant each year in accordance with Section 4. "Adjusted Salary" means the Current Salary minus the Deferred Salary paid to the Participant during the Deferral Period.
Deferred Salary means the amount of a participant's salary that such participant has elected to defer until a later year pursuant to an election under Section 3.1 of this Plan.
Deferred Salary means any salary amounts deferred under the AT&T Senior Manager Incentive Award Deferral Plan, for periods commencing on or after January 1, 1994 and prior to January 1, 2005. For periods commencing on or after January 1, 2005, “Deferred Salary” is zero. Deferred Salary does not include amounts deferred pursuant to Code Section 401(k) or amounts contributed pursuant to Code Section 125.
Deferred Salary means the Salary deferred by a Participant under Section 5.1(i) hereof.