Salary Redirection definition

Salary Redirection means the contributions made by the Employer on behalf of Participants pursuant to Section 3.1. These contributions shall be converted to Cafeteria Plan Benefit Dollars and allocated to the funds or accounts established under the Plan pursuant to the Participants' elections made under Article V.
Salary Redirection means the contributions made by the Employer on behalf of Participants pursuant to Section
Salary Redirection means the contributions made by the Employer on behalf of Participants pursuant to Section 3.1. These contributions shall be converted to Cafeteria Plan Benefit Dollars and allocated to the funds or accounts established under the Plan pursuant to the Participants’ elections made under Article V.

Examples of Salary Redirection in a sentence

  • On or after the first xxx of the plan year I cannot change or revoke this Salary Redirection Agreement with respect to pre-tax premiums before the next anniversary date of the plan unless a "change in status" occurs (as defined under the plan and IRS).

  • The maximum pre-tax premiums a Participant can contribute via the Salary Redirection Agreement is the total cost of the applicable benefit plans or policies selected minus any non-elective contribution made by the Employer.


More Definitions of Salary Redirection

Salary Redirection means the contributions made by the Employer on behalf of Participants pursuant to Section 3.1. These contributions shall be converted to the account established under the Plan under Article V.
Salary Redirection means contributions made to the Trust Fund by the Employer pursuant to Section 3.1, and, where appropriate, the Catch-Up Contributions allowed by Section 3.2
Salary Redirection means the contributions made by the Employer on behalf of Participants pursuant to the Section titled: "Salary Redirection". Thesecontributions shall be converted to Cafeteria Plan Benefit Dollars and allocated to the funds or accounts established under the Plan pursuant to the Participants' elections made under the Article titled: "Participant Elections".
Salary Redirection means the Participant's designation of the Working Agreement Contribution or Compensation to his Flexible Benefit Account, Health Care Spending Account, Dependent Care Spending Account, or to any combination of these accounts.
Salary Redirection means the amount by which a Participant’s Compensation is reduced pre-tax and applied by the Employer to this Program.
Salary Redirection means the contributions made by the Employer on behalf of Participants pursuant to the Section titled: "Salary Redirection". These contributions shall be converted to