Differential Wages. “Differential Wage Payments” must be considered Compensation for purposes this Plan. A “Differential Wage Payment” is any payment made by an Employer to an Employee who is performing active military service that represents all or some of the wages that the Employee would have received from the Employer if he/she were still actively employed. Employees may also make contributions to this Plan from Differential Wage Payments or become entitled to additional benefits under the Plan on the basis of the Differential Wage Payments. This provision is effective on the first day of the Plan Year beginning in 2009.
Differential Wages. (1) Subject to sub-clause (2), an employee, other than a temporary employee of a temporary employment service, who performs work in a class for which a higher wage is prescribed in this Agreement than that employee’s usual wage on any day, must be paid the higher wage for the whole of that day. For the purpose of the CIT Custodian duties, as defined in Schedule 2, should such duties become the majority of the employee’s functions for a period exceeding 1 (one) month, such employee must be promoted to that higher category.
(2) A relief employee who performs classes of work for which different wages are prescribed in this Agreement on any day must be paid at the highest wage for that day, plus an additional premium of 10% of the highest wage.
Differential Wages. Unless a later effective date is specified below, effective for wages paid after December 31, 2008:
(A) The Plan was amended to include Differential Wages in the definition of Compensation under the Plan.
(i) ¨ Later Effective Date. The Plan was amended to include Differential Wages in the definition of Compensation for wages paid after the following date: (cannot be later than the later of (I) the date the Plan was restated onto the Fidelity Volume Submitter or (II) the end of the first Plan Year beginning on or after January 1, 2010)
(B) The Plan was amended to provide that Compensation shall not include Differential Wages for purposes of determining the amount or allocation of contributions under Article 5 of the Plan.
(i) ¨ Later Effective Date. The Plan was amended to exclude Differential Wages from Compensation for purposes of determining contributions for wages paid after the following date: (cannot be later than the later of (I) the date the Plan was restated onto the Fidelity Volume Submitter or (II) the end of the first Plan Year beginning on or after January 1, 2010)
Differential Wages. “Differential Wages” means wages paid to an Employee by the Employer with regard to military service meeting the defi- nition of differential wage payment found in Code section 3401(h)(2).
Differential Wages. For purposes of this Amendment, “Differential Wages” shall be defined as wages paid to an Employee by the Employer with regard to military service meeting the definition of differential wage payment found in Code Section 3401(h)(2).
3.1 Effective for wages paid after 12/31/2008, Differential Wages shall be specifically included in the definition of Compensation under the Plan.
3.2 Compensation shall not include Differential Wages for purposes of determining the amount or allocation of contributions under Article 4 of the Plan effective for all Differential Wages paid after 12/31/2008.
