Common use of FICA Clause in Contracts

FICA. The present value of the future retirement severance benefits contained in the previous 2003-2004 contract will be reduced by the Social Security and Medicare taxes (FICA) that would have been payable if the retirement severance benefits contained in the 2003-2004 previous contract had been paid directly to the administrator.

FICA. The present value of the future retirement severance benefits contained in the previous 2003-2004 contract Prior Agreement will be reduced by the Social Security and Medicare taxes (FICA) that would have been payable if the retirement severance benefits contained in the 2003-2004 previous contract Prior Agreement had been paid directly to the administratoremployee.

FICA. The present value of the future retirement severance Retirement and Early Retirement benefits contained in the previous 2003-2004 contract 06 Agreement will be reduced by the Social Security and Medicare taxes (FICA) that would have been payable if the retirement severance Retirement Pay benefits contained in the inthe 2003-2004 previous contract 06 Agreement had been paid directly to the administratoremployee.

FICA. The present value of the future retirement severance benefits contained in the previous 2003-2004 contract Prior Agreement will be reduced by the Social Security and Medicare taxes (FICA) that would have been payable if the retirement Retirement severance benefits contained in the 2003-2004 previous contract Prior Agreement had been paid directly to the administratoremployee.

FICA. The present value of the future retirement severance Retirement Severance benefits contained in the previous 2003-2004 contract 04 Agreement will be reduced by the Social Security and Medicare taxes (FICA) that would have been payable if the retirement severance Retirement Severance benefits contained in the 2003-2004 previous contract 04 Agreement had been paid directly to the administratoremployee.