Salary Continuation for Disabled Participants. Post-Severance Compensation will include Salary Continuation for Disabled Participants and it will apply to all Contribution Types.
Salary Continuation for Disabled Participants. Include Post-Severance Compensation comprised of salary continuation for disabled Participants. See Section 1.11(I)(3). (Choose one of a. or b.):
a. [ ] For NHCEs only.
b. [ ] For all Participants. The salary continuation will continue for the following fixed or determinable period: (specify period).
Salary Continuation for Disabled Participants. Salary continuation for disabled Participants means Compensation paid to a Participant who is permanently and totally disabled (as defined in Code §22(e)(3)). This Section 1.11(I)(3) will apply, as the Employer elects in its Adoption Agreement, either just to NHCEs (who are NHCEs immediately prior to becoming disabled) or to all Participants for a fixed or determinable period specified in the Adoption Agreement.
Salary Continuation for Disabled Participants. Include Post-Severance Compensation composed of salary continuation for disabled Participants. See Section 1.11(I)(2) (Choose a. or b.): 🞎 OR 🞎 🞎 🞎 🞎
Salary Continuation for Disabled Participants. Include Post-Severance Compensation composed of salary continuation for disabled Participants. See Section 1.11(I)(2). (Choose a. or b.):
a. [ ] For NHCEs only. The salary continuation will continue for the following fixed or determinable period: (specify period; e.g., "ten years" or "term of disability policy").
b. [ ] For all Participants. The salary continuation will continue for the following fixed or determinable period: (specify period; e.g., "ten years" or "term of disability policy").
