Common use of Salary Deferral Clause in Contracts

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-three and one-third percent (33⅓%) of your annual salary. The deferred salary will be held in a separate account for you in a bank or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, and the amount must be reported by you and your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-three and one-third percent (33⅓%) of your annual salary. The deferred salary will be held in a separate account for you in a bank or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, earned and the amount must be reported by you and your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-three and one-one- third percent per cent (33⅓%33 1/3%) of your annual salary. The deferred salary will be held in a separate account for you account, in a bank or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, and the amount must be reported by you and on your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-three and one-one- third percent (33⅓%33a%) of your annual salary. The deferred salary will be held in a separate account for you in a bank or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, earned and the amount must be reported by you and on your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-three and one-third percent (33⅓%) 33 1/3% of your annual salary. The deferred salary will be held in a separate account for you in a bank or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, earned and the amount must be reported by you and on your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-three and one-third percent (33⅓%331/3%) of your annual salary. The deferred salary will be held in a separate account for you in a bank or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, earned and the amount must be reported by you and your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-three and oneone- third per cent (33-third percent (33⅓%1/3%) of your annual salary. The deferred salary will be held in a separate account for you account, in a bank or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, earned and the amount must be reported by you and on your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-three and one-one- third percent (33⅓%) of your annual salary. The deferred salary will be held in a separate account for you in a bank or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, earned and the amount must be reported by you and on your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-thirty- three and one-third percent per cent (33⅓%33 1/3%) of your annual salary. The deferred salary will be held in a separate account for you in a bank or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, earned and the amount must be reported by you and on your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-three and one-one- third percent (33⅓%33 1/3%) of your annual salary. The deferred salary will be held in a separate account for you in a bank or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, earned and the amount must be reported by you and on your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-three and one-third percent (33⅓%) of your annual salary. The deferred salary will be held in a separate account for you in a bank band or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, earned and the amount must be reported by you and your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.

Salary Deferral. The amount of salary to be deferred in any one (1) year may not exceed thirty-three and one-one- third percent (33⅓%33-1/3%) of your annual salary. The deferred salary will be held in a separate account for you account, in a bank or trust company chosen by the University of Guelph. Interest will be credited to your account monthly. The accumulated interest will be paid and reported to you each year during the deferral period. The interest on this account is taxable in the calendar year it is earned, earned and the amount must be reported by you and on your personal income tax return for that year. The amount of interest earned will be reported to you and to Revenue Canada on a T5 form.