Contribution level definition
Contribution level means the contribution rate for the participant
Contribution level means (A) the contribution rate selected by the participant that may be expressed as (i) a percentage of the participant's taxable wages as is required to be reported under Sections 6041 and 6051 of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as amended from time to time, or (ii) a dollar amount up to the maximum deductible amount for the participant's taxable year under Section 219(b)(1) of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as amended from time to time; or (B) in the absence of an affirmative election by the participant, three per cent of the participant's taxable wages as is required to be reported under Sections 6041 and 6051 of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as amended from time to time, or such other amount as determined by the authority, provided such amount shall not exceed six per cent. The contribution level of a participant who customarily and regularly receives gratuities in conjunction with his or her employment shall be a percentage of such participant's wages as is required to be reported under Sections 6041 and 6051 of the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as amended from time to time;
Contribution level means (a) the contribution rate the participant selects that may be (I) a percentage of the participant's taxable wages reported to the IRS or (II) a dollar amount up to the maximum annual IRS deductible amount; or (b) in the absence of the participant's affirmative election, 3% of the participant's taxable wages as required to be reported for federal tax purposes, or such other amount as the authority determines; and
Examples of Contribution level in a sentence
Due to the significant change in insurance coverage options and rules imposed because of the ACA, the agreement will consist of an overall County Cafeteria Contribution level for the following year based on the current year enrollment level (LTD and basic life will be added to the amount) with the following goals and considerations.
The procedures for dealing with performance below the Successful Contribution level apply to employees who are entitled to the procedural and appeal rights described in 5 CFR 432.
The Membership Contribution level will be determined and communicated to you by the NSC.
The company shall maintain or improve upon their current B-BBEE Contribution level for the duration of the contract.
More Definitions of Contribution level
Contribution level means the percentage of University Contributions for which an Eligible Employee is eligible under the Plan.
Contribution level means (A) the contribution rate selected by
Contribution level means (a) the contribution rate the participant selects that may be (I) a percentage of the participant's taxable wages reported to the IRS or (II) a dollar amount up to the maximum annual IRS deductible amount; or
Contribution level means Two Million ($2,000,000.00) dollars of cash contribution made by NB to CWL after the Effective Date.
Contribution level means a number between zero (0) to eight (8) that is assigned for a Member at a Consensus Meeting such that a Member who has made a larger contribution towards the Purpose of the Association may receive a higher level of Respect than a Member who made a smaller contribution towards the Purpose.