Examples of Salaried Plan in a sentence
PEP provides benefits for eligible employees whose pension benefits under the Salaried Plan are limited by the provisions of the Internal Revenue Code of 1986, as amended.
This subsection shall apply to a current or former Participant who is reemployed after his Annuity Starting Date and whose benefit under the Salaried Plan is recalculated based on an additional period of Credited Service.
For purposes of this section, “specified plan” shall mean the Salaried Plan or a nonqualified pension plan similar to this Plan.
The Company will be secondarily liable for the payment of any amounts that are payable from the Salaried Plan.
Such designation shall be made on a PEP Election Form or an approved election form filed under the Salaried Plan, whichever is applicable.