Salary Deductions definition

Salary Deductions means monies deducted or to be deducted (as appropriate in the context) from a Participant’s Gross Salary or Net Salary (as determined by the Committee) each pay period over the Purchase Period for the acquisition of Purchased Shares;
View Source

Examples of Salary Deductions in a sentence

  • The Employer will continue to provide a Salary Deductions Tax Sheltered Annuity Program.

  • SALARY GUIDES‌ 39 Section 9.1 General 29 40 Section 9.2 Placement on Salary Schedule 29 41 Section 9.3 Salary Deductions and Payments 29‌ 42 Section 9.4 Part Time Contracts 30 43 Section 9.5 Supplemental Contracts 30 44 Section 9.6 Mid-Contract Increase 30 45 46 ARTICLE 10.

  • Salary Deductions Leave of Absence for any member of the teaching staff shall be in accordance with the provisions of Article For absences from duty other than those provided for in Article or absence authorized by the Board, a deduction will be made by the Board from the teacher's salary.

  • Salary Deductions - Taxes Federal and state tax deductions are computed by the business office staff.

  • With respect to that part of the report which dealt with Illegal Salary Deductions, the position is however different.

  • SALARY GUIDES 19 Section 9.1 General 23 20 Section 9.2 Placement on Salary Schedule 24 21 Section 9.3 Salary Deductions and Payments 24 22 Section 9.4 Part Time Contracts 24 23 Section 9.5 Supplemental Contracts 25 24 Section 9.6 Mid-Contract Increase 25 26 ARTICLE 10.

  • The personal services contract shall be approved by State’s Procurement Office Manager or designee (Salem).

  • Implementation of payroll deductions for any of the following categories shall be in accordance with Board Policy 4142/4242, Salary Deductions.

Related to Salary Deductions

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.