Examples of Salary Deferral Contribution in a sentence

Subject to this Section, an Eligible Employee of an Employer that shall be a Contributing Employer for purposes of this Section may elect to have a percentage of his or her Basic Compensation for each Payroll Period during which he or she shall be an Eligible Employee and shall have in effect an election with respect thereto withheld by his or her Employer and paid to the Trust Fund as a Salary Deferral Contribution.
Each Employer who has Eligible Employees on whose behalf elections with respect to Salary Deferral Contributions shall be in effect for a Payroll Period shall withhold the designated Salary Deferral Contribution from each such Eligible Employee’s Basic Compensation in accordance with the respective such election.
In section 3.0 AES outlines our assessment of the economic analysis presented in the Authority’s paper.
The Employer shall make a Salary Deferral Contribution in an amount equal to the amount by which its Members' Considered Compensation was reduced as a result of salary deferral agreements.
The maximum Salary Deferral Contribution that a Participant may elect to have made on his behalf during the Participant's taxable year may not, when added to the amounts deferred under other plans or arrangements described in sections 401(k), 408(k) and 403(b) of the Code, exceed $7,000 (as adjusted by the Secretary of Treasury).

More Definitions of Salary Deferral Contribution

Salary Deferral Contribution means that portion of the Contribution made to the Plan on behalf of a Participant by his Employer through a salary reduction agreement, as described under Sections 2.02 and 3.01.

Salary Deferral Contribution means a contribution made by the Employer to a Participant's Salary Deferral Account on behalf of the Participant for such Plan Year in an amount equal to the total amount by which the Participant's Compensation from the Employer was reduced during the Plan Year pursuant to the Salary Deferral Agreement. The dollar limitation of Code Section 402(g), as adjusted, shall apply in the aggregate to Elective Contributions under this Plan and elective contributions on behalf of the Participant for the same taxable year under all cash and deferred arrangements described in Code Sections 402(h)(1)(B), 457, 501(c)(18) and 403(b) covering such Participant, regardless of employer.

Salary Deferral Contribution means the amount contributed to the Plan in accordance with Section 3.1.

Salary Deferral Contribution means a contribution made by a Participating Employer to a Participant’s Salary Deferral Account on behalf of the Participant for such Plan Year in an amount equal to the total amount by which the Participant’s Compensation from a Participating Employer was reduced during the Plan Year pursuant to the Salary Deferral Agreement. Employees whose work is covered by a collective bargaining agreement and with respect to whom retirement benefits have been the subject of good faith bargaining are ineligible for this contribution, unless such agreement provides for such contribution or provides that Employees whose work is covered by that agreement will participate in the Plan to the same extent as Employees not covered by that or any other collective bargaining agreement. The dollar limitation of Code Section 402(g), as adjusted, shall apply in the aggregate to Elective Contributions under this Plan and elective contributions on behalf of the Participant for the same taxable year under all cash and deferred arrangements described in Code Section 402(h)(1)(B), 457, 501(c)(18) and 403(b) covering such Participant, regardless of employer, except to the extent permitted for Catch-Up Contributions under Section 3.1(e) of the Plan.

Salary Deferral Contribution means the contribution, if any, made to the Plan by the Employer pursuant to Paragraph B of Article III.

Salary Deferral Contribution means a contribution made by a Participating Company on the Participant's behalf pursuant to Section 5.1.