Salary Redirection definition

Salary Redirection means the contributions made by the Employer on behalf of Participants pursuant to the Section titled: "Salary Redirection". These contributions shall be converted to Cafeteria Plan Benefit Dollars and allocated to the funds or accounts established under the Plan pursuant to the Participants' elections made under the Article titled: "Participant Elections".
Salary Redirection means the contributions made by the Employer on behalf of Participants pursuant to Section
Salary Redirection means the contributions made by the Employer on behalf of Participants pursuant to Section 3.1. These contributions shall be converted to the account established under the Plan under Article V.

Examples of Salary Redirection in a sentence

  • Salary Redirection amounts shall be contributed on a pro rata basis for each pay period during the Plan Year.

  • All individual Salary Redirection Agreements are deemed to be part of this Plan and incorporated by reference hereunder.

  • As soon as reasonably practical after each payroll period, the Employer shall apply the Salary Redirection to provide the Benefits elected by the affected Participants.

  • The amount of such Salary Redirection shall be specified in the Salary Redirection Agreement and shall be applicable for a Plan Year.

  • With regard to the Dependent Care Flexible Spending Account, the Participant's participation in the Plan shall cease and no further Salary Redirection contributions shall be made.


More Definitions of Salary Redirection

Salary Redirection means the contributions made by Nye County on behalf of Participants pursuant to Section 3.1. These contributions shall be converted to Cafeteria Plan Benefit Dollars and allocated to the funds or accounts established under the Plan pursuant to the Participants' elections made under Article V.
Salary Redirection means contributions made to the Trust Fund by the Employer pursuant to Section 3.1, and, where appropriate, the Catch-Up Contributions allowed by Section 3.2
Salary Redirection means the contributions made by the Employer on behalf of Participants in accordance with the Section titled: "Salary Redirection". These contributions shall be allocated to the funds or accounts
Salary Redirection means the contributions made by the Employer on behalf of Participants in accordance with the Section titled: "Salary Redirection". These contributions shall be allocated to the funds or accounts established for cost of applicable Benefits provided under the Plan pursuant to the Participants’ elections made under the Article titled: "Participant Elections".
Salary Redirection means the contributions made by the Employer on behalf of Participants pursuant to Section 3.1. These contributions shall be converted to Flexible Benefits Plan Dollars and
Salary Redirection means an election made by the Participant under which the Participant agrees to reduce his Compensation or to forego all or part of the increases in such Compensation and to have such amounts contributed by the Employer to the Plan on the Participant’s behalf pursuant to Section 3.1. A Participant’s Salary Redirection election shall apply only to Compensation that has not been actually or constructively received by the Participant as of the date of the election (after taking this Plan and Code Section 125 into account) and, subsequently does not become currently available to the Participant.