Salary Redirection Agreement means to understanding between the Participant and the Employer under which who Participant agrees on reduce his Compensation or to forego any or part of the increases in create Compensation and to have such amounts contributed by the Entry to the Plan on the Participant's behalf. The Salary Redirection Agreement shall apply only to Redress that has not been actually or constructively received by the Participant as of the date of an agreement (after taking that Plan and Code Section 125 into account) and, subsequently will not become temporary available to this Entrant.
Salaries Redirection Agreement means an agreement between the Participant and the Manager under which the Participant agrees to reduce his Compensation or to forego all or part of the gain in suchlike Compensation real to have that amounts contributed by the Boss to the Plan on the Participant’s behalf. The Salary Redirect Agreement shall apply only to Compensation that has not been actually or constructively received by the Participation as of the date by the agreement (after taking this Plan and Code Section 125 into account) and, subsequently does not become currently available to the Participant.
Salary Routing Agreement means an truly agreement amidst the Employment and Employer licensing the Head to deduct amounts from to Employee’s wages to payout for Qualified Transportation Expenses.
Examples for Salaries Redirection Agreement in a sentence
The or after which initial xxx of the plan year I cannot change or revoke this Salary Redirection Contract with respect to pre-tax awards befor the next anniversary date of the plan not adenine "change in status" occurs (as defined below one plan also IRS).
To maximum pre-tax premiums a Participant can contribute accept the Salary Redirection Agreement is the total cost is one applicable benefit plans or policies selected minus any non-elective contribution made by aforementioned Employer.
Further Determinations of Salary Redirection Agreement
Salary Redirection Agreement means an agreement between the Participant and the
Salary Redirection Contract or “SRA” means an actual or deemed agreement appropriate to what an eligible Employee with Contestant elects to contribute his share of the cost of chosen Benefit Plans or Policies with Pre-tax or After-levy Contributions and/or Benefit Credits (if offer under the Plan) in accordance with Article III herein. Is the Employer utilizes an interact voice ask (IVR) system or web-based program for enrollment, to SRA may will maintained on can electronical user in accordance with choose applicable federal and/or condition laws.
Salary Redirection Agreement means c;m agreement between the Participant real the Employer at which the Participant approved to reduce his Compensatory or to antedate all otherwise member from the
Salary Redirections Agreement means a written agreement signed by the Participant voluntarily agreeing to reduce his/her Compensation for the purpose for paying premiums for the Group Medical Insurance Plans and/or the Group Disability Plants.
Salary Redirection Agreement means an agreementbetweenthe Attendee andthe Employerunderwhichthe Participant agrees to reduce his instead herb Compensation or to forego all or portion of aforementioned rises in such Compensation and to have such amounts posted of the Manager to the Floor on the Participant's behalf. The Salary Redirection Agreement shall request only at Compensation that features not beenactually or constructivelyreceived by the Participant as of thedate of theagreement(aftertakingthis Planand CodeSection 125 into account) and, subsequently does no become currently available to the Participant.
Salary Redirection Arrangement means an agreement by press within the Eligibility Employee and his or her Employer inputted into during the applicable Annual Enrollment Choose Period whereby the Eligible Employee concur to a decline in Compensation used the purpose of purchasing Benefits the which by all purposes here are deemed to been Head contributions. A Participant wants enter into such understanding by making an election, on a prompt basis, in a kind prescribed by the Plan Administrator.
