Excess Contribution
Excess Contribution. Means the amount of Salary that an Eligible Employee has elected to contribute to the Plan once his/her Salary is in excess of the Code Section 401(a)(17) limitations on contributions to the Savings Plan.
Found in
SAFECO CORP contract
Excess Contribution. Means the amount of Salary (not to exceed 10%) that a Participant has elected to contribute to the Savings Plan which is in excess of applicable Code limitations on contributions to the Savings Plan.
All Definitions
Found in
SAFECO CORP contract