Final Monthly Compensation

Final Monthly Compensation. Final Monthly Compensation means the final monthly compensation of a Participant determined in the same manner as under the provisions of the Pension Plan without regard to whether the Participant is also a participant in the Pension Plan, except that (i) the limitation on compensation under Section 401(a)(17) of the Code will not be taken into account; and (ii) with respect to a Participant who participates in a Belo annual incentive compensation plan, compensation will include the amount of... the Participant's target incentive cash compensation under such annual incentive compensation plan rather than the amount of the actual incentive cash compensation payment. View More