Non-Contributory Eligible Employee

Example Definitions of "Non-Contributory Eligible Employee"
Non-Contributory Eligible Employee. Unless determined otherwise by the Company in its discretion, a Non-Contributory Employee who (a) is an employee at or above Level 50 for the initial Plan Year or Willis Towers Watson Level 38 (or the equivalent of a Level 50), in either case as determined by the Committee, (b) has Eligible Compensation for the applicable Plan Year.
Non-Contributory Eligible Employee. Unless determined otherwise by the Company in its discretion, a Non-Contributory Employee who (a) is an employee at or above Level 50 for the initial Plan Year or Willis Towers Watson Level 38 (or the equivalent of a Level 50), in either case as determined by the Committee, (b) has Eligible Compensation for the applicable Plan Year; provided that, effective January 1, 2024, no employee shall be a Non-Contributory Eligible Employee. Notwithstanding the foregoing, employees who are paid on the... bi-weekly payroll shall be excluded from the definition of Non-Contributory Eligible Employee View More
All Definitions