Sentences with phrase «salary reduction agreements»
After reviewing fund prospectuses, employees must complete a SIMPLE / SEP IRA Application and Transfer Request form (if applicable), as well as a Salary Reduction Agreement.
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By that he meant a total cap on player salaries, which is a main element of the new agreement — an $ 825,000 per annum maximum payroll for each club, to be achieved by mandatory annual 10 % reductions.
... as drafted, the proposed legislation not only sets the stage for across the board wage freezes and restrictions on individual salary movement within range, but is also broad enough to allow for compensation reductions as well as a host of changes to non-compensation provisions of collective agreements.