Deferred Compensation Plan For Non-employee Directors In Orange
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State:
Multi-State
County:
Orange
Control #:
US-00418BG
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Word;
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Deferred compensation is an arrangement in which a portion of an employee's income is paid out at a date after which the income is actually earned. A Deferred Compensation Agreement is a contractual agreement in which an employee (or independent contractor) agrees to be paid in a future year for services rendered. Deferred compensation payments generally commence upon termination of employment (e.g., retirement) or death or disability before retirement. These agreements are often geared toward anticipated retirement in order to provide cash payments to the retiree and to defer taxation to a year when the recipient is in a lower bracket. Although the employer's contractual obligation to pay the deferred compensation is typically unsecured, the obligation still constitutes a contractual promise.
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Additionally, a PDF copy of the response must be e-mailed to James Reeves: james. The New York City Deferred Compensation Plan (DCP) allows eligible New York City employees a way to save for retirement through convenient payroll deductions.Form, Schedule or Registration Statement No.: Filing Party: Date Filed: Table of Contents. Avery Dennison Corporation. WHEREAS, the County of Orange sponsors the Deferred Compensation Plan for. The purpose of the Plan is to encourage Eligible Individuals to make and continue careers with Orange.