blue Posted November 16, 2009 Posted November 16, 2009 When plan was converted in 2005, the document was restated and the definition of compensation excluded deferrals from bonuses in error. The plan was restated in 2005 and the error was just discovered. What needs to be done...is there a VCP to fix a scriveners error?
BG5150 Posted November 17, 2009 Posted November 17, 2009 Did the error find its way into the SPD? QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
blue Posted November 17, 2009 Author Posted November 17, 2009 The summary plan description stated: The following adjustments to compensation will be amde for salary deferrals - bonuses not applicable.
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