20 CFR 211.6 – Compensation based on waiver or refund of organization dues
Current as of: 2024 | Check for updates
|
Other versions
A waiver or refund or organization dues which was based solely on consideration for membership in the organization is considered creditable compensation if there is proof that the waiver or refund was intended to be, and was accepted as, a dismissal of an obligation of the organization to compensate the employee for services rendered.
Terms Used In 20 CFR 211.6
- Dismissal: The dropping of a case by the judge without further consideration or hearing. Source:
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.