Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Omnibus Budget Reconciliation Act of 1993

Federal legislation that impacts many direct and indirect components of pay (such as qualified retirement plan limits), increases the Medicare tax base, eliminates the deduction for executive pay in excess of $1 million under most circumstances, and extends the tuition reimbursement exclusion.

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Old Age, Survivors, Disability and Health Insurance Act (OASDHI)

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On-Call Pay

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