27 Miss. Code. R. 210-65-101 - Statutory definition
Except as otherwise provided by law, the term "earned compensation" means the total amount earned during a fiscal year by an employee not to exceed the employee compensation limit set pursuant to ยง 401(a)(17) of the Internal Revenue Code for the calendar year in which the fiscal year begins and proportionately for less than one year of service. The intent of this definition is to limit earned compensation to the regular periodic compensation paid to an employee, except as otherwise specifically provided by law.
Notes
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