Eligible Pay

2024 Plan Information

What Is Eligible Pay?

Generally, Eligible Pay represents your earnings in a given year. It does not include certain reported income such as imputed income and payments to satisfy a loan, among others. It is generally similar (but not identical to) your prior year’s Form W-2 earnings.

The components of your specific Eligible Pay are detailed on the Payroll website (click YTD Data, Eligible Pay). You can compare the amount shown there with the income portion of your corresponding payroll summary to see the differences, if any.

Eligible Pay includes, but is not limited to:

  • Base pay
  • Most bonus payments
  • Incentive compensation (when paid)
  • Commissions
  • Cash performance awards
  • Overtime
  • Premium pay
  • Night premiums
  • Retroactive pay
  • Shift differentials
  • Vacation pay
  • Allowances
  • Payouts from deferred compensation plans
  • Amounts deferred under Flexible Spending Accounts, Commuter Benefits Program and the 401(k) Plan

Eligible Pay does not include:

  • Referral fees
  • Relocation expenses
  • Amounts paid by Morgan Stanley prior to employment start date
  • Employee expense reimbursements
  • Imputed income
  • Certain bonuses to satisfy a loan
  • Benefits paid under any plan or payroll practice due to retirement, disability or death of an employee or his or her dependents
  • Retention awards
  • Similar types of pay determined by the Plan Administrator

Find Your Eligible Pay

Generally, the components of your specific Eligible Pay are detailed on the Payroll Summary intranet page (click W-2 & YTD Data then Eligible Pay).