Accumulated Benefits Sample Clauses

Accumulated Benefits. All accumulated benefits and rights of employment previously gained shall be retained upon return from an approved leave unless otherwise specified in this agreement.
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Accumulated Benefits. Payments received under the supplementation plan will not reduce the claimant’s accumulated sick leave, vacation leave, severance pay or any other accumulated credits from employment.
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Accumulated Benefits. All employees shall be entitled to sick leave days according to the following schedule: 1st through 3rd year of employment = 13 days per year 4th year of employment = 14 days per year 5th year and on = 15 days per year Employees on an extended contract of thirteen (13) days or more shall be entitled to one
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Accumulated Benefits. $1,797,076 ========== $1,807,500 $ 162,120 ========= $ 162,810 $1,844,260 ========== $1,871,754 $ 235,480 ========= $ 236,467 Effect of projected future salary increases............ 95,632 13,406 151,071 13,184 ---------- --------- ---------- --------- Projected benefits.... 1,903,132 176,216 2,022,825 249,651 Plan assets at fair value.................. Plan assets in excess of 2,263,576 ---------- 152,734 --------- 2,361,527 ---------- 211,489 --------- (less than) projected benefit obligation..... 360,444 (23,482) 338,702 (38,162) Unrecognized net loss... 130,075 31,382 12,879 39,495 Unrecognized prior service cost........... 814 9,389 (1,714) 12,484 Unrecognized net asset existing at transition............. (1,882) (1) (2,241) (1) Additional minimum
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Accumulated Benefits. Sick leave and contractual status benefits accumulated prior to a leave of absence shall not be lost while on leave of absence.
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Accumulated Benefits. Employees granted a leave of absence are entitled to retain their accumulated sick time, vacation right and their salary rate pursuant to past work experience. Staff members on leave may continue to participate in the group plan of health insurance at their own option, and must pay all premiums due during their leave.
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Accumulated Benefits. ‌ All accumulated benefits and rights of employment previously gained before the leave shall be retained upon returning to full employment, regardless of tenure.
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Related to Accumulated Benefits

  • Insured Benefits A transferring employee will be covered by the benefit plans at the designated Employer. There will be no break in coverage and/or no waiting period prior to being able to receive benefits so long as the waiting period has already been served, subject to the requirements of the carrier.

  • Retirement Pay Any teacher with ten (10) years consecutive teaching experience in the Park Hill School District immediately prior to retirement from PSRS without an age reduction for early retirement, shall receive upon retirement from the Park Hill School District a terminal amount based upon the following formula: (Notation, the teacher must make application to PSRS for retirement and begin drawing from PSRS on the first available month following retirement). Years of service to the Park Hill School District to be divided by ten (10) and multiplied by one-ninth (1/9) of the last completed contract. Retirement notification after December 15 for the current academic year will result in a reduction of $1,000.00 from the total under Article 36. In the event of a sudden severe illness of the teacher, teacher’s legally recognized spouse, and/or child, the transfer of a legally recognized spouse, or being called into active military duty may be cause for the District not to impose the late notification reduction of $1,000.00. A teacher who otherwise qualifies for payment under Article 36 and dies while currently classified as an active employee will receive such payment.

  • Extended Benefits If you are disabled on the date your healthcare coverage ends, your benefits will be temporarily extended for any continuous loss, which commenced while your coverage was in force. The services provided under this benefit are subject to all terms, conditions, limitations and exclusions listed in this agreement, and the care you receive must relate to or arise out of the disability you had on the day your healthcare coverage ended. Extended benefits apply only to the subscriber who is disabled. If you want to receive coverage for continued care when your coverage ends, you must provide us with proof that you are disabled. We will make a determination whether your condition constitutes a disability and you will have the right to appeal our determination or to take legal action. The extension of benefits will end upon the earliest of the following events: • the continuous disability ends; or • twelve (12) months from the termination date; or • payment of the benefit limits under this plan.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

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