Creditable Earnings Sample Clauses

Creditable Earnings. The Parties hereby agree that the Board makes no representations regarding the creditable earnings status with respect to any compensation received by the Assistant Principal pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service and related TRS issues shall be made by TRS and, where applicable, a court of competent jurisdiction.
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Creditable Earnings. The Parties hereby agree that the Board makes no representations regarding the creditable earnings status with respect to any compensation received by the Director pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service, and related IMRF issues shall be made by IMRF and, where applicable, a court of competent jurisdiction.
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Creditable Earnings. The Parties hereby agree, that the Board makes no representations regarding the creditable earnings status with respect to any compensation received by the Athletic Director, pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service and related TRS issues shall be made by TRS and, where applicable, a court of competent jurisdiction.
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Creditable Earnings. The Parties hereby agree that the District and DEA makes no representations regarding the creditable earnings status with respect to any compensation received by LSMs pursuant to the terms of this Agreement. Any and all determinations regarding creditable earnings, creditable service and related TRS issues shall be made by TRS and, where applicable, a court of competent jurisdiction.
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Creditable Earnings. “TRS creditable earnings,” wherever that phrase is used in the entirety of this provision (Retirement Incentive Award Payment), shall mean total TRS creditable earnings including any pension payment.
Sample 1
Creditable Earnings. Notwithstanding any of the other provisions of this agreement, no teacher who is less than ten (10) years from retirement eligibility may receive an overall increase in total reportable creditable earnings in excess of six percent (6%) of the previous year’s total reportable creditable earnings, unless the payment causing the teacher to exceed the six percent (6%) salary threshold is specifically exempt by statute or regulation from the payment of any penalty or other monies constituting a surcharge to the Teachers’ Retirement System. Should the Illinois General Assembly or the Teachers’ Retirement System impose a salary threshold greater or lesser than the six percent (6%) threshold thereby causing the payment of any penalty or other monies constituting a surcharge to TRS, then this agreement shall automatically incorporate this new threshold upon its effective date. Salary Schedule Step BA BA+15 MA/BA+60 MA+15 MA+30 MA+45 MA+60 1 $38,178 $38,942 $40,110 $41,513 $43,174 $45,116 $47,373 2 $38,564 $39,335 $40,515 $41,932 $43,610 $45,572 $47,851 3 $38,953 $39,732 $40,924 $42,356 $44,051 $46,032 $48,335 4 $39,347 $40,134 $41,337 $42,784 $44,496 $46,497 $48,823 5 $39,744 $40,539 $41,755 $43,216 $44,945 $46,967 $49,316 6 $41,334 $42,160 $43,425 $44,945 $46,743 $48,845 $51,289 7 $42,161 $43,003 $44,294 $45,843 $47,678 $49,823 $52,315 8 $43,003 $43,863 $45,180 $46,760 $48,632 $50,820 $53,360 9 $43,863 $44,740 $46,083 $47,695 $49,604 $51,835 $54,427 10 $44,741 $45,636 $47,005 $48,650 $50,596 $52,873 $55,516 11 $45,993 $46,914 $48,320 $50,011 $52,013 $54,352 $57,071 12 $46,913 $47,852 $49,286 $51,012 $53,053 $55,440 $58,212 13 $47,851 $48,808 $50,273 $52,032 $54,114 $56,549 $59,376 14 $48,808 $49,784 $51,278 $53,074 $55,196 $57,679 $60,563 15 $49,785 $50,780 $52,304 $54,135 $56,299 $58,832 $61,775 16 $51,178 $52,202 $53,768 $55,650 $57,876 $60,480 $63,504 17 $51,178 $52,202 $54,843 $56,763 $59,033 $61,691 $64,774 18 $51,178 $52,202 $55,940 $57,899 $60,214 $62,925 $66,070 19 $51,178 $52,202 $57,060 $59,057 $61,418 $64,183 $67,392 20 $51,178 $52,202 $58,201 $60,238 $62,647 $65,465 $68,740 21 $51,178 $52,202 $59,830 $61,924 $64,401 $67,300 $70,663 22 $51,178 $52,202 $61,087 $63,225 $65,754 $68,713 $72,147 23 $51,178 $52,202 $62,430 $64,615 $67,200 $70,224 $73,735 24 $51,178 $52,202 $63,867 $66,101 $68,746 $71,839 $75,432 25 $51,178 $52,202 $65,399 $67,688 $70,396 $73,564 $77,242 26 $51,178 $52,202 $66,707 $69,041 $71,804 $75,035 $78,786 27 $51,178 $52,202 $68,041 $70,...
Sample 1
Creditable Earnings. Notwithstanding any of the other provisions of this agreement, no teacher who is less than ten (10) years from retirement eligibility may receive an overall increase in total reportable creditable earnings in excess of six percent (6%) of the previous year’s total reportable creditable earnings, unless the payment causing the teacher to exceed the six percent (6%) salary threshold is specifically exempt by statute or regulation from the payment of any penalty or other monies constituting a surcharge to the Teachers’ Retirement System.
Sample 1
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Creditable Earnings. The Parties hereby agree that the Board makes no representations regarding the creditable earnings status with respect to any compensation received by the Assistant Principal pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service and related TRS issues shall be DocuSign Envelope ID: F5B6A628-A6A7-4C66-9A28-53A88860591C made by TRS and, where applicable, a court of competent jurisdiction.
Sample 1
Creditable Earnings. The Board makes no representations regarding the creditable earnings status of any compensation received by the Superintendent pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service, and related TRS issues will be made by TRS and, where applicable, a court of competent jurisdiction.
Sample 1

Related to Creditable Earnings

  • Deferred Earnings The manner in which the deferred salary is held shall be at the discretion of the Hospital. The employee will be made aware, in advance of having to sign any formal agreement, of the manner of holding such deferred salary. Interest which is accumulated during each year of the deferral period shall be paid out to the employee in accordance with Part LXVIII of the Income Tax Regulations, Section 6801.

  • HOLIDAY COMPENSATION FOR TIME WORKED 102. Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time and one-half the usual rate in the amount of 12 hours pay for eight hours worked or a proportionate amount for less than eight hours worked, provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime pursuant to the provisions herein. 103. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of one-and-one-half times for work on the holiday.

  • Special Compensation The Company shall pay to the Executive a lump sum equal to three times the sum of (a) the highest per annum base rate of salary in effect with respect to the Executive during the three-year period immediately prior to the termination of employment plus (b) the Highest Bonus Amount. Such lump sum shall be paid by the Company to the Executive within ten business days after the Executive's termination of employment, unless the provisions of Section 3(e) below apply. The amount of the aggregate lump sum provided by this Section 3(c), whether paid immediately or deferred, shall not be counted as compensation for purposes of any other benefit plan or program applicable to the Executive.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows:

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