Employees Hired Before November Sample Clauses

Employees Hired Before November. 17, 2005 (“Legacy Plan Members”)‌ Effective March 31, 2025 for future service benefit accruals for current employees: • Adjust the number of years for final average earnings to 5 years from 3 years Explanatory Note on Pension Change for Legacy Plan Members Final Average Earnings • Pension benefits earned for future service beginning March 31, 2025 will be based on a high five-year average instead of a high three-year average; the high three-year average will continue to apply to pension benefits earned for service prior to March 31, 2025.
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Related to Employees Hired Before November

  • Overtime-Eligible Employees Employees who are covered by the overtime provisions of state and federal law.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • Eligible Employees Regular and probationary, full time and less than full-time employees (on a pro rata basis) are eligible to participate in this program. Sec. 903 COURSES ELIGIBLE: The following criteria will be used in determining eligibility for reimbursement:

  • SALARY DETERMINATION FOR EMPLOYEES IN ADULT EDUCATION PCA Article B.3 does not apply in School District No. 34 (Abbotsford).

  • Key Employees The Adviser is not aware that (i) any of its executives, key employees or significant group of employees plans to terminate employment with the Adviser or (ii) any such executive or key employee is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar agreement that would be violated by either the Adviser’s present or proposed business activities, except, in each case, as would not reasonably be expected, individually or in the aggregate, to have an Adviser Material Adverse Effect.

  • School Year Employment If an employee is employed on the basis of a school year and such employment contemplates absences from the State payroll during the summer months or vacation periods scheduled by the Appointing Authority which occur during the regular school year, the employee shall nonetheless remain eligible for an Employer Contribution, provided that the employee appears on the regular payroll for at least one (1) working day in the payroll period immediately preceding such absences.

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

  • Holiday Pay for Employees Laid Off An employee who is laid off at the close of business the day before a holiday who has worked not less than five (5) previous consecutive work days shall be paid for the holiday.

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