LEAVE CONTRIBUTIONS Sample Clauses

LEAVE CONTRIBUTIONS. Each teacher will be allowed to contribute up to three (3) leave days per incident to staff members who have suffered a catastrophic event. ITEM XI: RESIGNATIONS, CONTINUATION, NON-RENEWAL AND TERMINATION OF CONTRACT Contract renewals, continuations, terminations will be according to State and Federal laws. All teacher requests for release after the time designated by said laws may be granted subject to the availability of a suitable replacement and in accordance with the remittance of the following liquidated damages: Fifteenth calendar day following the third Friday in May until June 30 (K.S.A, 72-5437) June 30 $1000 July 1 – July 15 $3500 July 16 – After Beginning of Contract $5000 The Board retains the right to waive any or all liquidated damages.
Sample 1
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LEAVE CONTRIBUTIONS. Each teacher will be allowed to contribute up to three (3) leave days per incident to staff members who have suffered a catastrophic event. .ITEM XI: RESIGNATIONS, CONTINUATION, NON-RENEWAL AND TERMINATION OF CONTRACT Contract renewals, continuations, terminations will be according to State and Federal laws. All teacher requests for release after the time designated by said laws may be granted subject to the availability of a suitable replacement and in accordance with the remittance of the following liquidated damages: Fifteenth calendar day following the third Friday in May until June 30 (K.S.A, 72-5437) June 30 $100 July – July 31 $500 Aug.1 – Beginning of Contract $1000 After Beginning of Contract $1300 SECTION A: Federal Law #72-5412 states “….any contract of employment made by the board of education of any school prior to the public hearing on the budget of such school district shall be voidable in case adequate funds are not available in such budget for the compensation provided for in such contracts.” As a result of the Interlocal arrangement of the Doniphan County Education Cooperative “school districts” also implies the ability for school districts to be charged with equal control and/or authority. SECTION B: REDUCTION IN FORCE (R.I.F.) POLICY As a result of decreasing enrollment, limited financial resources, changes in educational programs, or other circumstances, it may be necessary to reduce the number of professional employees employed by DCEC. A decision to reduce professional staff will in all cases be made by the Board of Education. The Board may retain any professional employee who it deems necessary to staff all programs of DCEC, including curricular, co-curricular and extra-curricular programs, it is the policy of DCEC, use normal attrition of staff; i.e., resignations, retirement, leaves of absence, as the first means of achieving a reduction in professional staff. However, when normal attrition is not sufficient, it shall be accomplished in a fair and orderly manner as provided in this policy. No action may be taken under this policy if it will result in a violation of federal, state, or local laws or regulations.
Sample 1

Related to LEAVE CONTRIBUTIONS

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Employee Contributions Any member of the bargaining unit who is hired on or after September 1, 2010 is eligible to make a voluntary contribution to the City=s Deferred Compensation Plan offered by Ameritas.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Rollover Contributions A rollover is a tax-free distribution of cash or other assets from one retirement program to another. There are two kinds of rollover contributions to an IRA. Xx one, you contribute amounts distributed to you from one IRA xx another IRA. Xxth the other, you contribute amounts distributed to you from your employer's qualified plan or 403(b) plan to an IRA. X rollover is an allowable IRA xxxtribution which is not subject to the limits on regular contributions discussed in Part D above. However, you may not deduct a rollover contribution to your IRA xx your tax return. If you receive a distribution from the qualified plan of your employer or former employer, the distribution must be an "eligible rollover distribution" in order for you to be able to roll all or part of the distribution over to your IRA. Xxe portion you contribute to your IRA xxxl not be taxable to you until you withdraw it from the IRA. Xxur employer or former employer will give you the opportunity to roll over the distribution directly from the plan to the IRA. Xx you elect, instead, to receive the distribution, you must deposit it into the IRA xxxhin 60 days after you receive it. An "eligible rollover distribution" is any distribution from a qualified plan that would be taxable other than (1) a distribution that is one of a series of periodic payments for an employee's life or over a period of 10 years or more, (2) a required distribution after you attain age 70 1/2 and (3) certain corrective distributions. If the entire amount in your IRA xxx been contributed in a tax-free rollover from your employer's or former employer's qualified plan or 403(b) plan, you may later roll over the IRA xx a new employer's plan if such plan permits rollovers. Your IRA xxxld then serve as a conduit for those assets. However, you may later roll those IRA xxxds into a new employer's plan only if you make no further contributions to that IRA, xx commingle the IRA xxxlover funds with existing IRA xxxets.

  • Company Contributions (a) For employees hired, rehired or who become covered under the CWA 3176 Agreement through any means before January 1, 2016, the Company shall contribute a Company Matching Contribution equal to 25 percent of the Participant’s Contribution up to a maximum of 6 percent of eligible wage.

  • Pension Contributions 19.2.3.1 Unless required by law to commence receiving a pension prior to the Member’s actual retirement date (i.e., currently December 31 of the year in which the Member attains age sixty-nine (69)) the Member who postponed retirement beyond his or her TRD will continue to make pension contributions.

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