MANAGEMENT BENEFIT PROGRAM Sample Clauses

MANAGEMENT BENEFIT PROGRAM. POLICE SERGEANTS‌ 39.1 The CITY shall make available to Police Sergeants, a special Management benefit, consisting of an additional forty (40) hours of compensation, prorated for permanent part-time employees which may be taken in either cash or time off, or a combination of the two, at the employee’s option. If taken in cash, payment shall be made at the employee’s regular hourly rate of pay and may be requested by the employee at any time between July 1 and June 30 of each fiscal year, subject to the approval of the Chief of Police. The Management benefit is granted on July 1 of the fiscal year and is not accumulative from year to year. If the employee’s forty (40) hour bank has not been exhausted by June 30, the balance will be automatically paid off at the employee’s regular hourly rate of pay as of June 30. The program will be administered in accordance with guidelines issued by the Administrative Services Department. 39.2 Police Lieutenants and Police Captains shall be exempt from this Article 39.
View SourceView Similar (3)

Related to MANAGEMENT BENEFIT PROGRAM

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.

  • Benefit Programs The Executive shall be eligible to participate in any plans, programs or forms of compensation or benefits that the Company or the Company’s subsidiaries provide to the class of employees that includes the Executive, on a basis not less favorable than that provided to such class of employees, including, without limitation, group medical, disability and life insurance, paid time-off, and retirement plan, subject to the terms and conditions of such plans, programs or forms of compensation or benefits.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)

  • EMPLOYEE BENEFIT PROGRAM (i) During the TERM, the EMPLOYEE shall be entitled to participate in all formally established employee benefit, bonus, pension and profit-sharing plans and similar programs that are maintained by the EMPLOYERS from time to time, including programs in respect of group health, disability or life insurance, reimbursement of membership fees in civic, social and professional organizations and all employee benefit plans or programs hereafter adopted in writing by the Boards of Directors of the EMPLOYERS, for which senior management personnel are eligible, including any employee stock ownership plan, stock option plan or other stock benefit plan (hereinafter collectively referred to as the "BENEFIT PLANS"). Notwithstanding the foregoing sentence, the EMPLOYERS may discontinue or terminate at any time any such BENEFIT PLANS, now existing or hereafter adopted, to the extent permitted by the terms of such plans and shall not be required to compensate the EMPLOYEE for such discontinuance or termination. (ii) After the expiration of the TERM or the termination of the employment of the employee for any reason other than JUST CAUSE (as defined hereinafter), the EMPLOYERS shall provide a group health insurance program in which the EMPLOYEE and his spouse will be eligible to participate and which shall provide substantially the same benefits as are available to retired employees of the EMPLOYERS on the date of this AGREEMENT until both the EMPLOYEE and his spouse become 65 years of age; provided, however that all premiums for such program shall be paid equally by the EMPLOYERS and the EMPLOYEE and/or his spouse after the EMPLOYEE's retirement; provided further, however, that the EMPLOYEE may only participate in such program for as long as the EMPLOYERS elect in their sole discretion to make available an employee group health insurance program which permits the EMPLOYERS to make coverage available for retirees.

  • Pilot Project – One Employer Two Homes Employment Opportunities Where the local parties enter into these agreements, the agreement shall include the following principles: