Proration of Benefits Sample Clauses

Proration of Benefits. Any payments or benefits hereunder, in any year during which Executive is employed by the Corporation for less than the entire year shall, unless otherwise provided in the applicable plan or arrangement, be prorated in accordance with the number of days in such year during which Executive is employed by the Corporation.
AutoNDA by SimpleDocs
Proration of Benefits. Any payments or benefits pursuant to this Section 4, in any year during which the Executive is employed by the Corporation for less than the entire year, shall, unless otherwise provided herein or in the applicable plan or arrangement, be prorated in accordance with the number of days in such year during which the Executive is employed by the Corporation.
Proration of Benefits. After an employee has successfully attained non- probationary status, the benefits available as specified elsewhere in this agreement will be prorated during the first year of employment using the number of months scheduled to work divided by the number of months normally worked in a year for that position. Example: Class IV, full-year new employee starting work on 11/8/98 would be entitled to 8.0 sick leave days (8/12 X 12 = 8.0) during the 98-99 school year. On each July 1 thereafter, that employee would be entitled to an additional 12 days.
Proration of Benefits. Any teacher working less than the full school year shall be covered by the following provisions:
Proration of Benefits. The following formula will be applied to regular part-time bargaining unit members when calculating their life insurance coverage, summer hours if a shortened work week is approved, vacation, sick leave, and other paid time off benefits: Two rates will be calculated for part-time employees for health insurance premiums. Employees who work 20 - 29 hours per week will receive 50 percent of the full-time benefit. Employees who work 30 - 39 hours per week will receive 75 percent of the full-time benefit.
Proration of Benefits. When benefits allowed under this article are prorated, they shall be prorated in accordance with the following schedule:
Proration of Benefits. All leaves in this Section shall be prorated based on 8 a full time assignment, "A" work year.
AutoNDA by SimpleDocs
Proration of Benefits. Certificated employees who work thirty (30) hours or more per week shall receive employer paid health, dental, vision and life insurance benefits. The employee will be responsible for any cost above the fringe benefits cap provided by the employer. Certificated employees who work less than thirty (30) hours per week shall be entitled to fringe benefits as follows: HOURS WORKED PER WEEK EMPLOYEE'S CONTRIBUTION EMPLOYER'S CONTRIBUTION 25 or more but less than 30 1/6 5/6 20 or more but less than 25 1/3 2/3 Less than Employees working less than twenty (20) hours per week, substitutes 20 hours and temporary employees are not eligible for participation in employer funded fringe benefits and may not participate in fringe benefit programs at their own expense. All employees, both full-time and part-time, shall participate in the full health, dental, vision and life insurance benefits plan by payroll deduction.
Proration of Benefits. 10.1 A classified employee who works a minimum of thirty (30) minutes per day in excess of his/her part-time assignment for a period of twenty (20) consecutive working days or more, shall have his/her basic assignment changed to reflect the longer hours in order to acquire fringe benefits on a properly prorated basis.
Proration of Benefits. After three (3) years of continuous service, unit members hired after August 26, 1998, and before July 1, 2013 the following language will apply:‌ Unit members working less than six (6) hours shall receive appropriate proration of the Employer's contribution for medical and dental coverage under the approved programs. Unit members working six (6) or more hours per day are eligible to receive the full Employer contribution, if they elect to take the insurance coverage.
Time is Money Join Law Insider Premium to draft better contracts faster.