Retirement Plan Provisions Sample Clauses

Retirement Plan Provisions. Teachers' eligibility for and participation in the Retirement Plan shall be in accordance with district policies, and in accordance with PERA (Public Employee's Retirement Association) "Retirement Plan."
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Retirement Plan Provisions. Any employee requiring such information shall contact the Shop Xxxxxxx for same.
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Retirement Plan Provisions. The retirement plans in effect for employees covered by this Memorandum of Understanding shall remain in full force and effect and includes the following benefits: Employees covered by this Memorandum of Understanding will be provided with the following benefits: Sworn - Effective 1/1/03, the Authority amended its contract with PERS to provide for the three percent (3%) at fifty-five (55) benefit. Non-sworn - Effective 7/1/08, the Authority amended its contract with PERS to provide for the two and one half percent (2.5%) at fifty-five (55) benefit. Final Compensation Average – Highest single year. 1959 Survivors Benefit - In 2001, the Authority amended its contract with PERS to provide the Fourth Level of this benefit. Post-retirement Survivor Benefit Unused Sick Leave Credit (Employees with unused sick leave at retirement will receive additional service credit at the rate of 0.004 years for each day of sick leave.) Sworn - For employees hired after December 31, 2012, who are not “Classic Members” the contract between the Central Marin Police Authority and the Public Employees Retirement System (PERS) which provides retirement benefits for eligible employees, shall be modified to provide the following benefits: Retirement Formula – Full 2.7% at 57 Final Compensation Average – 3 Years Unused Sick Leave Credit The employee contribution shall be done in accordance with Government Code Section 7522.30. Non- Sworn - For employees hired after December 31, 2012, who are not “Classic Members” the contract between the Central Marin Police Authority and the Public Employees Retirement System (PERS) which provides retirement benefits for eligible employees, shall be modified to provide the following benefits: Retirement Formula – 2.0% at 62 Final Compensation Average – 3 Years Unused Sick Leave Credit The employee contribution shall be done in accordance with Government Code Section 7522.30. When comparing Central Marin Police Authority employees' wages with wages of employees in other jurisdictions, it is understood that these new retirement benefits will be considered part of the total compensation for said employees.
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Retirement Plan Provisions 
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Related to Retirement Plan Provisions

  • Plan Provisions In addition to the terms and conditions set forth herein, the Award is subject to and governed by the terms and conditions set forth in the Plan, as may be amended from time to time, which are hereby incorporated by reference. Any terms used herein with an initial capital letter shall have the same meaning as provided in the Plan, unless otherwise specified herein. In the event of any conflict between the provisions of the Agreement and the Plan, the Plan shall control.

  • SAVINGS PROVISIONS 19.1 If any provisions of this Agreement are held to be contrary to law by a court of competent jurisdiction, such provisions will not be deemed valid and subsisting except to the extent permitted by law, but all other provisions will continue in full force and effect.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Incorporation of Plan Provisions These Terms and Conditions and the Agreement are made pursuant to the Plan, the provisions of which are hereby incorporated by reference. Capitalized terms not otherwise defined herein shall have the meanings set forth for such terms in the Plan. In the event of a conflict between the terms of these Terms and Conditions and the Agreement and the Plan, the terms of the Plan shall govern.

  • Retirement Plan Employee shall participate, after meeting eligibility requirements, in any qualified retirement plans and/or welfare plans maintained by the Company during the term of this Agreement.

  • SAVINGS PROVISION If any provisions of this Agreement are held to be contrary to law by a court of competent jurisdiction, such provisions will not be deemed valid and subsisting except to the extent permitted by law, but all other provisions will continue in full force and effect.

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

  • Covered Benefits and Services The Contractor shall provide to its Hoosier Healthwise members, at a minimum, all benefits and services deemed “medically reasonable and necessary” and covered by the IHCP, and included in the Indiana Administrative Code and under the Contract with the State. A covered service is considered medically necessary if it meets the definition as set forth in 405 IAC 5-2-17. The Contractor shall deliver covered services sufficient in amount, duration or scope to reasonably expect that provision of such services would achieve the purpose of the furnished services. Costs for these services are the basis of the Contractor’s capitation rate and are, therefore, the responsibility of the Contractor. Coverage may not be arbitrarily denied or reduced and is subject to certain limitations in accordance with CFR 438.210(a)(4), which specifies when Contractors may place appropriate limits on services:  On the basis of criteria applied under the State plan, such as medical necessity; or  For the purpose of utilization control, provided the services furnished are sufficient in amount, duration or scope to reasonably be expected to achieve the purpose for which the services are furnished.

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • 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.

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