Special Benefit. All Regular Full-Time and Temporary Full-Time Employees who have completed a probationary period of six (6) months of service will receive one and one-half percent (1½%) of the basic hourly salary, which amount shall be added to the basic hourly salary.
Special Benefit. If it shall be determined by a final administrative decision of the Internal Revenue Service (which is not appealed by the Executive) or by a final decision of a court of competent jurisdiction (which is not appealed by the Executive) that the value of all or any part of any benefit contemplated by this Agreement is includable in the income of the Executive prior to the actual receipt of such benefit, the Company shall make a special payment to the Executive, in discharge of the actuarially equivalent value (based upon the actuarial factors in effect when benefits other than the benefit described in this Section 2.3 commence to be paid to the Executive hereunder) of any benefits otherwise due hereunder (and such other benefit shall be reduced to reflect the actuarial value of any such special payment made pursuant to this Section 2.3), in an amount equal to the Executive’s estimated federal, state and local income tax liabilities related to such inclusion and to the inclusion in income of such special payment. The Executive shall have no obligation to appeal any determination made by the Internal Revenue Service or the decision of any such court.
Special Benefit. All Regular Full-Time and Temporary Full-Time Employees who have completed a probationary period of six (6) months of service will receive one and one-half percent (1½%) of the basic monthly salary, which amount shall be added to the basic monthly salary. First Aid Premiums for Designated Holders of Occupational First Aid Certificates Employees who are required by the City to perform first aid duties in addition to their normal duties and who hold a valid Occupational First Aid Certificate shall be paid a premium in accordance with the certificate required by the City as follows: Full-Time Employees Regular Part-Time & Auxiliary Employees OFA Level II $125 per month 80¢ per hour OFA Level III $145 per month 95¢ per hour The City will pay course fees for the OFA Level II and/or III course for employees who are required to have such certification. Derivation of Bi-Weekly and Monthly Rates The hourly rates set forth in Schedule "A" shall be the basis for application of any general salary increases. The formula for converting the hourly rates to bi-weekly and monthly rates is as follows: hourly rate X bi-weekly hours = bi-weekly rate (taken to 2 decimal places) bi-weekly rate X 26.089 = monthly rate (taken to the nearest dollar) 12
Special Benefit. The term “Special Benefit” shall mean the $76.20 Special Age 65 Benefit related to Medicare Part B premium.
Special Benefit. The provisions of subsection (b) to the contrary notwithstanding, for an employee who became disabled prior to January 1, 1974 and who was eligible for Extended Disability Benefits on September 17, 1979, the monthly Extended Disability Benefit for each month of disability that such employee is not entitled to a Disability Benefit under any existing or future Provincial or Federal legislation, shall be the applicable amount determined in accordance with the Schedule of Benefits in effect at the commencement of the employee's disability, increased by $50.00 for each such month commencing on or after September 17, 1979 but prior to September 20, 1982 and by $100.00 for each such month commencing on or after September 20, 1982, subject, in either case, to reductions in accordance with subsection (b).
Special Benefit. 1. If either the Corporation terminates Recipient's employment in a Notice of Termination specifying no reason or a reason other than Cause or Disability, or Recipient terminates his employment with the Corporation in a Notice of Termination specifying Good Reason, and Recipient's employment has not terminated automatically as a result of death, then to the extent the RSU Award is at that time outstanding, Recipient shall be credited with an additional twenty-four (24) months of employment with the Corporation for purposes of the vesting schedule in effect for the RSU Award so that Recipient shall be immediately vested in the RSU Award to the same extent as if Recipient had completed an additional twenty-four (24) months of employment with the Corporation prior to the Date of Termination.
Special Benefit. All Regular Full-Time and Temporary Full-Time Employees who have completed a probationary period of six (6) months of service will receive one and one-half percent of the basic monthly salary, which amount shall be added to the basic monthly salary. First Aid Premiums for Holders of Occupational First Aid Certificates Employees who are required by the City to perform first aid duties in addition to their normal duties and who hold a valid Occupational First Aid Certificate shall be paid a premium in accordance with the certificate required by the City as follows: Regular Part-Time Full-Time Employees Auxiliary Employees Level per month per hour September per month per hour) Level ill per month per hour September per month per hour) The City will pay course fees for the Level course for employees who are required to have such certification. Derivation of and Monthly Rates The hourly rates set forth in Schedule "A'shall be the basis for application of any general salary increases. The formula for converting the hourly rates to and monthly rates is as follows: hourly rate (taken rate hours to decimal places) rate x monthly rate (taken to the nearest dollar)
Special Benefit. (a) A retired employee, or a surviving spouse, (i) age 65 or older, or (ii) under age 65 and enrolled in the voluntary “Medicare” coverage that is available under the Federal Social Security Act by making contributions (in either case excluding the spouse of a former employee who received a deferred vested pension benefit under Article VII of the Plan), who is receiving a monthly benefit under Article II of the Plan which commenced prior to October 1, 1979, subject to (d) below, shall receive a monthly special benefit equal to the lesser of the generally applicable Medicare Part B premium, or $76.20 for months commencing on or after January 1, 2004.
Special Benefit. All Regular Full-Time and Temporary Full-Time Employees who have a probationary period of six months of service will receive one and one-half percent of the basic monthly salary, which amount shall be added to the basic monthly salary. In the event that a problem occurs that is not provided for by these provisions, it shall be resolved by mutual agreement of the parties hereto. Derivation of Rates for Salaried The monthly salaries set forth in Schedule "A" shall be the basis for the application of any general salary increases. The formula for converting the monthly salaries to hourly and rates is as follows: Monthly Rate hourly rate hours (taken to places) hourly rate (taken multiplied by rate (taken to places) hours to decimal places1 or The resultant hourly and rates are the pay rates to which salaried employees are entitled. The salaries shall be calculated to the nearest dollar [e.g. more shall be increased to the next highest dollar and less than shall not be VACATIONS Annual Vacation Paid annual vacation for Regular Full-Time and Temporary Full-Time Employees shall be allowed as follows: Employees leaving the service in less than twelve (12) months from the date of appointment shall be granted vacation pay in accordance with the Standards Act". In the first part calendar year of service, vacation will be granted on the basis of one-twelfth of ten working days for each month or portion of a month greater than one-half worked by December Fifteen working days of annual vacation during the second up to and including the ninth (9th) calendar year of service. working days of annual vacation during the tenth up to and including the seventeenth (17th) calendar year of service. working days of annual vacation during the eighteenth (18th)up to and including the twenty-fifth calendar year of service. Thirty working days of annual vacation during the twenty-sixth (26th) and all subsequent calendar years of service. who leave the service after completion of twelve consecutive months of employment shall receive vacation pay for the calendar year in which occurs on the basis of one-twelfth of their vacation entitlement for that year for each month portion of a greater than one-half worked to the date of termination, or at that percentage of wages earned during the calendar year set by the Standards Act", whichever is greater. "Calendar year" for the purposes of this Agreement shall mean the twelve month period from January 1st to December inclusive.
Special Benefit. The Company will reimburse standard travel expenses for your wife to and from Kona up to twice a month for the first eight months of your employment, after which the continuation of this benefit will be re-evaluated.
