Supplemental Benefit Plan. “Supplemental Benefit Plan,” when immediately preceded by “Clearwater,” means the Potlatch Forest Products Corporation Salaried Employees’ Supplemental Benefit Plan II. When immediately preceded by “Potlatch,” “Supplemental Benefit Plan” means the non-qualified supplemental excess benefit retirement plan to be established by Potlatch pursuant to Sections 2.2 and 5.1 that corresponds to the Clearwater Supplemental Benefit Plan.
Supplemental Benefit Plan. EMPLOYEE shall be entitled to participate, either individually or through a separate trust or entity, in a Supplemental Death Benefit Agreement (“Plan”) with an insurer of EMPLOYEE’s election, as follows:
Supplemental Benefit Plan. (a) On an annual basis (first week of September), the University will provide $275,000 a pool of money for the supplemental benefits plan for employees covered by the terms of the Unit 1 and 2 Agreements. The value of the pool will be as follows: 2019/20 - $300,000 2020/21 - $325,000 2021/22 - $350,000 2022/23 and every year thereafter - $375,000 (Clarification note: the amount noted above is the combined total for both the Unit 1 and Unit 2 Agreements). Members apply through the Union to receive benefits.
Supplemental Benefit Plan. In addition to the above contribution, the District will contribute the following amount per month for the supplemental benefit plan. See accompanying chart for specific contributions based on an individual’s percentage of contract. District Contribution SY 2017 - 18 & 2018 - 19 Salary Step 60% contract or greater 50% - 59% contract 1-3 $220 $110 4-19 $394 $284 20 and greater $220 $110 Effective with the 2006 - 2007 school year, nurses newly hired may use the supplemental benefit contribution for the following options in the benefit program: medical insurance, dental insurance, vision insurance, cancer insurance, accident insurance, cost of dependent coverage, healthcare reimbursement, or dependent care reimbursement. Nurses who were under contract during the 2005 - 2006 school year and continuously thereafter shall have the additional option to convert unused benefit contributions to additional compensation. Effective July 1, 2014, according to federal law, employees who participate in the Flexible Spending Account (FSA) will have up to $41.66 per month, ($500.00 Employer Contribution) of the supplemental benefit contributed to their FSA. Additionally, employee may elect to contribute an additional $2,500.00 to their FSA (an additional $208.33 per month) from their salary for a total of $3,000.00 annually.
Supplemental Benefit Plan. 21.01 The Company agrees to provide for each hourly paid employee, a layoff, sickness, injury or short week benefit plan. In order to be entitled to benefits under the Supplemental Benefit Plan an individual must have been an employee of the Company for a minimum period of twelve (12) months. The details of the plan are as follows: Layoff benefits
Supplemental Benefit Plan. The Company shall provide the Executive various retirement benefits under the provisions of the Company’s Supplemental Benefit Plan as described in Exhibit A attached hereto. The Company may, from time to time, amend the Supplemental Benefit Plan prospectively.
Supplemental Benefit Plan. (a) Establishment of Southern Energy Supplemental Benefit Plan. Effective as of the Distribution Date, Southern Energy shall establish the Southern Energy Supplemental Benefit Plan which shall be comparable to the Southern Supplemental Benefit Plan. As of the Distribution Date, Southern Energy shall assume all Liabilities to or relating to the Southern Energy Employees under the Southern Supplemental Benefit Plan. As of the Distribution Date, Southern shall assume all Liabilities to or relating to Southern Energy Retired Employees under the Southern Supplemental Benefit Plan.
Supplemental Benefit Plan. In addition to the above contribution, the District will contribute the following amount per month for the supplemental benefit plan. See accompanying chart for specific contributions based on an individual’s percentage of contract. District Contribution SY 2017-18 & 2018-19 Salary Step 60% Contract or Greater 50% - 59% Contract 1-3 $220 $110* 4-19 $394 $284 20 and greater $220 $110* * $174 per month ($2,088/year) has been re-directed to salary for steps 1-3 as well as 20 and above through prior negotiations. Effective with the 2006 - 2007 school year, Mental Health employees newly hired may use the supplemental benefit contribution for the following options in the benefit program: Medical insurance, dental insurance, vision insurance, cancer insurance, accident insurance, the cost of dependent coverage, healthcare reimbursement, or dependent care reimbursement. Mental Health employees who were under contract during the 2005 - 2006 school year and continuously thereafter shall have the additional option to convert unused benefit contributions to additional compensation. Effective July 1, 2014, according to federal law, employees who participate in the Flexible Spending Account (FSA) will have up to $41.66 per month, ($500.00 Employer Contribution) of the supplemental benefit contributed to their FSA. Additionally, employees may elect to contribute an additional $2,500.00 to their FSA (an additional $208.33 per month) from their salary for a total of $3,000.00 annually.
Supplemental Benefit Plan. Seagull shall cause the Seagull Supplemental Benefit Plan (the "SBP") to be amended to provide that benefits under the SBP shall be paid upon the later of a Participant's (as such term is defined in the SBP) termination of employment or termination of service as a consultant of Seagull.
Supplemental Benefit Plan. Executive shall be allowed to participate in the SBP. Further, Executive shall receive the Supplemental Thrift Benefit pursuant to Section 3.2(a) of the SBP. Finally, Company shall cause the SBP to be amended (A) to remove Section 6.4 thereof, which provides for reductions of benefits to avoid imposition of the sanctions imposed under sections 280G and 4999 of the Code and (B) to provide for the crediting of an additional benefit thereunder which, with respect to Executive, shall not be less than the Supplemental Thrift Benefit and the Supplemental ESOP Benefit under the SBP, the Employer Contributions under the Seagull Thrift Plan and the Employer Contributions under the Seagull Employee Stock Ownership Plan that Executive would have received if he had made the maximum allowable contributions under such plans, and based on the annual base salary that Executive would have received if he had not received an Option in lieu of such annual base salary pursuant to paragraph 3.1.
