TransitSubsidy Clause Samples

TransitSubsidy. Permanent full time employees may elect in writing by December 1, for the forthcoming calendar year, to acquire an OC Transpo Ecopass, in which event the Employer will subsidize or reimburse such employee 25% of the cost for the forthcoming year. Effective Presto Go-Live Date In order to encourage the use of public transit by employees, an employee may register for a PRESTOSmartcard to purchase OC Transpo monthly pass products. Once registered an employee shall be entitled to an annual 25% reimbursement of the total annual amount of OC Transpo monthly passes purchased on his or her PRESTOSmartcard provided that: (i) The employee signs a yearly declaration affirming that the purchase of the OC Transpo pass through their PRESTOSmartcard is for their personal use only, and (ii) The employee provides their PRESTO Transit Usage Report showing the number and cost of monthly passes purchased during the year. Such proof must be submitted with their claim for reimbursement between January 1 and J anuary 31 of the year immediately following the calendar year being claimed.
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Related to TransitSubsidy

  • Flexible Spending Accounts Employees in the unit shall have access to the County’s flexible spending account program, which provides employees with the options of dependent care assistance benefits with a calendar year maximum of $5,000, and medical expense reimbursement benefits with a calendar year maximum of $2,400. The County shall maintain this plan in compliance with IRC §125. Employee premiums for flexible spending account benefits shall be deducted on a pre-tax basis from employee pay.

  • Flexible Spending Account The parties agree that the State shall have the right to use State Employee Health Plan funds to cover the administrative costs of operating the medical and dependent care flexible spending account programs.

  • SUBSIDY CONTROL 33.1 The Contractor should obtain its own advice as to whether the Subsidy Control Rules apply to the Funding received in relation to the Services delivered under this Contract. Guidance on this can be found at Complying with the UK’s international obligations on subsidy control: guidance for public authorities - ▇▇▇.▇▇ (▇▇▇.▇▇▇.▇▇). 33.2 Where the rules on Subsidy Control apply, the Contractor must: 33.2.1 comply with the relevant notification requirements; and 33.2.2 collect and retain appropriate records and will supply those records to the Department on its request. 33.3 The Department reserves the right to require the Contractor to obtain a contribution towards the cost of the Services delivered under this Contract from the employer of any Learner. Where a contribution is required, the Department will confirm to the Contractor in writing the exact percentage of the contribution. 33.4 Where the Department requires the Contractor to obtain a contribution towards the cost of the Services under Clause 33.3 above, the Contractor must provide evidence that the contribution has been received. 33.5 If a recovery order or any other enforcement measure is taken under the Subsidy Control Act 2022, the Contractor will repay the relevant subsidy to the Department within 28 days or such other timescale that the Department agrees with the Contractor.

  • Health Spending Account (HSA Wellness Spending Account (WSA)/Registered Retirement Savings Plan (RRSP) utilization rates;

  • Subsidies 1. A Party which considers that it is adversely affected by a subsidy of another Party may request ad hoc consultations with that Party on such matters. The requested Party shall enter into such consultations. 2. The Parties shall review any disciplines agreed under Article XV of the GATS with a view to incorporating them into this Chapter.