Twelve-Month Payment Option. The parties agree that a twelve-month payment option for 9-month employees shall be offered. The plan shall allow for employees to select a fixed savings amount to be deducted from each of the nineteen (19) full bi-weekly paychecks received during the Fall and Spring semesters with a change in that amount to account for those paychecks from which double premiums are deducted. The total savings shall be returned to the employee in equal amounts for the five (5) full bi-weekly paychecks received during the Summer semester. The University shall provide an online calculator and assistance as reasonable, taking into account time and resources, to assist the employee in determining a savings amount and fixed reduction amount that will allow the employee’s net paychecks to remain approximately level across the 24 pay periods. Pay received for supplemental summer assignments shall be unaffected by this plan. This pay plan is subject to tax limitations.
Twelve-Month Payment Option. The parties agree that a twelve-month payment option for 281 9-month employees shall be offered each year during an annual open enrollment period from April 1 to 282 June 30. If chosen by the employee, this payment option shall become effective for one year starting with 283 the first full pay period beginning after August 8. The plan shall allow for employees to select a fixed 284 savings amount to be deducted from each of the nineteen full bi-weekly paychecks received during the 285 Fall and Spring semesters with a change in that amount to account for those paychecks from which 286 double premiums are deducted. The total savings shall be returned to the employee in equal amounts for 287 the five full bi-weekly paychecks received during the Summer semester. The University shall provide an 288 online calculator and assistance as reasonable, taking into account time and resources, to assist the 289 employee in determining a savings amount and fixed reduction amount that will allow the employee’s net 290 paychecks to remain approximately level across the 24 pay periods. Pay received for supplemental 291 summer assignments shall be unaffected by this plan. This pay plan is subject to tax limitations. 292
Twelve-Month Payment Option. The parties agree that a twelve-month payment option for 9-month employees shall be offered for 2007-2008 contract year and thereafter. The plan shall allow for employees to select a fixed savings amount to be deducted from each of the nineteen (19) full bi-weekly paychecks received during the Fall and Spring semesters with a change in that amount to account for those paychecks from which double premiums are deducted. The total savings shall be returned to the employee in equal amounts for the five (5) full bi-weekly paychecks received during the Summer semester. The University shall provide an online calculator and assistance as reasonable, taking into account time and resources, to assist the employee in determining a savings amount and fixed reduction amount that will allow the employee’s net paychecks to remain approximately level across the 24 pay periods. Pay received for supplemental summer assignments shall be unaffected by this plan.
Twelve-Month Payment Option. (a) The parties agree that a twelve-month payment option for returning 9-month employees shall be offered each year during an annual open enrollment period from April 1 to June 30. If chosen by the employee, this payment option shall become effective the first full pay period beginning after August 8. The plan shall allow employees to select a fixed savings amount to be deducted from each of the nineteen (19) full bi-weekly paychecks received during the Fall and Spring semesters with a change in that amount to account for those paychecks from which double premiums are deducted. The total savings shall be returned to the employee in equal amounts for the five (5) full bi-weekly paychecks received during the Summer semester. The University shall provide an online calculator and assistance as reasonable, taking into account time and resources, to assist the employee in determining a savings amount and fixed reduction amount that will allow the employee’s net paychecks to remain approximately level across the 24 pay periods. Pay received for supplemental summer assignments shall be unaffected by this plan. This pay plan is subject to tax limitations.
Twelve-Month Payment Option. The parties agree that a twelve-month payment option for 9-month employees shall be offered each year during an annual open enrollment period from April 1 to June 30. If chosen by the employee, this payment option shall become effective for one year starting with the first full pay period beginning after August 8. The plan shall allow for employees to select a fixed savings amount to be deducted from each of the nineteen
Twelve-Month Payment Option. All NTT faculty on nine month (9) academic year appointments may elect to have their salary distributed over twelve (12) months. Salary shall be distributed over nine (9) months unless employees notify the University in writing (according to University guidelines) that they have elected the 12 month pay option.
Twelve-Month Payment Option. The Trustees shall examine twelve-month payment options under which faculty members on nine-month contracts shall have the option of being paid their nine-month base salary over a twelve-month period. The results of the study will be shared with UFF within one year after the signature date for this Agreement. Implementation will be a matter for Collective Bargaining.
Twelve-Month Payment Option. The parties agree that a twelve-month payment option for 9-month employees shall be offered. The plan shall allow for employees to select a fixed savings amount to be deducted from each of the nineteen
Twelve-Month Payment Option. The parties agree that a twelve-month payment option for 9-month employees shall be offered each year during an annual open enrollment period from April 1 to June 30. If chosen by the employee, this payment option shall become effective for one year starting with the first full pay period beginning after August 8. The plan shall allow for employees to select a fixed savings amount to be deducted from each of the nineteen full bi-weekly paychecks received during the Fall and Spring semesters with a change in that amount to account for those paychecks from which double premiums are deducted. The total savings shall be returned to the employee in equal amounts for the five full bi-weekly paychecks received during the Summer. The University shall provide an online calculator to assist the employee in determining a savings amount and fixed reduction amount that will allow the employee’s net paychecks to remain approximately constant. Pay received for supplemental summer assignments shall be unaffected by this plan. This pay plan is subject to tax limitations.
Twelve-Month Payment Option. Instructors on nine (9) month appointments may elect to have their salary distributed over twelve (12) months. Salary shall be distributed over nine (9) months unless employees notify the University in writing that they have elected the 12-month payment option, pursuant to University procedures.
