Last day of paid employment definition

Last day of paid employment means the last date employer and employee
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Last day of paid employment means the last date employer and employee contributions are required to be reported in accordance with KRS 16.543, 61.543, or 78.615 to the retirement office in order for the employee to receive current service credit for the month. Last day of paid employment does not mean a date the employee receives payment for accrued leave, whether by lump sum or otherwise, if that date occurs twenty-four (24) or more months after previous contributions;
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Last day of paid employment means the last date employer and employee contributions are required to be reported in accordance with KRS 16.543, 61.543, or 78.615 to the retirement office in order for the employee to receive current service credit for the month;
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Examples of Last day of paid employment in a sentence

  • The final increment may be less than 5 twelve (12) months; 6 (45) "Last day of paid employment" means the last date employer and employee 7 contributions are required to be reported in accordance with KRS 16.543, 61.543, or 8 78.615 to the retirement office in order for the employee to receive current service 9 credit for the month.


More Definitions of Last day of paid employment

Last day of paid employment means the last date employer and employee contributions are required to be reported in accordance with KRS 16.543, 61.543, or
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Related to Last day of paid employment

  • Severance from Service Date means the earlier of:

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Termination of Employment means that the Executive ceases to be employed by the Company for any reason, voluntary or involuntary, other than by reason of a leave of absence approved by the Company.

  • Full-time employment means employment resulting in, at least, an annual earned income reported

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.