Optional allowance definition

Optional allowance means an actuarially equivalent benefit elected by the member in lieu of all other benefits provided by KRS 16.505 to 16.652;
Sample 1Sample 2Sample 3
Optional allowance means an actuarially equivalent benefit elected by the member
Sample 1Sample 2Sample 3

Examples of Optional allowance in a sentence

  • Wages: 829.00, + EPF(12%)+Bonus(8.33%)+ ESI(3.25%) + Optional allowance -1(Medical Check up + PPE + safety + tools & tackles etc.) : Rs.00.00 + Optional allowance 2 ( 08 paid holidays per year) : Rs.00.00 + GST on above items +GeM Service Charges incl.

  • Wages: 477.00, + PF(12%)+Bonus(8.33%)+ESI(3.25%) + Optional allowance -1 (Medical Checkup + PPE + safety + tools & tackles etc.) : Rs.00.00 + Optional allowance 2 ( 08 paid holidays per year) : Rs.00.00 + GST on above items + GeM Service Charges incl.

  • Subpart G—Capital-Related Costs413.130 Introduction to capital-related costs.413.134 Depreciation: Allowance for depre- ciation based on asset costs.413.139 Depreciation: Optional allowance for depreciation based on a percentage of op- erating costs.413.144 Depreciation: Allowance for depre- ciation on fully depreciated or partially depreciated assets.413.149 Depreciation: Allowance for depre- ciation on assets financed with Federal or public funds.413.153 Interest expense.

  • Wages: 711.00, + PF(12%)+Bonus(8.33%)+ ESI(3.25%) + Optional allowance -1 (Medical Checkup + PPE + safety + tools & tackles etc.) : Rs.00.00 + Optional allowance 2 ( 08 paid holidays per year) : Rs.00.00 + GST on above items +GeM Service Charges incl.

Related to Optional allowance

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • Retirement allowance means the retirement payments to which a member is entitled.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.