PERSI definition

PERSI means a preferred equity revenue sharing interest acquired by a Borrower in an investment advisory firm which entitles such Borrower to an interest in the gross revenues of such investment advisory firm.
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Examples of PERSI in a sentence

  • Upon retirement through PERSI, unused portions of the accumulated sick days may accrue to 380 days commencing with the 2013-2014 school year.

  • All employees who currently are members of PERSI will continue their participation.

  • Under Idaho law, portions of unused sick leave are available as severance allowance upon retirement for the purchase of medical insurance as listed in Idaho Code Section ▇▇-▇▇▇▇-▇, and shall be reported by the employer to PERSI.

  • The Substitute Teacher Cost is the sum of what the school district pays to the Substitute Teacher in gross salary and in employer contributions, including FICA, PERSI retirement, PERSI retirement sick leave, workers’ compensation insurance premiums and employee fringe benefits.

  • However, these excess days are not eligible for PERSI sick leave benefits upon retirement.

  • Accumulated sick leave days will be certified to the Public Employee Retirement System (PERSI) upon retirement for insurance calculation purposes.

  • All staff members of the Charter School are covered by the public employee retirement system (PERSI), federal social security, unemployment insurance, and worker's compensations insurance.

  • The Board shall continue to pay the districts portion of employee’s premium for one (1) year after a Professional Employee has exhausted his/her sick leave, but is still under contract to, or on a leave of absence from the District and is disabled unless the Professional Employee enters into a retirement or permanent disability program such as Social Security Disability or PERSI Disability Retirement.

  • The Reimbursement Amount is calculated as follows: First, determine the sum of what the District pays to the President in gross salary and employer contributions, including FICA, PERSI retirement, PERSI retirement sick leave, workers’ compensation insurance premiums and employee fringe benefits.

  • Please consider the last allowable draw of funds, payroll through end of contracts, and note that there may be additional closing costs, such as a PERSI buy out, storage costs, or penalties on early lease termination.

Related to PERSI

  • PERS means Public Employees Retirement System, and its successors under State law.

  • Persistent means three or more defaults. After providing notification to the Contractor of its third default, an Agency may terminate without providing the Contractor with an opportunity to cure. The three defaults are not required to be related to each other in any way.

  • BPSS means the recognised standard for HMG for staff vetting which comprises verification of (1) identity, (2) employment history, (3) nationality and immigration status (including the right to work), and Criminal Records Bureau check (including a five (5) year address history check).

  • Persistent Breach means a Default which has occurred on three or more separate occasions with a continuous period of six (6) months.

  • LED means the Law Enforcement Directive (Directive (EU) 2016/680);