SLRP definition

SLRP means the Student Loan Repayment Program created by this Part. "State" means the State of Illinois.
View Source
SLRP is defined in the preamble to this Agreement. “SMG” is defined in the preamble to this Agreement.
View Source

Examples of SLRP in a sentence

  • The SLRP Contribution is an amount the Employer in its sole discretion may determine, allocated among SLRP Participants as set forth in below (select one of 1.

  • The SLRP is available for all Plan Participants who are NHCEs, except as otherwise specified below (choose one or more a.

  • Employees in the “DROP” are eligible to participate in the SLRP to the extent permitted by the length of service restrictions of the DROP program.

  • However, employees who transfer or otherwise move to a new position within Bargaining Unit I remain eligible for the SLRP.

  • The State will make SLRP payments only upon full completion of a repayment interval, there will be no prorated payments for partial completion of a repayment interval.

  • In the event that an employee leaves State service or becomes ineligible to continue participation in the SLRP, the State will not recapture prior SLRP payments made to the employee.

  • An employee’s spouse or non- child dependent(s) are not eligible to participate in the SLRP.

  • If an alternate program for leave donation or a replacement for SLRP is instituted during the life of this contract, parties agree to open sections 9 and/or 11 to review and bargain impact.

  • An Employee is an SLRP Participant only if the Employee completes any enrollment forms provided by or under the direction of the Administrator.

  • The SLRP Contribution is an Employer Nonelective Contribution and will be subject to the vesting allocation specified at Question 18 unless otherwise selected below.