Annual Compensation and Benefits Sample Clauses

Annual Compensation and Benefits. The compensation must meet the minimum requirements set by the Presbytery. * Please refer to xxxx://xxx.xxxxxxxxxxxxx.xxx/documents/com-policieshandbooksmanual/ Effective salary (salary/housing**) ‌ PC(USA) Board of Pensions full benefits (Pastor’s Participation Plan) at 37 % for both medical and pension. *** OR PC(USA) Board of Pensions pension only (Ministers Choice Plan) If pension only is provided, it is 10% of effective salary*** Social Security offset: 7.65% of effective salary Mileage reimbursement at the current IRS rate Study leave—2 weeks and 1,000/year Vacation—4 weeks Additional expense reimbursement if any: *Any Session in need of an exemption from the Presbytery’s minimum compensation requirements will write an appeal to the Congregational Transitions Commission, stating the reasons why the appeal is being made. **Stated Supply Pastor will designate Housing Allowance, and request that the Session record this in its Minutes annually. *** For more than 20 hours per week, benefits are available through the Board of Pensions. Full benefits are 37% of effective salary (Pastor's Participation Plan.) Pension only is 10% of salary (Ministers Choice Plan.) This agreement may be terminated by the Stated Supply Pastor or the Session upon days [for example, 60 days] written notice, following consultation with the Committee on Ministry. Stated Supply Pastor Clerk of Session This agreement, approved by Session on is subject to approval of the Congregational Transitions Commission of the Committee on Ministry of National Capital Presbytery. Representative, COM Date Form adopted by Transitions Team of COM 10-25-12 Revised 01-10-13
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Annual Compensation and Benefits. [This should be comparable to the annual compensation and benefits paid to the previous installed pastor. Some disparity may occur due to experience levels, etc., but ordinarily the base salary and housing be no less than 80 percent of what was paid to the previous installed pastor. In any event, the compensation must meet the minimum requirements set by the Presbytery (If part-time, the minimum compensation is $20/hr..] Salary $ Free use of the Manse OR Housing Allowance of: $ Board of Pension Payments as Required by the Plan $ Pension, Death and Disability, and Medical Insurance SECA Reimbursement $ Moving Costs by Licensed Carrier (or not to exceed) $ Vouchered Reimbursement of Professional Expenses Not to Exceed $ Vacation of four weeks including four Sundays Study Leave of two weeks including two Sundays Family Leave is required: FAMILY LEAVE is a mutual agreement between the Session and Pastor for the good and welfare of the whole of God’s holy people. A Covenant of Care and Compassion is a formal opportunity to express agreement in family leave policies. Guidelines for A Declaration of Family Leave Policy and A Covenant for Care and Compassion are available at the Presbytery Office.
Sample 1
Annual Compensation and Benefits. During the term of this agreement, the Covenant Pastor shall receive the following compensation and benefits: – Please attach Annual Terms of Call reporting form –
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Annual Compensation and Benefits. During the term of this agreement, the Transitional Pastor shall receive the following compensation and benefits:
Sample 1
Annual Compensation and Benefits. The compensation must meet the minimum requirements set by the Presbytery.* Please refer to xxxx://xxx.xxxxxxxxxxxxx.xxx/documents/com-policieshandbooksmanual/ Effective salary (salary/housing**) Pension/medical at the required percentage of the effective salary*** Social Security offset: 7.65% of effective salary‌ Mileage reimbursement at the current IRS rate Study leave—2 weeks and 1,000/year Vacation—4 weeks Additional expense reimbursement if any: *Any Session in need of an exemption from the Presbytery’s minimum compensation requirements will write an appeal to the Congregational Transitions Commission, stating the reasons why the appeal is being made. **Stated Supply Pastor will designate Housing Allowance, and request that the Session record this in its Minutes annually. ***PC(USA) Board of Pensions participation is not required, but adequate health coverage shall be provided by some means. A brief statement explaining such alternative health coverage shall be written into this contract. This agreement may be terminated by the Stated Supply Pastor or the Session upon days [for example, 60 days] written notice, following consultation with the Committee on Ministry. Stated Supply Pastor Clerk of Session This agreement, approved by Session on is subject to approval of the Congregational Transitions Commission of the Committee on Ministry of National Capital Presbytery. Representative, COM Date Form adopted by Transitions Team of COM 10-25-12 Revised 01-10-13
Sample 1

Related to Annual Compensation and Benefits

  • Compensation and Benefits As compensation for all services performed by the Executive under and during the term hereof and subject to performance of the Executive’s duties and of the obligations of the Executive to the Company and its Affiliates, pursuant to this Agreement or otherwise:

  • REMUNERATION AND BENEFITS 3.1 Manitoba shall pay to Employee as remuneration for her services, within the Executive Assistant to the Minister (EXM) classification, a basic annual salary of $58,271 payable in equal bi-weekly installments of $2,233.73, at the accepted regular Manitoba Civil Service pay periods, pro-rated where necessary for any shorter period.

  • Salary and Benefits During the term of this Agreement:

  • PENSION AND BENEFITS 26:01 Employees are eligible to participate in the Pension Plan; Long Term Disability Plan; Group Life and Survivor Income Plan; Dental Care Plan; Extended Health Care Plan; Semi-Private Hospital Accommodation Plan; Joint Membership Plan; and Vision Care Plan, as summarized in Schedules “B” to “I” attached hereto.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Severance Pay 4.4.2(a) Severance pay - other than employees of a small employer An employee, other than an employee of a small employer, whose employment is terminated by reason of redundancy is entitled to the following amount of severance pay in respect of a period of continuous service: Period of continuous service Severance pay Less than 1 year Nil 1 year and less than 2 years 4 weeks’ pay* 2 years and less than 3 years 6 weeks’ pay 3 years and less than 4 years 7 weeks’ pay 4 years and less than 5 yeas 8 weeks’ pay 5 years and less than 6 years 10 weeks’ pay 6 years and less than 7 years 11 weeks’ pay 7 years and less than 8 years 13 weeks’ pay 8 years and less than 9 years 14 weeks’ pay 9 years and less than 10 years 16 weeks’ pay 10 years and over 12 weeks’ pay * Week’s pay is defined in 4.4.1.

  • ' COMPENSATION BENEFITS In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • Employment and Compensation The following terms and conditions will govern the Executive’s employment with the Company throughout the Term.

  • EMPLOYMENT TERM AND COMPENSATION A. The Board hereby employs the Employee for a salary of $6,547 per bi-weekly pay period ($170,210 Annualized), payable in installments less any legally authorized deductions as the DBM D71, Director, Application Development.

  • Pay and Benefits A. The Agency shall continue to pay salary and benefits which includes pension contribution, insurance and paid leave time consistent with what they earned before their appointment. Employees appointed as a Contract Specialist shall not be eligible for reimbursement for uniforms, boots or other ancillary items while serving as a Contract Specialist the specifics which will be noted in the employee’s Contract Specialist agreement.

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