Common use of Attendance Incentive Clause in Contracts

Attendance Incentive. Teachers who use five (5) or fewer sick leave days per school year will be eligible to receive up to $600 per year in cafeteria plan credits through an attendance incentive program. This program will be in compliance with IRS Code §105, §125 and §129 and will be administered as part of the cafeteria benefits plan (see Article 10, Section 1, Subd. 4). Sick leave used in the previous school year (July 1 through June 30) will determine the teacher’s eligibility to convert sick leave scheduled for accrual in the upcoming year. Teachers must have a minimum of 30 days in their sick leave bank in order to participate. The eligibility for conversion will be based on the following schedule: Sick Days Used In Previous School Year Number of Days Allowed to Sell Cafeteria Plan Credits Per Day Sold 1 or less day 6 sick leave days $100 per day Greater than 1 day to 3 days 4 sick leave days $100 per day Greater than 3 days to 5 days 2 sick leave days $100 per day Sick leave includes any absence other than personal leave when a deduction in sick leave occurs.

Appears in 4 contracts

Samples: www.spfe28.org, www.spfe28.org, www.spfe28.org

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Attendance Incentive. Teachers Principals who use five (5) or fewer sick leave days per year in the 2013-14 school year will be eligible to receive up to $600 per year 1,050 in cafeteria plan credits in calendar year 2015 through an attendance incentive program. Principals who use five (5) or fewer sick leave days per year in the 2014-15 school year will be eligible to receive $1,050 in cafeteria plan credits in calendar year 2016. This program will be in compliance with IRS Internal Revenue Service (IRS) Code §105, §125 and §129 and will be administered as part of the cafeteria benefits plan (see Article 10, Section 1, Subd. 4). Sick leave used in the previous school year (July 1 through June 30) will determine the teacherprincipal’s eligibility to convert sick leave scheduled for accrual in the upcoming yearyear (e.g., 2008-2009 sick leave is basis for 2010 conversion). Teachers Principals must have a minimum of 30 thirty (30) days in their sick leave bank in order to participate. The eligibility for participation in the conversion will be based on the following schedule: Sick Days Used In Previous School Year Number of Days Allowed to Sell Cafeteria Plan Credits Per Day Sold 1 or less day 6 sick leave days $100 175 per day Greater than 1 day to 3 days 4 sick leave days $100 175 per day Greater than 3 days to 5 days 2 sick leave days $100 175 per day Sick leave includes any absence other than personal leave when a deduction in sick leave occurs.

Appears in 1 contract

Samples: Terms And

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Attendance Incentive. Teachers who use five (5) or fewer sick leave days per year in the 2002-2003 and 2003-04 school year years will be eligible to receive up to $600 per year in cafeteria plan credits through an attendance incentive program. This program will be in compliance with IRS Code §105, §125 and §129 and will be administered as part of the cafeteria benefits plan (see Article 10, Section 1, Subd. Subdivision 4). Sick leave used in the previous school year (July 1 through June 30) will determine the teacher’s eligibility to convert sick leave scheduled for accrual in the upcoming yearyear (e.g., 2002-2003 sick leave is basis for 2004 conversion). Teachers must have a minimum of 30 thirty (30) days in their sick leave bank in order to participate. The eligibility for conversion will be based on the following schedule: Sick Days Used In Previous School Year Number of Days Allowed to Sell Cafeteria Plan Credits Per Day Sold 1 or less day 6 sick leave days $100 per day Greater than 1 day to 3 days 4 sick leave days $100 per day Greater than 3 days to 5 days 2 sick leave days $100 per day Sick leave includes any absence other than personal leave when a deduction in sick leave occurs.day

Appears in 1 contract

Samples: www.dol.gov

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