Creditable Earnings Sample Clauses

Creditable Earnings. The Parties hereby agree that the Board makes no representations regarding the creditable earnings status with respect to any compensation received by the Assistant Principal pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service and related TRS issues shall be made by TRS and, where applicable, a court of competent jurisdiction.
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Creditable Earnings. The Parties hereby agree that the Board makes no representations regarding the creditable earnings status with respect to any compensation received by the Director pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service and related IMRF issues shall be made by IMRF and, where applicable, a court of competent jurisdiction.
Creditable Earnings. The Parties hereby agree, that the Board makes no representations regarding the creditable earnings status with respect to any compensation received by the Athletic Director, pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service and related TRS issues shall be made by TRS and, where applicable, a court of competent jurisdiction.
Creditable Earnings. The Parties hereby agree that the District and DEA makes no representations regarding the creditable earnings status with respect to any compensation received by LSMs pursuant to the terms of this Agreement. Any and all determinations regarding creditable earnings, creditable service and related TRS issues shall be made by TRS and, where applicable, a court of competent jurisdiction.
Creditable Earnings. “TRS creditable earnings,” wherever that phrase is used in the entirety of this provision (Retirement Incentive Award Payment), shall mean total TRS creditable earnings including any pension payment.
Creditable Earnings. Notwithstanding any of the other provisions of this agreement, no teacher who is less than ten (10) years from retirement eligibility may receive an overall increase in total reportable creditable earnings in excess of six percent (6%) of the previous year’s total reportable creditable earnings, unless the payment causing the teacher to exceed the six percent (6%) salary threshold is specifically exempt by statute or regulation from the payment of any penalty or other monies constituting a surcharge to the Teachers’ Retirement System. Should the Illinois General Assembly or the Teachers’ Retirement System impose a salary threshold greater or lesser than the six percent (6%) threshold thereby causing the payment of any penalty or other monies constituting a surcharge to TRS, then this agreement shall automatically incorporate this new threshold upon its effective date. Salary Schedule Step BA BA+15 MA/BA+60 MA+15 MA+30 MA+45 MA+60 1 $38,178 $38,942 $40,110 $41,513 $43,174 $45,116 $47,373 2 $38,564 $39,335 $40,515 $41,932 $43,610 $45,572 $47,851 3 $38,953 $39,732 $40,924 $42,356 $44,051 $46,032 $48,335 4 $39,347 $40,134 $41,337 $42,784 $44,496 $46,497 $48,823 5 $39,744 $40,539 $41,755 $43,216 $44,945 $46,967 $49,316 6 $41,334 $42,160 $43,425 $44,945 $46,743 $48,845 $51,289 7 $42,161 $43,003 $44,294 $45,843 $47,678 $49,823 $52,315 8 $43,003 $43,863 $45,180 $46,760 $48,632 $50,820 $53,360 9 $43,863 $44,740 $46,083 $47,695 $49,604 $51,835 $54,427 10 $44,741 $45,636 $47,005 $48,650 $50,596 $52,873 $55,516 11 $45,993 $46,914 $48,320 $50,011 $52,013 $54,352 $57,071 12 $46,913 $47,852 $49,286 $51,012 $53,053 $55,440 $58,212 13 $47,851 $48,808 $50,273 $52,032 $54,114 $56,549 $59,376 14 $48,808 $49,784 $51,278 $53,074 $55,196 $57,679 $60,563 15 $49,785 $50,780 $52,304 $54,135 $56,299 $58,832 $61,775 16 $51,178 $52,202 $53,768 $55,650 $57,876 $60,480 $63,504 17 $51,178 $52,202 $54,843 $56,763 $59,033 $61,691 $64,774 18 $51,178 $52,202 $55,940 $57,899 $60,214 $62,925 $66,070 19 $51,178 $52,202 $57,060 $59,057 $61,418 $64,183 $67,392 20 $51,178 $52,202 $58,201 $60,238 $62,647 $65,465 $68,740 21 $51,178 $52,202 $59,830 $61,924 $64,401 $67,300 $70,663 22 $51,178 $52,202 $61,087 $63,225 $65,754 $68,713 $72,147 23 $51,178 $52,202 $62,430 $64,615 $67,200 $70,224 $73,735 24 $51,178 $52,202 $63,867 $66,101 $68,746 $71,839 $75,432 25 $51,178 $52,202 $65,399 $67,688 $70,396 $73,564 $77,242 26 $51,178 $52,202 $66,707 $69,041 $71,804 $75,035 $78,786 27 $51,178 $52,202 $68,041 $70,...
Creditable Earnings. Notwithstanding any of the other provisions of this agreement, no teacher who is less than ten (10) years from retirement eligibility may receive an overall increase in total reportable creditable earnings in excess of six percent (6%) of the previous year’s total reportable creditable earnings, unless the payment causing the teacher to exceed the six percent (6%) salary threshold is specifically exempt by statute or regulation from the payment of any penalty or other monies constituting a surcharge to the Teachers’ Retirement System.
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Creditable Earnings. The Parties hereby agree that the Board makes no representations regarding the creditable earnings status with respect to any compensation received by the Assistant Principal pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service and related TRS issues shall be DocuSign Envelope ID: F5B6A628-A6A7-4C66-9A28-53A88860591C made by TRS and, where applicable, a court of competent jurisdiction.

Related to Creditable Earnings

  • Deferred Earnings The manner in which the deferred salary is held shall be at the discretion of the Hospital. The employee will be made aware, in advance of having to sign any formal agreement, of the manner of holding such deferred salary. Interest which is accumulated during each year of the deferral period shall be paid out to the employee in accordance with Part LXVIII of the Income Tax Regulations, Section 6801.

  • Show-Up Compensation An employee who is scheduled for work and reports for work, except for situations addressed in Article 123--Inclement or Hazardous Conditions, and is released from work shall be paid the equivalent of two

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

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