Retirement Plan Options Sample Clauses

Retirement Plan Options. New retirement eligible faculty members must make a one-time, irrevocable choice between two retirement plans upon appointment.
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Retirement Plan Options. All regular employees of Xxxxxxx State University are required by law to participate in a retirement program. Faculty and principal administrators hired on or after July 1, 1990, and exempt employees hired on or after July 1, 2008 have the option of participating in the Teachers Retirement System of Georgia (TRS) or the Optional Retirement Plan (ORP). Non-exempt employees, as a condition of employment, may only participate in the TRS plan. Both eligible employees and Xxxxxxx State University contribute a percentage of the Employee contributions to the TRS or ORP are sheltered from federal and state income taxes.
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Retirement Plan Options. Plans under Sections 18.1.2.2 and 18.1.2.3 are available only to those faculty members who established membership in one of the plans prior to 1969 and maintained the membership.
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Retirement Plan Options. Eligibility for enrollment in a retirement system depends on a variety of factors, including bargaining unit, position classification, and full- or part-time employment. NYS Employees’ Retirement System (ERS)—all employees are eligible Police & Fire Retirement System (PFRS)—University Police FAST FACTS are protected by the same intellec- tual property protections full time employees have. Contact your UUP chapter office if you have concerns or need further information. titles are eligible NYS Teachers’ Retirement System (TRS)—academic titles are eligible SUNY Optional Retirement Program (ORP)—unclassified (UUP, M/C) titles are eligible
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Retirement Plan Options. Eligibility for enrollment in a retirement system depends on a variety of factors, including bargaining unit, position classification, and full- or part-time employment. NYS Employees’ Retirement System (ERS)—all employees are eligible Police & Fire Retirement System (PFRS)—University Police titles are eligible NYS Teachers’ Retirement System (TRS)—academic titles are eligible SUNY Optional Retirement Program (ORP)—unclassified (UUP, M/C) titles are eligible
Sample 1
Retirement Plan Options. Employees, with the exception of those who fall under Section b.1.f. below, who are employed in a classification covered by the Correctional Employee Retirement Plan and retire after July 1, 2009 shall be eligible to retire under one of the following programs:
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Retirement Plan Options. Employees, with the exception of those who fall under Section 3-C, 4, b-1, f below, who are employed in a classification covered by the Correctional Employees Retirement Plan and retire after the ratification of this agreement by the Legislative Coordinating Commission’s Subcommittee on Employee Relations shall be eligible to retire under one of the following programs and conditions. In addition, new employees hired in a classification covered by the Correctional Employees Retirement Plan after the ratification of this agreement by the Legislative Coordinating Commission Subcommittee on Employee Relations shall also be subject to the conditions set forth in 3-C, 4, b-2. If the Office of the Attorney General determines that this Insurance Benefit Plan violates state or federal law, the Employer will meet and negotiate with the union on necessary modifications.
Sample 1
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Related to Retirement Plan Options

  • Retirement Options The Xxxxxxx Community College Board of Trustees may at its discretion grant one of the following retirement incentive plans to eligible faculty. The unit member must elect and may participate in only one of the three following retirement plans:

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • Early Retirement Option The District may offer an early retirement incentive for unit members.

  • Benefit Options Employees must elect a plan administrator and primary care clinic. Those elections will determine the Benefit Level through Advantage. Enrolled dependents must elect a primary care clinic that is available through the plan administrator chosen by the employee.

  • EARLY RETIREMENT INCENTIVE PLAN 1. The Board will pay an allowance to continuing contract teachers who retire from teaching in the District under the Teachers' Pension Plan, before reaching age sixty (60), subject to the following conditions: The teacher must:

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Severance and Retirement Options (a) (i) Where an employee resigns within 30 days after receiving notice of layoff pursuant to article 14.02 (a)(ii) that his or her position will be eliminated, he or she shall be entitled to a separation allowance of two (2) weeks' salary for each year of continuous service to a maximum of sixteen (16) weeks' pay, and, on production of receipts from an approved educational program, within twelve (12) months of resignation, may be reimbursed for tuition fees up to a maximum of three thousand ($3,000) dollars.

  • RETIREMENT PICK-UP 257. For the term of this Agreement, the CITY shall pick up the full amount of the employees’ contribution to retirement.

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