Retirement Plan Provisions Sample Clauses

Retirement Plan Provisions. Teachers' eligibility for and participation in the Retirement Plan shall be in accordance with district policies, and in accordance with PERA (Public Employee's Retirement Association) "Retirement Plan."
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Retirement Plan Provisions. Any employee requiring such information shall contact the Shop Xxxxxxx for same.
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Retirement Plan Provisions. The retirement plans in effect for employees covered by this Memorandum of Understanding shall remain in full force and effect and includes the following benefits: Employees covered by this Memorandum of Understanding will be provided with the following benefits: Sworn - Effective 1/1/03, the Authority amended its contract with PERS to provide for the three percent (3%) at fifty-five (55) benefit. Non-sworn - Effective 7/1/08, the Authority amended its contract with PERS to provide for the two and one half percent (2.5%) at fifty-five (55) benefit. Final Compensation Average – Highest single year. 1959 Survivors Benefit - In 2001, the Authority amended its contract with PERS to provide the Fourth Level of this benefit. Post-retirement Survivor Benefit Unused Sick Leave Credit (Employees with unused sick leave at retirement will receive additional service credit at the rate of 0.004 years for each day of sick leave.) Sworn - For employees hired after December 31, 2012, who are not “Classic Members” the contract between the Central Marin Police Authority and the Public Employees Retirement System (PERS) which provides retirement benefits for eligible employees, shall be modified to provide the following benefits: Retirement Formula – Full 2.7% at 57 Final Compensation Average – 3 Years Unused Sick Leave Credit The employee contribution shall be done in accordance with Government Code Section 7522.30. Non- Sworn - For employees hired after December 31, 2012, who are not “Classic Members” the contract between the Central Marin Police Authority and the Public Employees Retirement System (PERS) which provides retirement benefits for eligible employees, shall be modified to provide the following benefits: Retirement Formula – 2.0% at 62 Final Compensation Average – 3 Years Unused Sick Leave Credit The employee contribution shall be done in accordance with Government Code Section 7522.30. When comparing Central Marin Police Authority employees' wages with wages of employees in other jurisdictions, it is understood that these new retirement benefits will be considered part of the total compensation for said employees.
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Retirement Plan Provisions 
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Related to Retirement Plan Provisions

  • SAVINGS PROVISIONS 19.1 If any provisions of this Agreement are held to be contrary to law by a court of competent jurisdiction, such provisions will not be deemed valid and subsisting except to the extent permitted by law, but all other provisions will continue in full force and effect.

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

  • SAVINGS PROVISION If any provisions of this Agreement are held to be contrary to law by a court of competent jurisdiction, such provisions will not be deemed valid and subsisting except to the extent permitted by law, but all other provisions will continue in full force and effect.

  • Benefit Provisions The following benefits will be provided to employees based on eligibility requirements in the local collective agreements:

  • Covered Benefits and Services The Contractor shall provide to its Hoosier Healthwise members, at a minimum, all benefits and services deemed “medically reasonable and necessary” and covered by the IHCP, and included in the Indiana Administrative Code and under the Contract with the State. A covered service is considered medically necessary if it meets the definition as set forth in 405 IAC 5-2-17. The Contractor shall deliver covered services sufficient in amount, duration or scope to reasonably expect that provision of such services would achieve the purpose of the furnished services. Costs for these services are the basis of the Contractor’s capitation rate and are, therefore, the responsibility of the Contractor. Coverage may not be arbitrarily denied or reduced and is subject to certain limitations in accordance with CFR 438.210(a)(4), which specifies when Contractors may place appropriate limits on services:  On the basis of criteria applied under the State plan, such as medical necessity; or  For the purpose of utilization control, provided the services furnished are sufficient in amount, duration or scope to reasonably be expected to achieve the purpose for which the services are furnished.

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Defined Benefit Pension Plan 1. The Employer and the Union hereby agree to the continuation of the existing Northern California Glaziers, Architectural Metal and Glass Workers Pension Trust Agreement ("Defined Benefit Pension Trust").

  • Employment Provisions A. Contractor acknowledges and agrees that neither Contractor, their personnel, subcontractors, nor other service providers through this Agreement are employees of the DSH. Contractor and its independent contractors shall be solely responsible for:

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

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