Off Benefit definition

Off Benefit shall have the meaning ascribed in the Contractor Guidance.
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Examples of Off Benefit in a sentence

  • For the purpose of enhancing work/life balance, one (1) sick day will be converted to one (1) Personal Flexible day in accordance with the Time Off Benefit Enhancement of the National Agreement.

  • Completion of 26 weeks trading outcome fee is subject to an Off Benefit Check (OBC) before being released for payment.

  • The PRaP system Off Benefit Check (OBC) is ‘flexed’ by 15 days to allow for minor date mismatches.

  • The most recent date of hire in a regular position is used for determination of eligibility for PTO leave, EMB leave and seniority purposes.Paid Time Off Benefit - hours earned that may be taken off with pay for any reason with approval of the Manager.Status (Employment)A.

  • Refer to the Off Benefit User Guide for action to take in these circumstances.

  • This Run Off Benefit may be made available to a Member prior to the date of termination of the Member's participation in the Scheme in accordance with Regulation 9 and under such terms and conditions as the Administrator may, in its absolute discretion, determine.

  • PTO Carry Over: PTO hours may be accumulated and carried over from one (1) anniversary year of employment to another up to the designated Paid Time Off Benefit maximum hours for the employee’s service year.

  • Proposed § 208.5 provides that where an individual certifies that he or shedoes not have an account at a financial institution, or where an individual fails to respond to a request for information pursuant to § 208.8, Treasury will,pursuant to the Act’s mandate, provide the individual with access to an account at a Federally-insured financialinstitution selected by Treasury.

  • If a Member ceases for any reason to be a Member, no benefits shall be available to that former Member in connection with Claims made in respect of a Qualifying Liability which relates to a breach of duty by the body whilst it was a Member but which fall to be met after the date of the termination of the Member's participation in the Scheme unless a Run Off Benefit was purchased by the former Member.

  • PTO hours may be accumulated and carried over from one (1) anniversary year of employment to another up to the designated Paid Time Off Benefit maximum hours.

Related to Off Benefit

  • Net Benefit means the present value of the Covered Payments net of all federal, state, local, foreign income, employment and excise taxes.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Plan Benefit means the benefit payable to a Participant as calculated in Article V.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Normal Retirement Benefit means an annual benefit equal to One Hundred Fifty Thousand Dollars and No/100 ($150,000.00) per year, payable in accordance with the terms of this Agreement. Beginning on the thirteenth month that the Normal Retirement Benefit is paid, and continuing thereafter until paid in full, the Normal Retirement Benefit shall be increased annually by three percent (3%) from the previous year’s Normal Retirement Benefit amount to account for cost of living increases.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Termination Benefit means the benefit set forth in Article 7.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Disability Benefit means the benefit set forth in Article 8.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Service benefit means the credit toward retirement benefits as determined by the

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • relevant benefit means any benefit specified in paragraph 21(2); and

  • Net Benefits Test means a calculation to determine whether the benefits of a reduction in price resulting from the dispatch of Economic Load Response exceeds the cost to other loads resulting from the billing unit effects of the load reduction, as specified in Operating Agreement, Schedule 1, section 3.3A.4 and the parallel provisions of Tariff, Attachment K-Appendix, section 3.3A.4.

  • Change in Control Benefit means the benefit described in Section 2.4.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • Social Security Benefit means the Primary Insurance Amount to which a Participant becomes entitled at age sixty-five (65) under Social Security legislation in effect on the earliest of his Normal Retirement Date, early retirement date or Termination Date.

  • Basic Plan means as to any Member or Vested Former Member the defined benefit pension plan of the Company or an Affiliated Employer intended to meet the requirements of Code Section 401(a) pursuant to which retirement benefits are payable to such Member or Vested Former Member or to the Surviving Spouse or designated beneficiary of a deceased Member or Vested Former Member.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.