Adoption Benefits Sample Clauses

Adoption Benefits. Eligible faculty members are entitled to adoption benefits which include financial assistance and adoption leave. Eligibility Faculty members of NMC are eligible for adoption benefits based on their appointment percent after successfully completing at least on year of employment. If both adopting parents are NMC employees, only one employee can utilize the benefit. Adopted children must be under 18 and may be biologically related to either parent to be considered for this benefit. Financial Reimbursement Eligible adoption-related expenses may be reimbursed to a maximum of $4,000 per child. These include: agency and placement fees, legal fees and court costs, medical expenses of the birth mother, medical expenses of the child prior to adoption, temporary xxxxxx care costs, immigration, immunization and translation fees, transportation and lodging expenses. Expenses not eligible include voluntary donations or contributions and other costs the faculty member is not legally required to pay. Adoption benefit reimbursements are considered taxable income. Procedure for Reimbursement Upon legal custody or finalization of adoption, whichever occurs first, the faculty member should complete the Adoption Assistance Claim Form, which can be obtained from the Human Resources department. Itemized receipts for expenses incurred must be attached for documentation. Adoption Leave of Absence Leave is available to faculty members who adopt. The adoption leave period will run concurrently with Family Medical Leave (FMLA) whenever a faculty member is eligible for FMLA. NMC recognizes that the adoption process may require time off from work for mandated home studies or travel to a foreign country. Faculty member should request FMLA leave 30 days in advance or as soon as practical. Accrued sick leave may be used in accordance with the Family Care Leave Article 40. Child care leave for a period up to 12 months may be granted to faculty member after the adoption of a child. Refer to procedure D-726.0 I for details. Coordination with other Benefits At the time of legal custody, an adopted child may be added to the faculty member's medical, dental, vision, flexible spending accounts, and optional life insurance policy, subject to the requirements of the carriers. Any additions to your benefits plan must occur within 31 days of court order. Contact Human Resources to request the changes and provide a copy of the adoption agreement in order to enroll.
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Adoption Benefits. Eligible faculty chairs are entitled to adoption benefits which include financial assistance and adoption leave. Eligibility Faculty chairs ofNMC are eligible for adoption benefits based on their appointment percent after successfully completing at least on year ofemployment. Ifboth adopting parents are NMC employees, only one employee can utilize the benefit. Adopted children must be under 18 and may be biologically related to either parent to be considered for this benefit. Financial Reimbursement Eligible adoption-related expenses may be reimbursed to a maximum of$4,000 per child. These include: agency and placement fees, legal fees and court costs, medical expenses ofthe birth mother, medical expenses ofthe child prior to adoption, temporary xxxxxx care costs, immigration, immunization and translation fees, transportation and lodging expenses. Expenses not eligible include voluntary donations or contributions and other costs the faculty chair is not legally required to pay. Adoption benefit reimbursements are considered taxable mcome.
Adoption Benefits. Eligible faculty members and librarians are entitled to adoption benefits which include financial assistance and adoption leave. Eligibility Faculty members and librarians of NMC are eligible for adoption benefits based on their appointment percent after successfully completing at least on year of employment. If both adopting parents are NMC employees, only one employee can utilize the benefit. Adopted children must be under 18 and may be biologically related to either parent to be considered for this benefit. Financial Reimbursement Eligible adoption-related expenses may be reimbursed to a maximum of $4,000 per child. These include: agency and placement fees, legal fees and court costs, medical expenses of the birth mother, medical expenses of the child prior to adoption, temporary xxxxxx care costs, immigration, immunization and translation fees, transportation and lodging expenses. Expenses not eligible include voluntary donations or contributions and other costs the faculty member or librarian is not legally required to pay. Adoption benefit reimbursements are considered taxable income.
Adoption Benefits 

Related to Adoption Benefits

  • ' COMPENSATION BENEFITS In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

  • 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. .

  • Termination Benefits (a) If Executive’s employment is voluntarily (in accordance with Section 2(a) of this Agreement) or involuntarily terminated within two (2) years of a Change in Control, Executive shall receive:

  • Vacation Benefits During the Term, the Executive shall be eligible for 20 vacation days annually, which shall be accrued and used in accordance with the applicable policies of the Company. During the Term, the Executive shall be eligible to participate in such medical, dental and life insurance, retirement and other plans as the Company may have or establish from time to time on terms and conditions applicable to other senior executives of the Company generally. The foregoing, however, shall not be construed to require the Company to establish any such plans or to prevent the modification or termination of such plans once established.

  • Education Benefits Notwithstanding the provisions of Article 5, academic staff members who qualify for benefits in accordance with Article 23.5.2.1 may take a credit, or non-credit language class offered by the University provided it does not interfere with performance of duties as determined by the Xxxx. The member and the Xxxx may discuss ways in which duties may be reassigned to make it possible for the member to take the class. Upon successful completion, reimbursement of tuition will be provided for one class per semester.

  • Supplemental Benefits The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Article 17.03.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Early Retirement Benefits If elected in the Adoption Agreement, an Early Retirement benefit may be available to individuals who meet the age and Service requirements that are specified in the Adoption Agreement. A Participant who attains his or her Early Retirement Date will become fully vested, regardless of any vesting schedule which otherwise might apply. If a Participant separates from Service with a nonforfeitable benefit before satisfying the age requirements, but after having satisfied the Service requirement, the Participant will be entitled to elect an Early Retirement benefit upon satisfaction of the age requirement.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Lump Sum Compensation Lump sum computation refers to the method of payment under this Agreement for the professional services of the Consultant.

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