Alternative Wage Scale & Benefits Sample Clauses

Alternative Wage Scale & Benefits. Hourly employees employed as of August 28, 2013 receiving full family insurance coverage any time on or after November 1, 2006, may elect via the cafeteria plan during open enrollment to receive the $2.00 Alternative Wage Scale for his/her job classification. Hourly employees employed after August 28, 2013, receiving full family insurance coverage may elect via the cafeteria plan during open enrollment to receive the $1.00 Alternative Wage Scale and such employee shall then receive the same Board contribution described in subsection e above. Once the Alternative Wage is paid to the employee, the employee may not elect other wages or benefits unless s/he experiences a change in status as defined by the COBRA regulations.
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Alternative Wage Scale & Benefits. As of July 1, 2017, the alternative wage scale is no longer an option for new enrollees. Hourly employees currently receiving the $1.00 or $2.00 Alternative Wage Scale, as of July 1, 2017 shall be eligible to continue that alternative wage until July 1, 2022. After July 1, 2022, the Alternative Wage Scale will no longer exist for any employee.
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Alternative Wage Scale & Benefits. Hourly employees receiving single subscriber, 2 person or full family insurance coverage any time on or after November 1, 2006, may elect via the cafeteria plan during open enrollment to receive the Alternative Wage Scale for his/her job classification and such employee shall then receive the same Board contribution described in subsection e above. Once the Alternative Wage is paid to the employee, the employee may not elect other wages or benefits unless s/he experiences a change in status as defined by the COBRA regulations.
Sample 1
Alternative Wage Scale & Benefits. Paraeducators employed as of August 28, 2013 receiving full family insurance coverage any time on or after November 1, 2006, may elect via the cafeteria plan during open enrollment to receive the $2.00 Alternative Wage Scale for his job classification. Paraeducators employed after August 28, 2013, receiving full family insurance coverage may elect via the cafeteria plan during open enrollment to receive the $1.00 Alternative Wage Scale and such Employee shall then receive the same Board contribution described in subsection e below. Once the Alternative Wage is paid to the Employee, the Employee may not elect other wages or benefits unless s/he experiences a change in status as defined by the COBRA regulations.
Sample 1

Related to Alternative Wage Scale & Benefits

  • Additional Benefits/Card Enhancements The Credit Union may from time to time offer additional services to your account, such as travel accident insurance, at no additional cost to you. You understand that the Credit Union is not obligated to offer such services and may withdraw or change them at any time.

  • Third Party Administrators for Defined Contribution Plans 2.1 The Fund may decide to make available to certain of its customers, a qualified plan program (the “Program”) pursuant to which the customers (“Employers”) may adopt certain plans of deferred compensation (“Plan or Plans”) for the benefit of the individual Plan participant (the “Plan Participant”), such Plan(s) being qualified under Section 401(a) of the Code and administered by TPAs which may be plan administrators as defined in the Employee Retirement Income Security Act of 1974, as amended. 2.2 In accordance with the procedures established in Schedule 2.1 entitled “Third Party Administrator Procedures,” as may be amended by the Transfer Agent and the Fund from time to time (“Schedule 2.1”), the Transfer Agent shall: (a) Treat Shareholder accounts established by the Plans in the name of the Trustees, Plans or TPAs, as the case may be, as omnibus accounts; (b) Maintain omnibus accounts on its records in the name of the TPA or its designee as the Trustee for the benefit of the Plan; and (c) Perform all Services under Section 1 as transfer agent of the Funds and not as a record-keeper for the Plans. 2.3 Transactions identified under Sections 1 and 2 of this Agreement shall be deemed exception services (“Exception Services”) when such transactions: (a) Require the Transfer Agent to use methods and procedures other than those usually employed by the Transfer Agent to perform transfer agency and recordkeeping services; (b) Involve the provision of information to the Transfer Agent after the commencement of the nightly processing cycle of the TA2000 System; or (c) Require more manual intervention by the Transfer Agent, either in the entry of data or in the modification or amendment of reports generated by the TA2000 System, than is normally required.

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  • Other Fringe Benefits During the Employment Period, Executive shall be entitled to receive such of the Company’s other fringe benefits as are being provided to other Executives of the Company on the Senior Executive Team.

  • Extended Health Care Benefits The City will provide for all employees by contract through an insurer selected by the City an Extended Health Care Plan which will provide extended health care benefits. The City shall pay one hundred per cent (100%) of the premiums, which will include any premiums payable under The Health Insurance Act, R.S.O. 1990, as amended.

  • Exclusive Benefits Except as expressly provided in this Section 4 and subject to Section 5 hereof, the Executive shall not be entitled to any additional payments or benefits upon or in connection with the Executive’s termination of employment.

  • Flexible Benefits Insurance Program

  • Compensation and Fringe Benefits (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period. (b) The Executive shall be enrolled and participate in any retirement, group insurance and other fringe benefit plans and arrangements which are applicable to the similarly situated personnel of the Company and in effect from time to time, if the Executive is eligible therefor, in each case in accordance with and subject to the provisions thereof.

  • Specific Benefits Without limiting the generality of Section 3.3, the Executive shall be entitled to paid vacation of not less than the greater of (a) 20 business days per year or (b) the number of paid business vacation days provided to other senior executives of the Company (to be taken at reasonable times in accordance with the Company’s policies). Any accrued vacation not taken during any year may be carried forward to subsequent years; provided, that the Executive may not carry forward more than ten business days of unused vacation in any one year.

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