Amount of Pensions Sample Clauses

Amount of Pensions. (a) The monthly pension payable to an employee hired before October 1, 2012 retired pursuant to the provisions of Sections 1, 2 or 3 of this Article I with benefits payable commencing on or after October 1, 2012 shall be a basic benefit for each year of credited service that the employee had at the date of retirement, determined by the employee's Benefit Class Code as set forth in the table immediately following: Retirement With Benefits Payable Commencing Benefit Class Code Basic Benefit Rate Per Year of Credited Service On or After September 26, 2016 A B C D $ 68.00 68.25 68.50 81.00
Sample 1
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Amount of Pensions. (a) (1) The monthly pension payable to an employee retired pursuant to the provisions of Sections 1, 2, or 3 of this Article II with benefits payable commencing on or after October 1, 2007, including those employees retiring October 1, 2011 and later, shall be a basic benefit for each year of credited service that the employee had at the date of retirement, determined by the applicable Benefit Class Code and based on the month for which payment is being made as set forth in the table immediately following: Art. II, 4(a)(1) Retires With Benefits Payable Commencing Benefit Class Code Basic Benefit Rate Per Year of Credited Service For Months Commencing 10-1-07 through 9-1-08 10-1-08 through 9-1-09 10-1-09 through 9-1-10 10-1-10 and After A B C D $ $ $ $ October 1, 52.90 53.10 53.30 53.55 2007 53.15 53.35 53.55 53.80 and After 53.40 53.65 53.60 53.85 53.80 54.05 54.05 54.30
Sample 1
Amount of Pensions. (a) The monthly pension payable to an employee hired before October 1, 2012 retired pursuant to the provisions of Sections 1, 2 or 3 of this Article I with benefits payable commencing on or after October 1, 2012 shall be a basic benefit for each year of credited service that the employee had at the date of retirement, determined by the employee's Benefit Class Code as set forth in the table immediately following: Retirement With Benefits Payable Commencing Benefit Class Code Basic Benefit Rate Per Year of Credited Service On or After October 1, 2012 A B C D $ 68.00 68.25 68.50 81.00 The monthly pension payable to an employee hired on or after October 1, 2012 and retired pursuant to the provisions of Sections 1, 2 or 3 of this Article I with benefits payable commencing on or after October 1, 2012 shall be a basic benefit for the years of credited service that the employee had at the date of retirement, determined by the employee's Benefit Class Code and the employee’s seniority when the credited service was accrued, as set forth in the table immediately following: Retirement With Benefits Payable Commencing Benefit Class Code Basic Benefit Rate For Each Year of Credited Service Accrued During First 10 Years of Seniority Year 11 of Seniority and After $ $ On or After A 25.50 34.00 October 1, 2012 B C 25.59 25.69 34.13 34.25 D 30.38 40.50
Sample 1

Related to Amount of Pensions

  • Amount of Paid Personal Leave (i) Paid personal leave is available to an employee, when they are absent:

  • Amount of Compensation City shall pay Contractor for performance of all Services rendered in accordance with this Contract in an amount not to exceed $2,000,000.

  • Amount of Loan The Loan shall comprise the aggregate amount of Tranches disbursed by the Bank under the Credit, as confirmed by the Bank pursuant to Article 2.03.

  • Penal Amount of Bonds, State Law The Contractor acknowledges and agrees that, pursuant to O.C.G.A. §§13-10-2, 13-10-20, 13-10-40 and 13-10-60, the performance bond and the payment bond must be in a penal amount equal to at least 100% of the Contract Sum. Accordingly, the Contractor warrants and agrees that, for any Change Order increasing the Contract Sum by five percent or more or when the total cost of the work has increased by five percent or more, it shall obtain a written amendment to the payment bond and the performance bond increasing the penal amounts of both bonds to 100% of the Contract Sum, effective as of the date of the Change Order. The premium increase, if any, may be properly included in the cost of the Change Order. The Design Professional shall approve no payment for the work provided by the Change Order until the Contractor has provided the written amendment to the Owner.

  • Amount of Rs ( ) (not exceeding 95% of the total consideration) to be paid to the Promoter on completion of the lifts, water pumps, electrical fittings, electro, mechanical and environment requirements, entrance lobby/s, plinth protection, paving of areas appertain and all other requirements as may be prescribed in the Agreement of sale of the building or wing in which the said Apartment is located.

  • Amount of Payment The “Early Termination Payment” payable to a Member pursuant to Section 4.3(a) shall equal the present value, discounted at the Early Termination Rate as determined as of the Early Termination Reference Date, of all Tax Benefit Payments that would be required to be paid by the Corporation to such Member, whether payable with respect to Units that were Exchanged prior to the Early Termination Effective Date or on or after the Early Termination Effective Date, beginning from the Early Termination Effective Date and using the Valuation Assumptions. For the avoidance of doubt, an Early Termination Payment shall be made to each Member, regardless of whether such Member has Exchanged all of its Units as of the Early Termination Effective Date.

  • Amount of Sick Leave (a) Full-time Employees - Full-time employees shall accumulate sick pay credits at the rate of one and a half (1-1/2) days per month for each calendar month of service up to a maximum credit of 240 days. The Parties agree that full-time employees will not accumulate sick leave credits during the separation period during July and August.

  • Amount of Leave An employee may be granted paid leave to attend defence forces reserves training programs or courses on the following basis: Service Annual Training School, class or course of instruction Navy 13 calendar days 13 calendar days Army 14 calendar days 14 calendar days Air Force 16 calendar days 16 calendar days

  • Amount of Employer Contribution The Employer Contribution amounts and rules in effect on June 30, 2017 will continue through December 31, 2017.

  • Aggregate Leave The aggregate amount of leave of absence from employment that may be taken by an employee under Article 21.1 and 21.2 in respect of the birth or adoption of any one child shall not exceed fifty-two (52) weeks, except as provided under Article 21.1(f) and/or 21.2(d). Where an employee is granted total maternity leave under Articles 21.1(a) and 21.1(f) of greater than fifty-two (52) weeks, the employee shall not be entitled to parental leave under Article 21.2.

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