Benefit Options and Eligibility Sample Clauses

Benefit Options and Eligibility. 11-4-1 Sunset Provision: Educators whose combined age and a minimum of twenty (20) years of full-time service with the District equals eighty (80), as of June 30, 2020, will be grandfathered as per Article 11 of the 2018-19 Licensed Negotiated Agreement. Eligibility for this Sunset Provision is dependent on the Educator’s written notification of their intent to retire at the conclusion of the 2019-20 fiscal year to the Human Resources Department no later than the last business day in February 2020. Failure to comply with this notification deadline will result in a fine of twenty-five (25) percent of the first year’s stipend or $2500, whichever is less. Effective July 1, 2020, the Sunset Provision is null and void. 11-4-2 Beginning July 1, 2020, any Educator to whom the Sunset Provision does not apply may qualify for the Longevity Incentive Program one of two ways as follows:
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Benefit Options and Eligibility. 11-4-1 Sunset Provision: Employees whose combined age and a minimum of twenty (20) years of full-time service with the District equals eighty (80), as of June 30, 2020, will be grandfathered in as per Article 11 of the 2018-19 Education Support Professionals Negotiated Agreement. Eligibility for this Sunset Provision is dependent on the Employee’s written notification of intent to retire at the conclusion of the 2019-20 fiscal year to the Human Resources Department no later than the last business day in February 2020. Failure to comply with this notification deadline will result in a fine of twenty-five (25) percent of the first year’s stipend or $2,500, whichever is less. Effective July 1, 2020, the Sunset Provision is null and void. 11-4-2 Beginning July 1, 2020, any Employee to whom the Sunset Provision does not apply may qualify for the Longevity Incentive Program one of two ways as follows:
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Benefit Options and Eligibility. 1 Sunset Provision: Educators whose combined age and a minimum of fifteen (15) years of full-time service with the District at June 30, 2015, will be grandfathered as per Article 11 of the 2012-13 Licensed Negotiated Agreement. However, future health insurance premium increases are the responsibility of the Educator and will be deducted from the annual stipend payable under this provision. Further, eligibility for this Sunset Provision is dependent on the Educator’s written notification of their intent to retire at the conclusion of either the 2013-14 fiscal year or the 2014-15 fiscal year to the Human Resource Department no later than the last business day in March 2014 or 2015, respectively. Failure to comply with this notification deadline will result in a fine of twenty-five (25) percent of the first year’s stipend or $2500, whichever is less. Effective July 1, 2015, the Sunset Provision is null and void, and no benefits under the Longevity Incentive Program will be payable until the Educator qualifies for Option A, Option B, or Option C. 11-4-2 Beginning July 1, 2013, any Educator to whom the Sunset Provision does not apply may qualify for the Longevity Incentive Program one of three ways as follows:
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Benefit Options and Eligibility. 1 Employees who qualify for the Longevity Incentive Provisions in accordance with §11-4-2 must submit written notification of their intent to retire at the conclusion of the present contract term to the Department of Human Resources no later than the last business day in January of the present contract term.
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Benefit Options and Eligibility. 1 Sunset Provision: Administrators whose combined age and a minimum of twenty (20) years of full-time service with the District at June 30, 2020, will be grandfathered as per Article 11 of the 2018-19 Administrator Negotiated Agreement. Eligibility for this Sunset Provision is dependent on the Administrator’s written notification of their intent to retire at the conclusion of either the 2019-20 fiscal year to the Human Resource Department no later than the last business day February 2020. Failure to comply with this notification deadline will result in a fine of twenty-five (25) percent of the first year’s stipend or $2500, whichever is less. Effective July 1, 2020, the Sunset Provision is null and void. 11-4-2 Beginning July 1, 2020, any Administrator to whom the Sunset Provision does not apply may qualify for the Longevity Incentive Program one of two ways as follows:
Sample 1
Benefit Options and Eligibility. 1 Sunset Provision: Employees whose combined age and a minimum of fifteen (15) years of full-time service with the District as of June 30, 2015, will be grandfathered in as per Article 11 of the 2012-13 Education Support Professionals Negotiated Agreement. However, beginning July 1, 2013, qualifying Employees are eligible for an Annual Stipend as outlined in §11-6, and future health insurance premium increases are the responsibility of the Employee and will be deducted from the annual stipend payable under this provision. Further, eligibility for this Sunset Provision is dependent on the Employee’s written notification of intent to retire at the conclusion of either the 2013-14 fiscal year or the 2014-15 fiscal year to the Human Resource Department no later than the last business day in March, 2014 or 2015, respectively. Failure to comply with this notification deadline will result in a fine of twenty-five (25) percent of the first year’s stipend or $2,500, whichever is less. Effective July 1, 2015, the Sunset Provision is null and void, and no benefits under the Longevity Incentive Program will be payable until the Employee qualifies for Option A, Option B, or Option C. 11-4-2 Beginning July 1, 2013, any Employee to whom the Sunset Provision does not apply may qualify for the Longevity Incentive Program one of three ways as follows:
Sample 1

Related to Benefit Options and Eligibility

  • Benefit Eligibility For purposes of the Benefit Plan entitlement, common-law and same sex relationships will apply as defined.

  • Benefit Options Employees must elect a plan administrator and primary care clinic. Those elections will determine the Benefit Level through Advantage. Enrolled dependents must elect a primary care clinic that is available through the plan administrator chosen by the employee.

  • Employee Eligibility For purposes of this section, “eligible employee” shall be defined by the Public Employees’ Medical and Hospital Care Act.

  • Membership Eligibility To join the Credit Union, you must meet the membership requirements, including purchase and maintenance of the minimum required share(s) (“membership share”) as set forth in the Credit Union’s bylaws. You authorize us to check your account, credit and employment history, and obtain reports from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request.

  • Member Eligibility Verify Member eligibility contemporaneous with the rendering of services. BCBS will provide systems and/or methods for verification of eligibility and benefit coverage for Members. This is furnished as a service and not as a guarantee of payment;

  • TAX LIMITATION ELIGIBILITY In order to be eligible and entitled to receive the value limitation identified in Section 2.4 for the Qualified Property identified in Article III, the Applicant shall: A. have completed the Applicant’s Qualified Investment in the amount of Ten Million Dollars ($10,000,000) during the Qualifying Time Period; B. have created and maintained, subject to the provisions of Section 313.0276 of the TEXAS TAX CODE, New Qualifying Jobs as required by the Act; and C. pay an average weekly wage of at least $678.25 for all New Non-Qualifying Jobs created by the Applicant.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Contribution Eligibility You are eligible to make a regular contribution to your Xxxx XXX, regardless of your age, if you have compensation and your MAGI is below the maximum threshold. Your Xxxx XXX contribution is not limited by your participation in an employer-sponsored retirement plan, other than a Traditional IRA.

  • Special Eligibility The following employees also receive an Employer Contribution:

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

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