Calculation of Years of Service Sample Clauses

Calculation of Years of Service. In calculating any new teacher’s or current teacher’s years of service with the Board for the purposes of calculating such new teacher’s or current teacher’s eligibility for retiring allowance, the following shall not be counted as years of service:
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Calculation of Years of Service. (a) Past Service Credit is given for each year of SMWIA membership before gaining initial SASMI eligibility. (b) Future Service Credit is given for each Stabilization Period, after the Stabilization Period in which you gained initial eligibility, and remained a SASMI participant. You get Future Service Credit for a Stabilization Period if you are credited with XXXXX contributions for at least 100 hours during that Stabilization Period. The maximum combined number of Years of Service (Past and Future) is 37.5. In calculating the maximum Years of Service a maximum of 23 years of Past Service Credit will be considered.
Calculation of Years of Service. Effective January 1, 1991, the years of service for employees actively employed on the date of ratification of this agreement shall be determined as follows: (A) For attorneys, years of service shall be based on the number of years since their year of graduation. For those employees whose year of graduation was adjusted at the time of their hire pursuant to § 3.9 of the Collective Bargaining Agreement in effect from January 1, 1989 through December 31, 1990, or such predecessor clause, years of service shall be based on their adjusted year of graduation. (B) For legal workers, years of service shall be based on their actual years of service with the Employer. Those Legal Workers who received additional compensation pursuant to Sections 3.5 or 3.6 of the Collective Bargaining Agreement in effect from January 1, 1989 through December 31, 1990, or such predecessor clause, shall be credited with additional years of service as follows: 1. Employees will be credited with two (2) years of service if such compensation received under § 3.5 was in excess of $1,250.00; and one (1) year of service if such credit was in excess of $300.00, but less than or equal to $1,250.00. 2. Employees will be credited with three (3) years of service if such compensation received under § 3.6 was in excess of $1,250.00; two (2) years of service; if such credit was in excess of $750.00, but less than or equal to $1,250.00; and one (1) year of service if such credit was in excess of $250.00, but less than or equal to $750.00. (C) Effective July 1, 1993, for Masters of Social Work, years of service shall be based on the number of years since the award or receipt of a Masters of Social Work degree.
Calculation of Years of Service. Effective January 1, 1991, the years of service for employees actively employed on the date of ratification of this agreement shall be determined as follows: (A) For attorneys, years of service shall be based on the number of years since their year of graduation. For those employees whose year of graduation was adjusted at the time of their hire pursuant to Section 3.9 of the Collective Bargaining Agreement in effect from January 1, 1989 through December 31, 1990, or such predecessor clause, years of service shall be based on their adjusted year of graduation. (B) For legal workers, years of service shall be based on their actual years of service with the Employer or its predecessor. Those Legal Workers who received additional compensation pursuant to Sections 3.5 or 3.6 of the Collective Bargaining Agreement in effect from January 1, 1989 through December 31, 1990, or such predecessor clause, shall be credited with additional years of service as follows: 1. Employees will be credited with two (2) years of service if such compensation received under Section 3.5 was in excess of $1,250.00; and one (1) year of service if such credit was in excess of $300.00, but less than or equal to $1,250.00. 2. Employees will be credited with three (3) years of service if such compensation received under Section 3.6 was in excess of $1,250.00; two
Calculation of Years of Service. A. Years of service shall be computed beginning with the first date of work and shall be defined to mean the amount of time continuously employed as a member of the bargaining unit. Time spent on leave of absence or on a lay-off shall not be construed as a break in continuous service and years of service shall continue to accrue. No person other than a member of the bargaining unit shall possess, retain, or accrue years of service within the bargaining unit. 1. The district shall prepare and present to the Association a current years of service list of all teachers by the end of October each year. Included in the list will be the bargaining unit member’s first date of work and certification. Teacher’s certification shall be considered that certification which is on file with the school district.
Calculation of Years of Service. Subject to the following rules, all of an Employee's Years of Service shall be counted for vesting purposes: (a) Any Year of Service completed after a Forfeiture Break in Service shall not count for the purpose of determining a Participant's Nonforfeitable percentage of his Account derived from Employer contributions made for his benefit prior to the Forfeiture Break in Service. (b) Any Year of Service completed before a Break in Service shall not be counted if the number of consecutive Breaks in Service equals or exceeds the greater of (i) five or (ii) the aggregate number of Years of Service prior to the Break in Service. For Plan Years beginning before January 1, 1985, the Administrator shall apply the next preceding sentence by disregarding the requirement for a minimum of five consecutive Breaks in Service. This subsection shall only apply if the Participant's right to his Account derived from Company contributions is one hundred percent forfeitable at the time he has a Break in Service. The aggregate number of Years of Service before a Break in Service shall not include any Years of Service not required to be taken into account under this subsection by reason of any prior Break in Service.

Related to Calculation of Years of Service

  • Years of Service A Participant’s Years of Service shall include all service performed for the Employer and ¨ Shall ¨ Shall Not include service performed for the Related Employer.

  • PERIOD OF SERVICE The Grant Services will commence on the Start Date and shall expire on the End Date as set forth in the SUMMARY PAGE.

  • Credited Service In addition to Current Credited Service the Adopting Employer may include as Credited Service the following types of service:

  • Hours of Service The minimum number of Hours of Service an Employee must complete during a vesting computation period to receive credit for a Year of Service is: (Choose (c) or (d)) [X] (c) 1,000 Hours of Service.

  • Year of Service An Employee must complete at least Hours of Service during a Vesting Computation Period to receive credit for a Year of Service under Article V. [Note: The number may not exceed 1,000. If left blank, the requirement is 1,000.]

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid If you hold Plan accounts in an omnibus account (i.e., multiple Plans in one account on the books of the Funds), Plans that are added to the omnibus account after May 15, 2002 may invest only in R shares, and you must execute an Omnibus Addendum to the Selling Group Agreement, which you can obtain by calling our Home Office Service Team at 800/421-5475, extension 8.

  • Term of Service Except as otherwise provided in this Agreement, Atlas shall serve as the Managing General Partner of the Partnership until either it:

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Computation Period Interest on the Loans and all other amounts payable by Borrower hereunder on a per annum basis shall be computed on the basis of a 360-day year and the actual number of days elapsed (including the first day but excluding the last day) unless such calculation would result in a usurious rate or to the extent such Loan bears interest based upon the Base Rate, in which case interest shall be calculated on the basis of a 365-day year or 366-day year, as the case may be. In computing the number of days during which interest accrues, the day on which funds are initially advanced shall be included regardless of the time of day such advance is made, and the day on which funds are repaid shall be included unless repayment is credited prior to the close of business on the Business Day received. Each determination by Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

  • Annual Compensation The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of base salary paid to the Executive by the Employers or any subsidiary thereof during any of the three calendar years ending during the calendar year in which the Date of Termination occurs.

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