Child Benefit Sample Clauses

Child Benefit. $200.00 per month per child, up to maximum member benefit, prorated if exceeding maximum member benefit, until child turns 18 years of age. Child benefit includes that benefits defined in Section 121.206, Ordinance Code.
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Child Benefit. The employee receives a monthly child benefit for each child under the age of 17, or - if the child is still receiving an education, latest until attaining the age of 26 years. The child benefit will be paid according to the regulations governing Canton Luzern and may only be awarded to one gainfully employed person per family. CLAUSE 18 EXCEPTIONAL REIMBURSEMENTS (EXPENSES, LONG-SERVICE BONUS, SHARES) Expenses incurred by employees when carrying out a business brief, will be effectively compensated. The expenditure must, however, be in keeping with the function. In the interests of the company frugality should be taken into consideration during planning stages. Further has been agreed a monthly compensation of USD 1,500.00 for representation costs. Supplementary the Company places a car (upper middle class) at the employee's disposal. Detailled conditions are contained in Chapter 5 of the Personnel Regulations, under the heading "Expenses".
Child Benefit. In the event you die due to an Accident which results in a Payment of Benefit under this Provision, in addition to the Amount of Insurance Payable, the Company will pay a lump sum to the beneficiary in the amount of $2,500 for each of your Dependant Children.
Child Benefit. Eligibility An employee's child (by birth, marriage, or legal adoption) is eligible for full tuition remission when admitted to an undergraduate program at Boston College, provided the employee has completed five years of continuous full-time service as of the beginning of the semester to which the tuition remission applies. Tuition remission is not granted to children for graduate courses. Furthermore, an employee child who has received a Bachelor’s degree, whether from Boston College or from another accredited four-year institution, is no longer eligible for the Tuition Remission Benefit. Admission The waiver of tuition does not imply acceptance of a son or daughter into an undergraduate program, but is offered with the understanding that the child must be accepted through the normal admission process, taking note that the standards for admission to Boston College have become increasingly competitive. To apply to the College of Arts and Sciences, the Xxxxxxx School of Management, the Xxxxxxx School of Nursing, or the Xxxxx School of Education, employee children should contact the Office of Undergraduate Admission, and to apply to the Xxxxx College of Advancing Studies, they should contact that school directly. Employee children using the Tuition Remission Benefit who begin their studies in the Xxxxx College of Advancing Studies, or who transfer to the Xxxxx College, must apply to the University’s undergraduate admission office as external transfer students if they subsequently seek admission/readmission to any other Boston College undergraduate program. Any child who is eligible for the Tuition Remission Benefit may also apply for need-based assistance through the Office of Student Services. If eligible, this assistance can include federal and state grants and loans, or federal work-study. The Boston College Tuition Remission Benefit will be incorporated into any federal and/or state aid received. Certification of Eligibility During the application process, the Office of Student Services will send the employee a “Preliminary Certification of Tuition Remission Eligibility” form, to be completed and forwarded to the Benefits Office, in order to confirm eligibility for the Tuition Remission Benefit. Following a student’s acceptance, a Tuition Remission Voucher will need to be completed by the Benefits Office and sent to Student Services. For students accepted to one of the full-time day schools, a Voucher is normally required only once. For students in the ...
Child Benefit legislation specifies programmes of learning which qualify a young person for Child Benefit. Child Benefit stops on 31 August on or after the young person’s 16th birthday if they leave education or training. Activity Agreements do not count as “approved” learning for the purposes of child benefit and child tax credit.

Related to Child Benefit

  • 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

  • Pre-Retirement Death Benefit 4.1 (a) Normal form of payment. If (i) the Director dies while employed by the Bank, and (ii) the Director has not made a Timely Election to receive a lump sum benefit, this Subsection 4.1(a) shall be controlling with respect to pre-retirement death benefits. The balance of the Director=s Retirement Income Trust Fund, measured as of the later of (i) the Director=s death, or (ii) the date any final lump sum Contribution is made pursuant to Subsection 2.1(b), shall be annuitized (using the Interest Factor) into monthly installments and shall be payable for the Payout Period. Such benefits shall commence within thirty (30) days of the date the Administrator receives notice of the Director=s death. Should Retirement Income Trust Fund assets actually earn a rate of return, following the date such balance is annuitized, which is less than the rate of return used to annuitize the Retirement Income Trust Fund, no additional contributions to the Retirement Income Trust Fund shall be required by the Bank in order to fund the final benefit payment(s) and make up for any shortage attributable to the less-than-expected rate of return. Should Retirement Income Trust Fund assets actually earn a rate of return, following the date such balance is annuitized, which is greater than the rate of return used to annuitize the Retirement Income Trust Fund, the final benefit payment to the Director=s Beneficiary shall distribute the excess amounts attributable to the greater-than-expected rate of return. The Director=s Beneficiary may request to receive the unpaid balance of the Director=s Retirement Income Trust Fund in a lump sum payment. If a lump sum payment is requested by the Beneficiary, payment of the balance of the Retirement Income Trust Fund in such lump sum form shall be made only if the Director=s Beneficiary notifies both the Administrator and trustee in writing of such election within ninety (90) days of the Director=s death. Such lump sum payment shall be made within thirty (30) days of such notice. The Director=s Accrued Benefit Account (if applicable), measured as of the later of (i) the Director's death or (ii) the date any final lump sum Phantom Contribution is recorded in the Accrued Benefit Account pursuant to Subsection 2.1(c), shall be annuitized (using the Interest Factor) into monthly installments and shall be payable to the Director's Beneficiary for the Payout Period. Such benefit payments shall commence within thirty (30) days of the date the Administrator receives notice of the Director=s death, or if later, within thirty (30) days after any final lump sum Phantom Contribution is recorded in the Accrued Benefit Account in accordance with Subsection 2.1(c).

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Pre-Retirement Death Benefits Should the Executive die while --------- ----------------------------- in the service of the Bank and prior to the occurrence of his 55th birthday, the Bank will pay $2,070 per month for a continuous period of 120 months to the Beneficiary or Beneficiaries of the Executive. The first such monthly installment payment shall be made on a date to be determined by the Bank, but in no event later than the first day of the sixth calendar month following the calendar month in which the Executive died. In the event of the death of the last living Beneficiary before all installment payments shall have been made, the balance of any payments which remain unpaid at the time of such Beneficiary's death shall be commuted on the basis of eight percent (8%) per annum compounded interest and shall be paid in a single sum to the estate of the last Beneficiary to die. In the absence of any such beneficiary designation, or if no Beneficiary survives the Executive, any payments remaining unpaid at the Executive's death shall be commuted on the basis of eight percent (8%) per annum compounded interest and shall be paid in a single sum to the Executive's estate.

  • 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.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

  • Lifetime Benefits This Letter of Understanding forms an integral part of the collective agreement, and is intended to continue in effect during the term of subsequent collective agreements to the extent provided for herein.

  • 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.

  • Normal Retirement Benefits A Participant shall be entitled to receive the balance held in his or her account upon attaining his or her Normal Retirement Age or at such earlier dates as the provisions of this Article VI may permit. If a Participant elects to continue working past his or her Normal Retirement Age, he or she will continue as an active Participant. Unless the Employer elects otherwise in the Adoption Agreement, distribution shall be made to such Participant at his or her request prior to his or her actual retirement. Distribution shall be made in the normal form, or if elected, in one of the optional forms of payment provided below.

  • 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. .

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