COMPUTATION OF SALARY FOR JOB SHARING PARTICIPANTS Sample Clauses

COMPUTATION OF SALARY FOR JOB SHARING PARTICIPANTS. A. The period of service for the purposes of this program shall be eighteen and three quarters (18.75) hours per week during the regular school year of 196 days or as mutually agreed between the job share participant, principal, superintendent and school board. Payment and benefits for this period of employment shall be computed as follows: Payment shall equal one half (1/2) of the individuals' salary based on degree and experience or in the event of a modification of the terms of the specific job-sharing agreement, the pro-rata percentage as agreed to by the participant, principal, superintendent and school board.
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Related to COMPUTATION OF SALARY FOR JOB SHARING PARTICIPANTS

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Employer Compensation Upon Separation An Employee, upon her separation from employment, shall compensate the Employer for vacation which was taken but to which she was not entitled.

  • Retroactive Pay for Terminated Employees An employee who has retired or severed his/her employment between the termination date of this Agreement and the effective date of the new Agreement shall receive the full retroactivity of any increase in wages, salaries or other benefits.

  • SALARY STEP PLAN AND SALARY ADJUSTMENTS 198. Appointments to positions in the City and County Service shall be at the entrance rate established for the position except as otherwise provided herein.

  • SALARY AND COMPENSATION ARTICLE 56

  • 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.

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

  • Multiple Individual Retirement Accounts In the event the depositor maintains more than one Individual Retirement Account (as defined in Section 408(a)) and elects to satisfy his or her minimum distribution requirements described in Article IV above by making a distribution from another individual retirement account in accordance with Item 6 thereof, the depositor shall be deemed to have elected to calculate the amount of his or her minimum distribution under this custodial account in the same manner as under the Individual Retirement Account from which the distribution is made.

  • 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.

  • Lump Sum Compensation Lump sum computation refers to the method of payment under this Agreement for the professional services of the Consultant.

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