Creditable Earnings Sample Clauses

Creditable Earnings. The Parties hereby agree that the Board makes no representations regarding the creditable earnings status with respect to any compensation received by the Assistant Principal pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service and related TRS issues shall be made by TRS and, where applicable, a court of competent jurisdiction.
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Creditable Earnings. The Parties hereby agree that the Board makes no representations regarding the creditable earnings status with respect to any compensation received by the Director pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service and related IMRF issues shall be made by IMRF and, where applicable, a court of competent jurisdiction.
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Creditable Earnings. The Parties hereby agree that the District and DEA makes no representations regarding the creditable earnings status with respect to any compensation received by LSMs pursuant to the terms of this Agreement. Any and all determinations regarding creditable earnings, creditable service and related TRS issues shall be made by TRS and, where applicable, a court of competent jurisdiction.
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Creditable Earnings. The Board makes no representations regarding the creditable earnings status of any compensation received by the Superintendent pursuant to the terms of this Contract. Any and all determinations regarding creditable earnings, creditable service, and related TRS issues will be made by TRS and, where applicable, a court of competent jurisdiction.
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Creditable Earnings. Notwithstanding any of the other provisions of this agreement, no teacher who is less than ten (10) years from retirement eligibility may receive an overall increase in total reportable creditable earnings in excess of six percent (6%) of the previous year’s total reportable creditable earnings, unless the payment causing the teacher to exceed the six percent (6%) salary threshold is specifically exempt by statute or regulation from the payment of any penalty or other monies constituting a surcharge to the Teachers’ Retirement System.
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Creditable Earnings. “TRS creditable earnings,” wherever that phrase is used in the entirety of this provision (Retirement Incentive Award Payment), shall mean total TRS creditable earnings including any pension payment.
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Creditable Earnings. Notwithstanding any of the other provisions of this agreement, no teacher who is less than ten (10) years from retirement eligibility may receive an overall increase in total reportable creditable earnings in excess of six percent (6%) of the previous year’s total reportable creditable earnings, unless the payment causing the teacher to exceed the six percent (6%) salary threshold is specifically exempt by statute or regulation from the payment of any penalty or other monies constituting a surcharge to the Teachers’ Retirement System. Should the Illinois General Assembly or the Teachers’ Retirement System impose a salary threshold greater or lesser than the six percent (6%) threshold thereby causing the payment of any penalty or other monies constituting a surcharge to TRS, then this agreement shall automatically incorporate this new threshold upon its effective date. Step BA BA+15 MA/BA+60 MA+15 MA+30 MA+45 MA+60 1 $38,178 $38,942 $40,110 $41,513 $43,174 $45,116 $47,373 2 $38,564 $39,335 $40,515 $41,932 $43,610 $45,572 $47,851 3 $38,953 $39,732 $40,924 $42,356 $44,051 $46,032 $48,335 4 $39,347 $40,134 $41,337 $42,784 $44,496 $46,497 $48,823 5 $39,744 $40,539 $41,755 $43,216 $44,945 $46,967 $49,316 6 $41,334 $42,160 $43,425 $44,945 $46,743 $48,845 $51,289 7 $42,161 $43,003 $44,294 $45,843 $47,678 $49,823 $52,315 8 $43,003 $43,863 $45,180 $46,760 $48,632 $50,820 $53,360 9 $43,863 $44,740 $46,083 $47,695 $49,604 $51,835 $54,427 10 $44,741 $45,636 $47,005 $48,650 $50,596 $52,873 $55,516 11 $45,993 $46,914 $48,320 $50,011 $52,013 $54,352 $57,071 12 $46,913 $47,852 $49,286 $51,012 $53,053 $55,440 $58,212 13 $47,851 $48,808 $50,273 $52,032 $54,114 $56,549 $59,376 14 $48,808 $49,784 $51,278 $53,074 $55,196 $57,679 $60,563 15 $49,785 $50,780 $52,304 $54,135 $56,299 $58,832 $61,775 16 $51,178 $52,202 $53,768 $55,650 $57,876 $60,480 $63,504 17 $51,178 $52,202 $54,843 $56,763 $59,033 $61,691 $64,774 18 $51,178 $52,202 $55,940 $57,899 $60,214 $62,925 $66,070 19 $51,178 $52,202 $57,060 $59,057 $61,418 $64,183 $67,392 20 $51,178 $52,202 $58,201 $60,238 $62,647 $65,465 $68,740 21 $51,178 $52,202 $59,830 $61,924 $64,401 $67,300 $70,663 22 $51,178 $52,202 $61,087 $63,225 $65,754 $68,713 $72,147 23 $51,178 $52,202 $62,430 $64,615 $67,200 $70,224 $73,735 24 $51,178 $52,202 $63,867 $66,101 $68,746 $71,839 $75,432 25 $51,178 $52,202 $65,399 $67,688 $70,396 $73,564 $77,242 26 $51,178 $52,202 $66,707 $69,041 $71,804 $75,035 $78,786 27 $51,178 $52,202 $68,041 $70,423 $73,240 $76,...
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Related to Creditable Earnings

  • Tax-Deferred Earnings The investment earnings of your Xxxx XXX are not subject to federal income tax as they accumulate in your Xxxx XXX. In addition, distributions of your Xxxx XXX earnings will be free from federal income tax if you take a qualified distribution, as described below.

  • Long-Term Compensation Including Stock Options, and Benefits, Deferred Compensation, and Expense Reimbursement.

  • 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.

  • HOLIDAY COMPENSATION FOR TIME WORKED 110. Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time-and-one-half the usual rate in the amount of 12 hours pay for 8 hours worked or a proportionate amount for less than 8 hours worked provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime pursuant to the provisions of Section III.E.2. 111. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of-one-and-one-half times for work on the holiday.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Special Compensation The Company shall pay to the Executive a lump sum equal to three times the sum of (a) the highest per annum base rate of salary in effect with respect to the Executive during the three-year period immediately prior to the termination of employment plus (b) the Highest Bonus Amount. Such lump sum shall be paid by the Company to the Executive within ten business days after the Executive's termination of employment, unless the provisions of Section 3(e) below apply. The amount of the aggregate lump sum provided by this Section 3(c), whether paid immediately or deferred, shall not be counted as compensation for purposes of any other benefit plan or program applicable to the Executive.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125.00 per hour.

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • 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.]

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