Discontinued Extra-Duty Stipend Adjustments Sample Clauses

Discontinued Extra-Duty Stipend Adjustments. For teachers who provided notice of intent to retire on or before June 1, 2013, the Board shall annually notify the retiring teacher of any extra-duty stipend activities performed by the retiring teacher in the previous school year which were included in the teacher’s TRS creditable earnings (“Stipend Activity“). The six percent (6.0%) creditable earnings increase granted under the RIOP provision of the 2008-2013 Collective Bargaining Agreement is contingent upon the retiring teacher continuing to annually perform the Stipend Activities in each subsequent school year prior to their retirement. If the Board or Administration elects to eliminate or discontinue any of the Stipend Activities previously performed by the retiring teacher, the teacher’s base creditable earnings will not be readjusted or reduced. If the teacher’s Stipend Activities include a committee assignment and the committee is discontinued, the teacher can select an alternative committee for which they are qualified without any readjustment or reduction in their base creditable earnings. Nor will the teacher’s based creditable earnings be readjusted or reduced if the teacher performs a substantially equivalent amount (e.g., teacher performs 90% of “TAPS” provided in previous school year) of Stipend Activities in the subsequent school year. A retiring teacher can elect to change their Stipend Activities on an annual basis if approved in advance by the Administration. If, however, the retiring teacher elects not to perform (by notification or failure to perform) the Stipend Activities in a subsequent school year, the retiring teacher’s compensation will be reduced by the amount of creditable earnings attributable to the Stipend Activities not performed.
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Related to Discontinued Extra-Duty Stipend Adjustments

  • Contract Term Adjustment “Contract Term Adjustment” means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Workforce Adjustment (a) The Parties recognize that workforce adjustment may be necessary due to the elimination of positions resulting from a reduction in the amount of work required to be done by the Commission, reorganization or program termination.

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • Cost Adjustments Both parties agree that contracted prices shall be fixed for the first 12 months of this Contract. Contractor must submit to District any proposed cost adjustments at least 60 days before the proposed effective date of such increases with a detailed explanation for each adjustment. District alone reserves the right to reject any changes to this Contract it deems unacceptable.

  • Budget Adjustments The Grantee shall submit the Budget Adjustment Request [TJJD-FIS-304] to the Department for any adjustment to the original budget. The Grantee must receive written or electronic approval from the Department prior to expending the funds.

  • 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.

  • Pay Adjustments (1) Where the rate of pay of a position or job is adjusted upwards, the employee shall be placed on the lowest step of the new pay range which will give him/her a monthly increase and the increment anniversary shall be that date.

  • CLOSING COSTS AND ADJUSTMENTS All adjustments are made as of settlement date.

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