Effective July 1, 2015 Sample Clauses

Effective July 1, 2015. A. Each employee shall be entitled to 120 hours of vacation annually with full pay. Upon the completion of two years of City service in the aggregate, each employee shall be entitled to 128 hours vacation annually with full pay. Upon the completion of 10 years of City service in the aggregate, each employee shall be entitled to 192 hours vacation annually with full pay. Upon completion of 30 years of City service in the aggregate, each employee shall be entitled to 200 hours vacation annually with full pay. On January 1, 2016, one year’s worth of vacation time shall be credited to each bargaining unit member based on his or her years of City employment. On January 1, 2017, and each January 1st thereafter, vacation time accrued during the previous year shall be credited to each employee.
AutoNDA by SimpleDocs
Effective July 1, 2015. A. Employees who work on the following holidays shall receive holiday premium compensation as described below. All holiday premium compensation shall be provided in the form of cash or time off with pay at the sole discretion of management. Employees shall be compensated with premium holiday pay as described below for any watch worked on the following holidays.
Effective July 1, 2015. (a) As soon as practicable, but no later than ninety (90) days following ratification of the renewal agreement all employees employed for a minimum of twelve (12) months on the date of ratification, will receive a one-time lump sum payment of $750, less applicable deductions.
Effective July 1, 2015. General increase of 2% Annual Hours = 2080 START 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 20 YEAR Licensed 53279.028 55022.495 56742.745 58834.441 60754.343 62894.790 65135.063 66437.764 Practical Nurse 25.615 26.453 27.280 28.286 29.209 30.238 31.315 31.941 START 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR 20 YEAR RN/RPN 69601.679 72032.317 74467.598 77007.348 79489.060 82056.668 84491.948 86181.788 33.462 34.631 35.802 37.023 38.216 39.450 40.621 41.434 START 1 YEAR 2 YEAR 3 YEAR 4 YEAR 5 YEAR 6 YEAR RN/RPN 70993.713 73472.964 75956.950 78547.495 81078.841 83697.801 86181.787 20 Years Service 34.132 35.324 36.518 37.763 38.980 40.239 41.434 Eligibility for the 20 Year increment is determined in accordance with Article 2105.
Effective July 1, 2015. An additional 1% for a total of 3% of each Tier 1 employee’ s salary will be paid to PERS as the Member Contribution, reducing the EPMC by 3%. An additional 1% for a total of 3% of each Tier 1 employee’ s salary will also be applied to the Employer Contribution portion of the PERS premium and does not affect the EPMC. Tier 2 - Employees hired after January 2013 and those employees not considered Classic Members by CalPERS - Subject to AB 340, the “California Public E mployee’s Pension Reform Act” (PEPRA). Tier 2 employees are covered by the PERS 2% at 62 formula with no PERS EPMC. Tier 2 employees must contribute 50% of the total normal cost rate for PERS to a maximum of 8% of their salary. The District’s total normal cost for new members in 2013 is 12.5%. The normal cost rate is subject to change over time, as it will be impacted by risk pool demographics and the actuarial assumptions used in retirement benefit funding. The three- year final compensation period is used to calculate a Tier 2 employee’s retirement annuity. Annual pensionable compensation that can be used to calculate final compensation is capped. The 2013 cap for District employees is $136,440. Tiers 1 and 2 The District shall provide the PERS 1959 Survivor Benefit, Fourth Level, at no cost to the employee. In accordance with the California Public Employee’s Pension Reform Act”, if a public employee is convicted of a felony arising from the performance of public duties, or connected with obtaining salary or other benefits for public service, the employee forfeits the portion of his or her pension accruing after the crime.

Related to Effective July 1, 2015

  • The City of Milwaukee, by its Milwaukee Board of School Directors, shall pay the Contractor for the full and complete performance of the work, the sum of Two Hundred Twenty Six Thousand Six Hundred Sixty One Dollars and 64/100 ($226,661.64) as provided in the General Conditions of the Contract.

  • Law, Venue 19.1. This Agreement has been executed and delivered in the State of California and the validity, enforceability and interpretation of any of the clauses of this Agreement shall be determined and governed by the laws of the State of California.

  • Effective November 15, 1985 casual part-time nurses will be placed on the salary grid in accordance with their service, such service to be calculated in accordance with the seniority calculation set out in Article

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!