Eligibility, Contributions, and Xxxxxxxxxxx Sample Clauses

Eligibility, Contributions, and Xxxxxxxxxxx. 13.2.1 Classified employees who have completed twelve (12) months of district paid service are eligible to contribute or participate in the bank. An employee contributing to the Bank must have a minimum of 72 hours of sick leave after the contribution (8 hours equals 1 day). Participation is voluntary and those contributing to the Bank shall remain anonymous. 13.2.2 Participants whose sick leave is exhausted, and with the approval of the committee, may withdraw from the Bank for catastrophic illness or injury, and incapacitates a member of the employees’ immediate family for the same amount of time which requires the employee to take time off from work to care for that family member. Immediate family member is defined as a spouse or child of the employee. 13.2.3 Participants of the bank requesting sick days will be required to submit a medical doctor’s statement of the illness and the probable length of absence from work. 13.2.4 Request from the Bank will be approved or disapproved within ten working days of receipt of the completed application. 13.2.5 Days shall be contributed or withdrawn from the Bank without regard to the daily rate of pay. 13.2.6 An 8-hour employee may contribute a maximum of 16 hours per incident. A 4- hour employee may contribute a maximum of 8 hours. This provision may be waived by a majority vote of the committee for full time employees with an excess of 400 hours of sick leave and part-time employees with 200 hours. An additional 16 hours may be waived for full-time employees and 8 hours for part-time employees. 13.2.7 Sick leave from the Bank may not be used for illness or disability for which an Johnstonville\CSEA NEG\CBA September 10, 2020November 9, 2021April 21, 2022 employee would qualify for worker’s compensation benefits. 13.2.8 When the committee believes that the employee may be eligible for a disability award, or Social Security, the committee may recommend that the employee apply for the disability award. 13.2.9 If the Bank does not have sufficient days to award, the committee is under no obligation to continue soliciting days from the employees. 13.2.10 The Bank will retain all unused sick days for any future approved requests.
Sample 1
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Eligibility, Contributions, and Xxxxxxxxxxx a. If an immediate family member of the unit member is incapacitated and this requires the unit member to take time off work for an extended period to care for the family member, the unit member may use CLP days as deemed by the Committee and request them using the same procedure as if the request was for the unit member. Immediate family members are defined as spouse or domestic partner, the unit member’s children (including adoptive, step and legal xxxx), parents (including adoptive and step) or siblings (including adoptive and step). b. All full-time, permanent unit members who have been on active duty with the District (with the exception of breaks in service due to layoff) for at least the last two (2) consecutive years are eligible to contribute to the CLP. c. Participation is voluntary, but requires contribution to the CLP. Only contributors will be permitted to withdraw from the CLP. Unit members who elect not to enroll in the CLP upon first becoming eligible will have to wait until the open enrollment period the following year in order to become eligible. d. Unit members will donate and receive a day for a day. e. The annual contribution rate by each participating unit member for each school year shall be one (1) day or eight (8) hours of sick leave. i. Initial Participation: In order to participate, unit members must have at least ten (10) days of accrued sick leave remaining after donating to the CLP. ii. Continuing Participation: Ongoing participation of existing members shall be permitted even if the participant’s remaining accrued sick leave falls below ten (10) days after the required annual donation. f. In any year a unit member is active in the CLP, the unit member may request to withdraw days, subject to the terms of the program. i. An active CLP member is a unit member who has donated in the current school year OR who has donated for three years and has had his/her donations suspended. g. If a unit member uses a day from the CLP, pay for that day shall be the same rate the unit member would have received had the unit member worked that day. h. When the CLP exceeds 250 actual days, the Committee may suspend donations for one (1) year for all current members who have contributed for at least three (3) years. Members with less than three years of contributions will need to continue contributing each year for up to the three (3) years. i. Donated days not used in any given year shall be carried over for use in subsequent years and shall rema...
Sample 1
Eligibility, Contributions, and Xxxxxxxxxxx a. If an immediate family member of the unit member is incapacitated and this requires the unit member to take time off work for an extended period to care for the family member, the unit member may use CLP days as deemed by the Committee and request them using the same procedure as if the request was for the unit member. Immediate family members are defined as spouse or domestic partner, the unit member’s children (including adoptive, step and legal xxxx), parents (including adoptive and step) or siblings (including adoptive and step). b. All full-time, permanent unit members who have been on active duty with the District (with the exception of breaks in service due to layoff) for at least the last two (2) consecutive years are eligible to contribute to the CLP. c. Participation is voluntary, but requires contribution to the CLP. Only contributors will be permitted to withdraw from the CLP. Unit members who elect not to enroll in the CLP upon first becoming eligible will have to wait until the open enrollment period the following year in order to become eligible. d. Unit members will donate and receive a day for a day. e. The annual contribution rate by each participating unit member for each school year shall be one
Sample 1

Related to Eligibility, Contributions, and Xxxxxxxxxxx

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Wire Transfer Eligibility Section 11.24

  • When Must Distributions from a Xxxx XXX Begin Unlike Traditional IRAs, there is no requirement that you begin distribution of your account during your lifetime at any particular age.

  • How Are Contributions to a Xxxx XXX Reported for Federal Tax Purposes You must file Form 5329 with the IRS to report and remit any penalties or excise taxes. In addition, certain contribution and distribution information must be reported to the IRS on Form 8606 (as an attachment to your federal income tax return.)

  • Contribution Eligibility You are eligible to make a regular contribution to your Xxxx XXX, regardless of your age, if you have compensation and your MAGI is below the maximum threshold. Your Xxxx XXX contribution is not limited by your participation in an employer-sponsored retirement plan, other than a Traditional IRA.

  • Tax Credit for Contributions You may be eligible to receive a tax credit for your IRA contributions. This credit will be allowed in addition to any tax deduction that may apply, and may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your IRA and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

  • Distributions; Xxxxxx Xxx Guaranty On or before each Determination Date (or as soon thereafter as is reasonably practicable), Xxxxxx Mae shall calculate the Lower Tier Distribution Amount for the current calendar month. On each Distribution Date, Xxxxxx Xxx shall withdraw from the Certificate Account the portion of the Lower Tier Distribution Amount distributable thereon and shall make the distributions to the Holders of the related Lower Tier Regular Classes in the respective amounts and in the applicable manner determined pursuant to Section 2.02. In the event that the amount on deposit in the Certificate Account on any Distribution Date shall be less than the applicable portion of the Lower Tier Distribution Amount distributable thereon, Xxxxxx Mae shall provide from its own funds the amount of any such insufficiency. In addition, in the event that (i) the applicable portion of the Lower Tier Distribution Amount shall be insufficient to pay all interest due and payable on the related Lower Tier Regular Classes on such Distribution Date or (ii) such Distribution Date is a Final Distribution Date for any Class and the distribution on such Distribution Date of the applicable portion of the Lower Tier Distribution Amount will not be sufficient to reduce the Class Balance of such Class to zero on such Final Distribution Date, then Xxxxxx Xxx shall (a) withdraw from the Certificate Account, such amount as shall be necessary to remedy such insufficiency and (b) to the extent that funds in the Certificate Account shall be insufficient therefor, apply its own funds towards remedying the same.

  • Contributions to Capital (a) The minimum initial Capital Contribution of each Limited Partner will be $100,000 or such other amount as the General Partner determines from time to time. The amount of the initial Capital Contribution of each Partner will be recorded by the Partnership upon acceptance as a contribution to the capital of the Partnership. Each Limited Partner’s entire initial Capital Contribution will be paid to the Partnership immediately prior to the Partnership’s acceptance of the Limited Partner’s subscription for Units, unless otherwise agreed by the Partnership and such Limited Partner. (b) The Limited Partners may make additional Capital Contributions effective as of those times and in amounts as the General Partner may permit, but no Limited Partner will be obligated to make any additional Capital Contribution except to the extent provided in Sections 5.4 and 5.5 of this Agreement. Each additional Capital Contribution made by a Limited Partner (other than a contribution made pursuant to Section 5.3 or Section 5.5 of this Agreement) will be in the minimum amount of $25,000 or such other amount as the General Partner determines from time to time. (c) A General Partner may make additional Capital Contributions effective as of those times and in such amounts as it determines, and will be required to make additional Capital Contributions from time to time to the extent necessary to maintain the balance of its Capital Account at an amount, if any, necessary to ensure that the Partnership will be treated as a Partnership for U.S. federal income tax purposes. Except as provided in this Section 5.1 or in the Delaware Act, no General Partner will be required or obligated to make any additional contributions to the capital of the Partnership. (d) Subject to the provisions of the 1940 Act, and except as otherwise permitted by the General Partner, (1) initial and any additional Capital Contributions by any Partner will be payable in cash or in Securities that the General Partner, in its absolute discretion, causes the Partnership to accept, and (2) initial and any additional Capital Contributions in cash will be payable in readily available funds at the date of the proposed acceptance of the contribution. The Partnership will charge each Partner making a Capital Contribution in Securities to the capital of the Partnership an amount as may be determined by the General Partner to reimburse the Partnership for any costs incurred by the Partnership by reason of accepting the Securities, and any charge will be due and payable by the contributing Partner in full at the time the Capital Contribution to which the charges relate is due. The value of contributed Securities will be determined in accordance with Section 7.3 of this Agreement as of the date of contribution. (e) An Advisor may make Capital Contributions and own Units in the Partnership and, in so doing, will become a Limited Partner with respect to the contributions. (f) The minimum initial and additional contributions set out in paragraphs (a) and (b) of this Section 5.1 may be increased or reduced by the General Partner from time to time. Reductions may be applied to all investors, individual investors or to classes of investors, in each case in the sole discretion of the General Partner.

  • City Contribution The City agrees to maintain health and dental benefits at present levels for the life of the Agreement.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

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