Eligibility for CASBU Members Sample Clauses

Eligibility for CASBU Members in the structured group RRSP will consist of those members who have achieved Right of First Refusal (Article 15.9) or the teaching of 24 credits since May 1, 2001. The Employee contribution of 2% of earnings will be matched by the University. When a CASBU Member is eligible for the 2% RRSP, his/her contract will state how they are eligible, either RFR (Article 15.9) or 24 Credits from May 1, 2001 (Article 21.5). The language on the contract will state the following: "I elect to participate in the group RRSP with full knowledge that once I start contributing, either by RFR or 24 credits since May 1, 2001, all subsequent eligible contracts will have the 2% RRSP deducted and matched by the University." A Member may make Voluntary Contributions up to his/her individual allowed tax limit. Voluntary contributions will not be matched by the University. A Member must monitor his/her own contribution room, and it is expressly understood that this will not be the responsibility of the University. A Member can withdraw money when his/her contract ends; however, once a Member starts contributing, they must continue to contribute on all subsequent contracts that are eligible for participation in the structured group RRSP. If withdrawals are made once a contract ends, the service provider will withhold the appropriate taxes. The Investment Management Fees plus the surcharge applicable to the selected funds will be paid by the CASBU Member.
Sample 1
AutoNDA by SimpleDocs

Related to Eligibility for CASBU Members

  • Eligibility for Membership Membership in the Sick Leave Bank shall be extended to any certificated employee of the School District who has accumulated one (1) day of personal sick leave as defined by Idaho Code 33-1216 and 33-1217.

  • Eligibility for Promotion An employee in the classification of Police Officer must have a minimum of five (5) years service in the classification of Lincoln Police Officer as of March 1 of the testing year to be eligible to test for the classification of Sergeant.

  • Eligibility for Group Participation This section describes eligibility to participate in the Group Insurance Program.

  • Membership Eligibility To join the Credit Union, you must meet the membership requirements, including purchase and maintenance of the minimum required share(s) (“membership share”) as set forth in the Credit Union’s bylaws. You authorize us to check your account, credit and employment history, and obtain reports from third parties, including credit reporting agencies, to verify your eligibility for the accounts and services you request.

  • Member Eligibility Verify Member eligibility contemporaneous with the rendering of services. BCBS will provide systems and/or methods for verification of eligibility and benefit coverage for Members. This is furnished as a service and not as a guarantee of payment;

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • Eligibility for Benefits A member will not be eligible to receive Long Term Disability benefits until their Income Protection benefits have expired.

  • Eligibility for Leave All regular full-time employees shall be eligible for paid leave. Further, all regular part-time employees shall receive paid leave on a ration of paid leave time accrued to the number of hours worked in the work week. All non-regular part-time, temporary, and seasonal employees will not be eligible to receive paid leave.

  • 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.

  • Eligibility for Pay An employee granted military leave for emergency National Guard duty is entitled to receive regular University pay for a period not to exceed thirty (30) calendar days in any one (1) fiscal year. An employee is eligible for pay regardless of the length of University service, and such pay is in addition to any University payment for temporary military leave for active-duty training, extended military leave, and military leave for physical examinations.

Time is Money Join Law Insider Premium to draft better contracts faster.