Common use of EMPLOYMENT TERM AND COMPENSATION Clause in Contracts

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 per bi-weekly pay period ($ 99,450/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial Aid. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

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EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,629 per bi-weekly pay period ($ 99,450/$146,348 Annualized), payable in installments less any legally authorized deductions as the D61DBM D71, Director, Financial AidResource Dev/Legislative Aff. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,358 per bi-weekly pay period ($ 99,450$113,315/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidP-20 Educational Partnerships. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,967 per bi-weekly pay period ($ 99,450/$129,154 Annualized), payable in installments less any legally authorized deductions as the D61DBM D72, DirectorXxxx, Financial AidStudent Life. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,245 per bi-weekly pay period ($ 99,450$136,363/Annualized), payable in installments less any legally authorized deductions as the D61D72, DirectorXxxx, Financial AidAdult Education and ESL. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,111 per bi-weekly pay period ($ 99,450$80,880/Annualized), payable in installments less any legally authorized deductions as the D61DBM C52, DirectorAssistant Director of Academic Planning, Financial AidEducational Affairs. B. The term of this contract shall commence on 7/1/2024 11/17/2021 and terminate on 6/30/20256/30/2022. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings the compensation paid to the Employee as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,606 per bi-weekly pay period ($ 99,450/$93,765 Annualized), payable in installments less any legally authorized deductions as the DBM D61, DirectorAssociate Xxxx, Financial AidBiological & Hlth Sciences Div. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,802 per bi-weekly pay period ($ 99,45098,850/Annualized), payable in installments less any legally authorized deductions as the D61, DirectorDirector Student Success Strategy, Financial AidStudent Success Strategy. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,781 per bi-weekly pay period ($ 99,450$124,302/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidStudent Development. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 2,501 per bi-weekly pay period ($ 99,450/Annualized)period, payable in installments less any legally authorized deductions as the D61C45, DirectorManager*, Financial AidTRiO Student Support Services. B. The term of this contract shall commence on 7/1/2024 10/23/2023 and terminate on 6/30/20256/30/2024. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,943 per bi-weekly pay period ($ 99,450$128,506/Annualized), payable in installments less any legally authorized deductions as the D61D71, Director, Financial AidPublic Relations & Marketing. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 6,407 per bi-weekly pay period ($ 99,450$166,577/Annualized), payable in installments less any legally authorized deductions as the D61E81, DirectorAssistant Vice President Education, Financial AidEducational Affairs. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,708 per bi-weekly pay period ($ 99,450$122,400/Annualized), payable in installments less any legally authorized deductions as the D61D72, DirectorXxxx, Financial AidStudent Affairs. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,553 per bi-weekly pay period ($ 99,450$144,374/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidCore Systems & Infrastructure. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 6,489 per bi-weekly pay period ($ 99,450$168,718/Annualized), payable in installments less any legally authorized deductions as the D61D71, DirectorController, Financial AidFinance Department. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,231 per bi-weekly pay period ($ 99,450/$110,000 Annualized), payable in installments less any legally authorized deductions as the D61DBM C52, DirectorAssistant Controller, Financial AidStudent Accounting. B. The term of this contract shall commence on 7/1/2024 2/28/2022 and terminate on 6/30/20256/30/2022. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings the compensation paid to the Employee as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,677 per bi-weekly pay period ($ 99,450$121,598/Annualized), payable in installments less any legally authorized deductions as the D61, DirectorDirector of Nursing Education, Financial AidBiological & Hlth Sciences Div. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 7,006 per bi-weekly pay period ($ 99,450/$182,152 Annualized), payable in installments less any legally authorized deductions as the D61DBM A2, DirectorChief Human Resources Officer, Financial AidHuman Resources. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,604 per bi-weekly pay period ($ 99,450/$145,697 Annualized), payable in installments less any legally authorized deductions as the D61DBM D72, DirectorXxxx, Financial AidEnrollment Services. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,434 per bi-weekly pay period ($ 99,450$141,283/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidBusiness Solutions. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,404 per bi-weekly pay period ($ 99,450$114,500/Annualized), payable in installments less any legally authorized deductions as the DBM D61, Executive Director, Financial AidXxxxx Lumber Center for the Performing Arts. B. The term of this contract shall commence on 7/1/2024 5/23/2022 and terminate on 6/30/20256/30/2022. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings the compensation paid to the Employee as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 6,145 per bi-weekly pay period ($ 99,450/$159,774 Annualized), payable in installments less any legally authorized deductions as the D61DBM D71, DirectorController, Financial AidFinance Department. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,187 per bi-weekly pay period ($ 99,450$108,852/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidChildren's Learning Centers. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,846 per bi-weekly pay period ($ 99,450/Annualized)period, payable in installments less any legally authorized deductions as the D61C52, DirectorDirector of Manufacturing Alliance*, Financial AidCommunity and Workforce Partnerships. B. The term of this contract shall commence on 7/1/2024 3/11/2024 and terminate on 6/30/20256/30/2024. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,123 per bi-weekly pay period ($ 99,450$107,203/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidAthletics & Physical Activity. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,552 per bi-weekly pay period ($ 99,450$118,341/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidStdnt Recruitment & Onboarding. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,633 per bi-weekly pay period ($ 99,450$120,450/Annualized), payable in installments less any legally authorized deductions as the D61D72, Executive Director, Financial AidCommunity Programs. B. The term of this contract shall commence on 7/1/2024 10/23/2023 and terminate on 6/30/20256/30/2024. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 2,530 per bi-weekly pay period ($ 99,450/Annualized)period, payable in installments less any legally authorized deductions as the D61DBM C45, DirectorManager*, Financial AidTRiO-Educational Talent Search Grants. B. The term of this contract shall commence on 7/1/2024 11/9/2020 and terminate on 6/30/20256/30/2021. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings the compensation paid to the Employee as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,490 per bi-weekly pay period ($ 99,450$142,743/Annualized), payable in installments less any legally authorized deductions as the D61D71, Director, Financial AidCapital,Susty, and CM Services. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,364 per bi-weekly pay period ($ 99,450$139,466/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidTechnology Support. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,498 per bi-weekly pay period ($ 99,450$142,939/Annualized), payable in installments less any legally authorized deductions as the D61D71, Director, Financial AidHuman Resources. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,535 per bi-weekly pay period ($ 99,450/$91,900 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial AidCounseling and Psychological Services. B. The term of this contract shall commence on 7/1/2024 1/17/2023 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,654 per bi-weekly pay period ($ 99,450$95,000/Annualized), payable in installments less any legally authorized deductions as the DBM D61, DirectorDirector Urban Farms, Financial AidCommunity Programming. B. The term of this contract shall commence on 7/1/2024 12/6/2021 and terminate on 6/30/20256/30/2022. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings the compensation paid to the Employee as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,639 per bi-weekly pay period ($ 99,450$146,604/Annualized), payable in installments less any legally authorized deductions as the D61E81, DirectorAssistant Vice President, Financial AidStrategic Advancement. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,403 per bi-weekly pay period ($ 99,450/$114,491 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial AidStudent Development. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,072 per bi-weekly pay period ($ 99,450$131,879/Annualized), payable in installments less any legally authorized deductions as the D61D72, DirectorXxxx, Financial AidEngineering/Math/Phy Sci Div. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 7,286 per bi-weekly pay period ($ 99,450/$189,444 Annualized), payable in installments less any legally authorized deductions as the D61DBM E82, DirectorExecutive Director and Chief Development Officer, Financial AidCollege Foundation. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 6,769 per bi-weekly pay period ($ 99,450$175,997/Annualized), payable in installments less any legally authorized deductions as the D61D71, Director, Financial AidApplication Development. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,730 per bi-weekly pay period ($ 99,450/$96,968 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial AidStdnt Rcrd & Global Engagement. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,692 per bi-weekly pay period ($ 99,450$93,000/Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial AidGlobal Engagement. B. The term of this contract shall commence on 7/1/2024 6/5/2023 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,306 per bi-weekly pay period ($ 99,450$111,960/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidAccess & Disability Rsrc Ctr. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,270 per bi-weekly pay period ($ 99,450$137,018/Annualized), payable in installments less any legally authorized deductions as the D61D71, DirectorChief of Police, Financial AidPolice Department. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,475 per bi-weekly pay period ($ 99,450$142,361/Annualized), payable in installments less any legally authorized deductions as the D61D72, DirectorXxxx, Financial AidBiological & Hlth Sciences Div. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,523 per bi-weekly pay period ($ 99,450/$91,600 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial Aid. B. The term of this contract shall commence on 7/1/2024 8/24/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,808 per bi-weekly pay period ($ 99,450$125,000/Annualized), payable in installments less any legally authorized deductions as the D61D72, Executive Director, Financial AidCareer and Job Placement Center. B. The term of this contract shall commence on 7/1/2024 4/22/2024 and terminate on 6/30/20256/30/2024. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,977 per bi-weekly pay period ($ 99,450$103,400/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidInstitutional Effect/Plan/Rsrc. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,966 per bi-weekly pay period ($ 99,450/$103,122 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial AidAccess & Disability Rsrc Ctr. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,455 per bi-weekly pay period ($ 99,450$141,824/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidCybersecurity. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,552 per bi-weekly pay period ($ 99,450/$118,362 Annualized), payable in installments less any legally authorized deductions as the D61DBM D71, Director, Financial AidPublic Relations & Marketing. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,308 per bi-weekly pay period ($ 99,450$138,000/Annualized), payable in installments less any legally authorized deductions as the D61D71, DirectorDirector Budget and Risk Management, Financial AidFinance Department. B. The term of this contract shall commence on 7/1/2024 3/11/2024 and terminate on 6/30/20256/30/2024. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,568 per bi-weekly pay period ($ 99,450$118,778/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidAdvising and Retention. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 6,084 per bi-weekly pay period ($ 99,450$158,184/Annualized), payable in installments less any legally authorized deductions as the D61D72, DirectorXxxx, Financial AidEnrollment Services. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,558 per bi-weekly pay period ($ 99,450$118,500/Annualized), payable in installments less any legally authorized deductions as the D61DBM D72, DirectorXxxx, Financial AidAdult Education and ESL Division. B. The term of this contract shall commence on 7/1/2024 3/27/2023 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 2,637 per bi-weekly pay period ($ 99,450/$68,563 Annualized), payable in installments less any legally authorized deductions as the D61DBM C52, Assistant Director, Financial AidStudent Records Services. B. The term of this contract shall commence on 7/1/2024 3/21/2022 and terminate on 6/30/20256/30/2022. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings the compensation paid to the Employee as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,303 per bi-weekly pay period ($ 99,450/$137,882 Annualized), payable in installments less any legally authorized deductions as the D61DBM D72, Executive Director, Financial AidCommunity Programming. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

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EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,653 per bi-weekly pay period ($ 99,450$146,990/Annualized), payable in installments less any legally authorized deductions as the D61D72, DirectorXxxx, Financial AidTeaching, Learning and Educational Technology. B. The term of this contract shall commence on 7/1/2024 1/3/2023 and terminate on 6/30/20256/30/2024. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,790 per bi-weekly pay period ($ 99,450$124,545/Annualized), payable in installments less any legally authorized deductions as the D61D72, Executive Director, Financial AidCommunity Programs. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,846 per bi-weekly pay period ($ 99,450$151,988/Annualized), payable in installments less any legally authorized deductions as the D61D72, DirectorXxxx, Financial AidTeach, Learn & Educate Tech. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,208 per bi-weekly pay period ($ 99,450/$109,403 Annualized), payable in installments less any legally authorized deductions as the D61DBM D71, DirectorDirector Student Success Strategies, Financial AidStudent Success Strategy. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,856 per bi-weekly pay period ($ 99,450/$100,260 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial AidChildren's Learning Centers. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,681 per bi-weekly pay period ($ 99,450$121,700/Annualized), payable in installments less any legally authorized deductions as the D61, DirectorAssociate Xxxx, Financial AidBusiness & Social Sciences Div. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,057 per bi-weekly pay period ($ 99,450/$131,476 Annualized), payable in installments less any legally authorized deductions as the D61DBM D71, Director, Financial AidCapital,Susty, and CM Services. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,594 per bi-weekly pay period ($ 99,450$119,446/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidCommunity & Workforce P'ships. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,538 per bi-weekly pay period ($ 99,450/$92,000/ Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial AidStudent Activities and Inclusion. B. The term of this contract shall commence on 7/1/2024 7/18/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,208 per bi-weekly pay period ($ 99,450/$109,403 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial AidAdvising and Retention. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,128 per bi-weekly pay period ($ 99,450/$133,336 Annualized), payable in installments less any legally authorized deductions as the D61DBM D72, DirectorXxxx, Financial AidEngineering/Math/Phy Sci Div. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,079 per bi-weekly pay period ($ 99,450/$132,067 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial AidEducational Technology. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,571 per bi-weekly pay period ($ 99,450/$92,856 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial AidCounseling and Psych Services. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,488 per bi-weekly pay period ($ 99,450$142,692/Annualized), payable in installments less any legally authorized deductions as the D61D71, DirectorDirector Budget and Risk Management, Financial AidFinance Department. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,478 per bi-weekly pay period ($ 99,450$142,431/Annualized), payable in installments less any legally authorized deductions as the D61D72, DirectorXxxx, Financial AidLakeshore Campus. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,854 per bi-weekly pay period ($ 99,450/$126,203 Annualized), payable in installments less any legally authorized deductions as the D61DBM D71, DirectorChief of Police, Financial AidPolice Department. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 6,769 per bi-weekly pay period ($ 99,450$175,997/Annualized), payable in installments less any legally authorized deductions as the D61D72, DirectorXxxx, Financial AidBusiness & Social Sciences Div. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,941 per bi-weekly pay period ($ 99,450/$128,457 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial AidTechnology Support. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 7,450 per bi-weekly pay period ($ 99,450/$193,699 Annualized), payable in installments less any legally authorized deductions as the D61DBM A2, DirectorChief Information Officer, Financial AidInformation Technology. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 7,246 per bi-weekly pay period ($ 99,450$188,400/Annualized), payable in installments less any legally authorized deductions as the D61E81, DirectorExecutive Director and Chief Development Officer, Financial AidCollege Foundation. B. The term of this contract shall commence on 7/1/2024 11/4/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,737 per bi-weekly pay period ($ 99,45097,162/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidStudent Activities & Inclusion. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,009 per bi-weekly pay period ($ 99,450$104,227/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidStudent Records. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,604 per bi-weekly pay period ($ 99,450$93,700/Annualized), payable in installments less any legally authorized deductions as the DBM D61, DirectorAssociate Xxxx, Financial AidBiological and Health Sciences Division. B. The term of this contract shall commence on 7/1/2024 4/24/2023 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,500 per bi-weekly pay period ($ 99,450/$91,000 Annualized), payable in installments less any legally authorized deductions as the DBM D61, Director, Financial Aid. B. The term of this contract shall commence on 7/1/2024 8/24/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,404 per bi-weekly pay period ($ 99,450/$114,500 Annualized), payable in installments less any legally authorized deductions as the D61DBM D72, Executive Director, Financial AidXxxxx Lumber Ctr/PerformingArt. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 3,789 per bi-weekly pay period ($ 99,45098,514/Annualized), payable in installments less any legally authorized deductions as the D61, DirectorAssociate Xxxx, Financial AidBiological & Hlth Sciences Div. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,005 per bi-weekly pay period ($ 99,450/$130,131 Annualized), payable in installments less any legally authorized deductions as the D61DBM D72, Executive Director, Financial AidWorkforce & Professional Dev. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,311 per bi-weekly pay period ($ 99,450/$112,094 Annualized), payable in installments less any legally authorized deductions as the DBM D61, DirectorAssociate Xxxx, Financial AidBusiness & Social Sciences Div. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,568 per bi-weekly pay period ($ 99,450$144,763/Annualized), payable in installments less any legally authorized deductions as the D61D72, DirectorExecutive Director Workforce Initiatives, Financial AidCommunity & Workforce P'ships. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,727 per bi-weekly pay period ($ 99,450/$148,909 Annualized), payable in installments less any legally authorized deductions as the D61DBM D72, Executive Director, Financial AidCareer and Job Placement Cntr. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 6,547 per bi-weekly pay period ($ 99,450/$170,210 Annualized), payable in installments less any legally authorized deductions as the D61DBM D71, Director, Financial AidApplication Development. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,472 per bi-weekly pay period ($ 99,450$116,279/Annualized), payable in installments less any legally authorized deductions as the D61D71, DirectorDirector Diversity Equity & Inclusion, Financial AidStrategic Advancement. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 6,532 per bi-weekly pay period ($ 99,450$169,831/Annualized), payable in installments less any legally authorized deductions as the D61D72, DirectorXxxx, Financial AidSouthlake Campus and CLC Online. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 4,994 per bi-weekly pay period ($ 99,450$129,850/Annualized), payable in installments less any legally authorized deductions as the D61D71, DirectorDirector Corporate and Foundation Relations, Financial AidCollege Foundation. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/202512/31/2024. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 5,039 per bi-weekly pay period ($ 99,450$131,005/Annualized), payable in installments less any legally authorized deductions as the D61, Director, Financial AidStudent Academic Success. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee for a salary of $3,825 6,016 per bi-weekly pay period ($ 99,450/$156,425 Annualized), payable in installments less any legally authorized deductions as the D61DBM D72, DirectorXxxx, Financial AidSouthlake Campus and CLC Online. B. The term of this contract shall commence on 7/1/2024 7/1/2022 and terminate on 6/30/20256/30/2023. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

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