Common use of EMPLOYMENT TERM AND COMPENSATION Clause in Contracts

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 per bi-weekly pay period ($54,450/Annualized), for the term commencing on 1/22/2024 and ending on 6/30/2024, in installments less any legally authorized deductions as the B32, Academic Success Advisor, Advising and Retention. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 1,900 per bi-weekly pay period ($54,45049,388/Annualized), for the term commencing on 1/22/2024 1/28/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, Academic Success Advisor, Advising and Retention. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,665 per bi-weekly pay period ($54,450/69,300 Annualized), for the term commencing on 1/22/2024 5/29/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the B32DBM B31, Academic Success AdvisorCampus IT Support Coordinator, Advising and RetentionTechnology Support. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 1,900 per bi-weekly pay period ($54,450/49,388 Annualized), for the term commencing on 1/22/2024 8/30/2021 and ending on 6/30/20246/30/2022, in installments less any legally authorized deductions as the DBM B32, Academic Success AdvisorCollege and Career Navigator, Advising Student Recruitment and RetentionOnboarding. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,579 per bi-weekly pay period ($54,45067,052/Annualized), for the term commencing on 1/22/2024 6/10/2024 and ending on 6/30/2024, in installments less any legally authorized deductions as the B32C43, Academic Success AdvisorBusiness Analyst, Advising Student Recruitment and RetentionOnboarding. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee Employee a salary of $2,094 1,826 per bi-weekly pay period ($54,450/Annualized)period, for the term commencing on 1/22/2024 and ending on 6/30/202411/5/2022 through 6/30/2023, in installments less any legally authorized deductions as the B32B32 Enrichment Center Coordinator*, Academic Success Advisor, Advising and RetentionAdult Education/Literacy. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 1,971 per bi-weekly pay period ($54,450/51,250 Annualized), for the term commencing on 1/22/2024 4/8/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, Academic Success AdvisorTalent Acquisition Specialist, Advising and RetentionHuman Resources. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,737 per bi-weekly pay period ($54,45071,159/Annualized), for the term commencing on 1/22/2024 11/20/2023 and ending on 6/30/2024, in installments less any legally authorized deductions as the B32C41, Academic Success AdvisorCommunity Relations and Events Manager, Advising and RetentionLakeshore Campus. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,123 per bi-weekly pay period ($54,45055,203/Annualized), for the term commencing on 1/22/2024 10/21/2024 and ending on 6/30/20246/30/2025, in installments less any legally authorized deductions as the B32, Academic Student Success AdvisorCoordinator, Advising Adult Education and RetentionESL. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,577 per bi-weekly pay period ($54,450/67,000 Annualized), for the term commencing on 1/22/2024 11/1/2021 and ending on 6/30/20246/30/2022, in installments less any legally authorized deductions as the B32DBM C43, Academic Success AdvisorProgram Manager College Readiness and Dual Credit, Advising and RetentionP-20 Educational Partnerships. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee Employee a salary of $2,094 1,731 per bi-weekly pay period ($54,450/Annualized)period, for the term commencing on 1/22/2024 and ending on 6/30/20241/14/2023 through 6/30/2023, in installments less any legally authorized deductions as the B32DBM B31, Academic Success AdvisorVolunteer Coordinator*, Advising and RetentionJudicial Services. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee Employee a salary of $2,094 2,378 per bi-weekly pay period ($54,450/Annualized)period, for the term commencing on 1/22/2024 and ending on 6/30/20241/1/2023 through 6/30/2023, in installments less any legally authorized deductions as the DBM B32, Academic Success AdvisorInternational Trade Specialist*, Advising and RetentionSmall Bus Dev./Int'l Trade Ctr. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee Employee a salary of $2,094 1,900 per bi-weekly pay period ($54,450/Annualized)period, for the term commencing on 1/22/2024 and ending on 6/30/20241/9/2023 through 6/30/2023, in installments less any legally authorized deductions as the B32B32 Early Childhood Education Program Coordinator*, Academic Success Advisor, Advising Business and RetentionSocial Sciences Division. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,019 per bi-weekly pay period ($54,450/52,488 Annualized), for the term commencing on 1/22/2024 10/3/2022 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, Academic Success AdvisorCollege and Career Navigator, Advising Student Recruitment and RetentionOnboarding. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee Employee a salary of $2,094 3,157 per bi-weekly pay period ($54,450/Annualized)period, for the term commencing on 1/22/2024 and ending on 6/30/20241/1/2023 through 6/30/2023, in installments less any legally authorized deductions as the B32DBM C41, Academic Success AdvisorManager*, Advising and RetentionSmall Bus Dev./Int'l Trade Ctr. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee Employee a salary of $2,094 2,033 per bi-weekly pay period ($54,450/Annualized)period, for the term commencing on 1/22/2024 and ending on 6/30/202410/3/2022 through 6/30/2023, in installments less any legally authorized deductions as the DBM B32, Academic Success Education Talent Search Program Advisor*, Advising and RetentionEducational Talent Search Grants. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,008 per bi-weekly pay period ($54,45052,200/Annualized), for the term commencing on 1/22/2024 1/9/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, Academic Success AdvisorSenior Program Coordinator, Advising and RetentionProfessional Development. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,100 per bi-weekly pay period ($54,45054,600/Annualized), for the term commencing on 1/22/2024 1/14/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, Academic Success AdvisorSenior Graphic Designer, Advising Public Relations and RetentionMarketing. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 1,995 per bi-weekly pay period ($54,450/51,857 Annualized), for the term commencing on 1/22/2024 7/1/2022 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, Academic Success Advisor, Advising and Retention. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,085 per bi-weekly pay period ($54,450/54,200 Annualized), for the term commencing on 1/22/2024 4/3/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, Academic Success AdvisorAccessibility Coordinator, Advising Access and RetentionDisability Resource Center. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee Employee a salary of $2,094 2,316 per bi-weekly pay period ($54,450/Annualized)period, for the term commencing on 1/22/2024 and ending on 5/27/2024 through 6/30/2024, in installments less any legally authorized deductions as the B32, Academic Success AdvisorLead College and Career Navigator*, Advising Student Recruitment and RetentionOnboarding. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,342 per bi-weekly pay period ($54,450/60,900 Annualized), for the term commencing on 1/22/2024 7/1/2022 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, Academic Success AdvisorTalent Development Coordinator, Advising and RetentionHuman Resources. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,888 per bi-weekly pay period ($54,45075,100/Annualized), for the term commencing on 1/22/2024 3/27/2024 and ending on 6/30/2024, in installments less any legally authorized deductions as the B32C41, Academic Success AdvisorDevelopment Services Manager, Advising and RetentionCollege Foundation. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary Employee an hourly rate of $2,094 per bi-weekly pay period ($54,45023.46/Annualized), Hour for the term commencing on 1/22/2024 4/6/2024 and ending on 6/30/2024, 6/30/2024 in installments less any legally authorized deductions as the B32B23, Academic Success AdvisorPatron Services Coordinator, Advising and RetentionXxxxx Xxxxxx Center for the Performing Arts. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 1,900 per bi-weekly pay period ($54,450/49,388 Annualized), for the term commencing on 1/22/2024 8/16/2021 and ending on 6/30/20246/30/2022, in installments less any legally authorized deductions as the DBM B32, Academic Success AdvisorCollege and Career Navigator, Advising Student Recruitment and RetentionOnboarding. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 1,900 per bi-weekly pay period ($54,450/49,388 Annualized), for the term commencing on 1/22/2024 4/8/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, Academic Success AdvisorCollege and Career Navigator, Advising Student Recruitment and RetentionOnboarding. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,103 per bi-weekly pay period ($54,45054,676/Annualized), for the term commencing on 1/22/2024 7/1/2024 and ending on 6/30/20246/30/2025, in installments less any legally authorized deductions as the B32, Academic Success Advisor, Advising and Retention. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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: Faculty Employment Contract

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 1,675 per bi-weekly pay period ($54,450/43,543 Annualized), for the term commencing on 1/22/2024 10/28/2020 and ending on 6/30/20246/30/2021, in installments less any legally authorized deductions as the B32DBM B24, Academic Success AdvisorDigital Content Coordinator, Advising Public Relations and RetentionMarketing. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 1,902 per bi-weekly pay period ($54,45049,450/Annualized), for the term commencing on 1/22/2024 2/24/2024 and ending on 6/30/2024, in installments less any legally authorized deductions as the B32, Academic Success Advisor, Advising and Retention. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 2,465 per bi-weekly pay period ($54,450/64,100 Annualized), for the term commencing on 1/22/2024 8/29/2022 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the B32DBM C43, Academic Success AdvisorLaboratory Manager, Advising Biological and RetentionHealth Sciences Division. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the 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 with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $2,094 1,900 per bi-weekly pay period ($54,450/49,388 Annualized), for the term commencing on 1/22/2024 8/30/2021 and ending on 6/30/20246/30/2022, in installments less any legally authorized deductions as the DBM B32, Academic Success AdvisorStrategic Projects Coordinator, Advising Strategy, Planning and RetentionSupport. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings 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

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