Existing Employees - Current employees as Sample Clauses

Existing Employees - Current employees as of the effective date of this Agreement shall be grandfathered in to the present retirement funding structure (wherein the District is currently paying both employee (8%) and employer (16 %) side of PERS contributions for a total of 24%). As PERS contribution rates increase, the total payment shall be capped at 30%. Increases beyond that shall shift to the employee to fund the required employee contribution.
AutoNDA by SimpleDocs

Related to Existing Employees - Current employees as

  • Current Employees Employees who are eligible to participate but not deferring shall have Elective Deferrals withheld in the amount of ______ % of Compensation or $_________ of Compensation. Employees and Participants shall have the right to amend the stated automatic Elective Deferral percentage or receive cash in lieu of deferral into the Plan.

  • Employees' Compensation The Consultant shall be solely responsible for the following:

  • Disabled Employees' Preference Any employee covered by this Agreement who has given good and faithful service to the Employer and who, through advancing years or temporary disablement is unable to perform their regular duties, may be given the preference of any light work available at the salary payable at the time for the assigned position.

  • Employee’s Role The Employee ☐ shall ☐ shall not have the right to act in the capacity of the Employer. This includes, but is not limited to, making written or verbal agreements with any customer, client, affiliate, vendor, or third (3rd) party.

  • Disabled Employees If an employee becomes disabled with the result that he is unable to carry out the regular functions of his position, the Hospital may establish a special classification and salary with the hope of providing an opportunity of continued employment.

  • All Employees The Company shall not include the shift differential in any employee’s wage rate for the calculation of overtime.

  • Eligible Employees Regular and probationary, full time and less than full-time employees (on a pro rata basis) are eligible to participate in this program. Sec. 903 COURSES ELIGIBLE: The following criteria will be used in determining eligibility for reimbursement:

  • Reporting Subawards and Executive Compensation a. Reporting of first-tier subawards.

  • Active Employees Active Employees who have not terminated service during the Plan Year and who meet the following requirements (select all that apply; leave blank if no exclusions):

  • Part-time Employees Eligible for Holidays 367. Part-time employees who regularly work a minimum of twenty (20) hours in a bi-weekly pay period shall be entitled to holiday pay on a proportionate basis. 368. Regular full-time employees are entitled to 8/80 or 1/10 time off when a holiday falls in a bi-weekly pay period, therefore, part-time employees, as defined in the immediately preceding paragraph, shall receive a holiday based upon the ratio of 1/10 of the total hours regularly worked in a bi-weekly pay period. Holiday time off shall be determined by calculating 1/10 of the hours worked by the part-time employee in the bi-weekly pay period immediately preceding the pay period in which the holiday falls. The computation of holiday time off shall be rounded to the nearest hour.

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