Flexible Benefits Options Sample Clauses

Flexible Benefits Options. Should the University choose to develop a Cafeteria style flexible benefits plan, the Association may participate in design and review of such plan. If the University arranges flexible benefits options for any other non-faculty employee group, such options may be made available to OUPSA MEA/NEA represented employees subject to a Letter of Agreement between the Association and the University.
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Flexible Benefits Options. If the Employer arranges flexible benefits options for any other non-faculty employee groups, such options may be made available to OUCMT-represented employees subject to a Letter of Agreement between the OUCMT and the Employer. Custodian IV/Housing-Oak. Ctr N/A N/A $18.20 Custodian III/Grndskeeper/Facilities N/A N/A $15.70 Custodian III/Facilities N/A N/A $15.70 Custodian II/Housing-Oak. Ctr $12.11 $12.36 N/A Custodian I/Facilities $10.46 $10.71 N/A Effective November 1, 2014 a Lump Sum Payment based on two percent (2%) of the hourly rate times annual regularly scheduled hours will be paid to all employees in the Custodian IV/Housing-Oak.Ctr. classification and a Lump Sum Payment based on three percent (3%) of the hourly rate times annual regularly scheduled hours will be paid to all employees in the Custodian III/Grounds/Facilities and Custodian III/Facilities classifications. Custodian IV/Housing-Oak. Ctr N/A N/A $18.20 Custodian III/Grndskeeper/Facilities N/A N/A $15.70 Custodian III/Facilities N/A N/A $15.70 Custodian II/Housing-Oak. Ctr $12.11 $12.36 N/A Custodian I/Facilities $10.57 $10.82 N/A Effective November 1, 2015 a Lump Sum Payment based on two percent (2%) of the hourly rate times annual regularly scheduled hours will be paid to all employees in the Custodian IV/Housing-Oak.Ctr. classification and a Lump Sum Payment based on three percent (3%) of the hourly rate times annual regularly scheduled hours will be paid to all employees in the Custodian III/Grounds/Facilities and Custodian III/Facilities classifications. Custodian IV/Housing-Oak. Ctr N/A N/A $18.20 Custodian III/Grndskeeper/Facilities N/A N/A $15.86 Custodian III/Facilities N/A N/A $15.86 Custodian II/Housing-Oak.Ctr $12.11 $12.36 N/A Custodian I/Facilities $10.68 $10.93 N/A Effective November 1, 2016, a Lump Sum Payment based on two percent (2%) of the hourly rate times annual regularly scheduled hours will be paid to all employees in the Custodian IV/Housing-Oak. Ctr.classification. Progression to "After two (2) years" pay rate shall occur on the second anniversary of the current employee's most recent date of hire. The pay rate of the Custodian Groundskeeper while functioning as a Custodian shall be paid at the appropriate Custodian pay rate. The pay rate of the Custodian/Groundskeeper while functioning as a Groundskeeper shall be in accordance with Appendix C. Custodian I/Facilities and Custodian II/Housing –Oak. Ctr. are new hires on or after 01/01/12. NOTE: Any current custod...
Sample 1
Flexible Benefits Options. If the Employer arranges flexible benefits options for any other non- faculty employee groups, such options may be made available to OUCMT-represented employees subject to a Letter of Agreement between the OUCMT and the Employer.
Sample 1
Flexible Benefits Options. If the Employer arranges flexible benefits options for any other non- faculty employee groups, such options may be made available to OUCMT-represented employees subject to a Letter of Agreement between the OUCMT and the Employer. Progression to "After two (2) years" pay rate shall occur on the second anniversary of the current employee's most recent date of hire. The pay rate of the Custodian Groundskeeper while functioning as a Custodian shall be paid at the appropriate Custodian pay rate. The pay rate of the Custodian/Groundskeeper while functioning as a Groundskeeper shall be in accordance with Appendix C. Custodian I/Facilities and Custodian II/Housing –Oak. Ctr. are new hires on or after 01/01/12. NOTE: Any current custodian employed in Facilities as of 12/6/11, will be eligible for the current pay rate at Housing or Oakland Center, should they be selected for a transfer into either one (1) of those two (2) areas. Employees shall progress through the Groundskeeper/Greenskeeper pay levels in accordance with program and experience requirements as identified on Appendix E Program and/or Licensure Requirements - Greenskeepers, Groundskeepers, Skilled Trades. Classification I II III IV V VI VII Less than 9 9 credit hours 23 credit 37 credit Satisfaction of Groundskeeper credit hours / 1 year hours/ 2 hours / 3 years program and Greenskeeper and less than relevant years relevant licensure 1 year experience relevant experience requirements relevant experience OR new hires AND 36 experience meeting months of program service OR requirements New Hires who met requirements and have completed 18 months of service Skilled Trades - Less than 12 12 credit 20 credit 28 credit 36 credit Satisfaction of Satisfaction of Carpentry credit hours hours/2 years hours / 3 hours / 4 years hours/5 years program program and less than relevant years relevant relevant and/or and/or 2 years experience relevant experience experience licensure licensure relevant experience requirements requirements experience (46 credit and 3 months hours) and 6 of service in years relevant the Skilled experience Trades VI OR New classification Hires meeting program and/or licensure requirements Skilled Trades - Less than 12 12 credit 20 credit 28 credit 36 credit Satisfaction of Satisfaction of Electrical credit hours hours/2 years hours / 3 hours / 4 years hours/5 years program program and less than relevant years relevant relevant and/or and/or 2 years experience relevant experience experience lic...
Sample 1

Related to Flexible Benefits Options

  • Flexible Benefits Plan A flexible benefits plan, which is in accordance with Section 125 of the Internal Revenue Code, was implemented for eligible employees covered by this Agreement on October 1, 1990.

  • Flexible Benefits Insurance Program

  • Flexible Benefit Plan The District will maintain, at no cost to the employee, a flexible spending benefit plan pursuant to Section 125 of the Internal Revenue Code, with operating procedures determined by the District in accordance with IRS regulations. This plan may be used for favorable income tax treatment of the employee’s health and dental premium contributions, deductibles, co-insurance amounts, other unreimbursed medical expenses, and dependent care assistance.

  • Benefits Plans During the Employment Period, You will be eligible to participate in all benefit plans in effect for executives and employees of the Company, subject to the terms and conditions of such plans.

  • Incentive Compensation Program In order to enhance consistency in sales efforts for products offered inside and outside of Covered California, Contractor shall consider information provided by Covered California regarding sales commissions in order to credit the Agent’s sale of QDPs through Covered California for Small Business to the Agent’s sale of Contractor’s policies outside Covered California for purposes of determining Agent’s aggregate sales that shall be used by Contractor to determine incentive or other compensation payable by Contractor to Agent. Contractor shall provide information as may reasonably be required by Covered California from time to time to monitor Contractor’s compliance with the requirements set forth in this section.

  • Flexible Spending Accounts Employees in the unit shall have access to the County’s flexible spending account program, which provides employees with the options of dependent care assistance benefits with a calendar year maximum of $5,000, and medical expense reimbursement benefits with a calendar year maximum of $2,400. The County shall maintain this plan in compliance with IRC §125. Employee premiums for flexible spending account benefits shall be deducted on a pre-tax basis from employee pay.

  • Compensation Benefits Etc During the Employment Period, the Manager shall be compensated as follows: (a) The Manager shall (i) receive an annual cash base salary, payable not less frequently than semi-monthly, which is not less than the annualized cash base salary payable to Manager as of the Effective Date; (ii) be entitled to at least as favorable annual incentive award opportunity under the Company's annual incentive compensation plan as he did in the calendar year immediately prior to the year in which the Change of Control Event occurs; and (iii) be eligible to participate in all of the Company's long-term incentive compensation plans and programs on terms that are at least as favorable to the Manager as provided to the Manager in the four calendar years prior to the Effective Date. (b) The Manager shall be entitled to receive fringe benefits, employee benefits, and perquisites (including, but not limited to, vacation, medical, disability, dental, and life insurance benefits) which are at least as favorable to those made generally available as of the Effective Date to all of the Company's salaried managers as a group. In addition, the Manager shall be eligible to participate in the Company's Supplemental Retirement Income Program ("SRIP"). (c) Notwithstanding any other provision of this Agreement (whether in this Section 4, in Section 6, or elsewhere), (i) the Board of Directors may authorize an increase in the amount, duration, and nature of and/or the acceleration of any compensation or benefits payable under this Agreement, as well as waive or reduce the requirements for entitlement thereto and (ii) the Company may deduct from amounts otherwise payable to the Manager such amounts as it reasonably believes it is required to withhold for the payment of federal, state, and local taxes.

  • Compensation Plans Following any termination of the Executive's employment, the Company shall pay the Executive all unpaid amounts, if any, to which the Executive is entitled as of the Date of Termination under any compensation plan or program of the Company, at the time such payments are due.

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

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