FRINGE BENEFITS POLICY Sample Clauses

FRINGE BENEFITS POLICY. The fundamental policy of Foundation on employee benefits is set forth in Policy Statement 507-G, BENEFIT PROGRAMS FOR ALL RESEARCH FOUNDATION PROJECT EMPLOYEES and 508-J, RETIRED EMPLOYEES BENEFITS PROGRAM. These policies, as revised on January 1, 2014 and May 31, 2017 respectively, shall apply to covered employees for the duration of this Agreement. Included in the fringe benefits detailed in these policies are health, dental, vision, long-term disability, and life insurance policies and the TIAA-CREF retirement annuity program. NOTE: The revised Policy No. 508-H changes the minimum age of eligibility for RF benefits incidental to retirement (i.e., lifetime health insurance; cash payout) from 55 years of age to 62 years of age for employees hired on or after January 1, 2014.
Sample 1
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FRINGE BENEFITS POLICY. The fundamental policy of Foundation on employee benefits is set forth in Policy Statement 507-G, BENEFIT PROGRAMS FOR ALL RESEARCH FOUNDATION PROJECT EMPLOYEES and 508-J, RETIRED EMPLOYEES BENEFITS PROGRAM. These policies, as revised on January 1, 2014 and May 31, 2017 respec- tively, shall apply to covered employees for the duration of this Agreement. Included in the fringe benefits detailed in these policies are health, dental, vision, long-term disability, and life insurance policies and the TIAA-CREF retirement annuity program. NOTE: The revised Policy No. 508-H changes the minimum age of eligibil- ity for RF benefits incidental to retirement (i.e., lifetime health insurance; cash payout) from 55 years of age to 62 years of age for employees hired on or after January 1, 2014.
Sample 1
FRINGE BENEFITS POLICY. The fundamental policy of Foundation on employee benefits is set forth in Policy Statement 507-F, Benefit Programs for all research foundation project employees and 508-G, Retired employ- ees benefits program. These policies, as revised on November 11, 2008 and July 1, 2007 respectively, shall apply to covered employ- ees for the duration of this Agreement. Included in the fringe bene- fits detailed in these policies are health, dental, vision, long-term disability, and life insurance policies and the TIAA-CREF retire- ment annuity program.
Sample 1

Related to FRINGE BENEFITS POLICY

  • Fringe Benefits During the Employment Period, the Executive shall be entitled to such fringe benefits and perquisites as are provided by the Company to its senior executives from time to time, in accordance with the policies, practices and procedures of the Company, and shall receive such additional fringe benefits and perquisites as the Company may, in its discretion, from time-to-time provide.

  • Other Fringe Benefits During the Employment Period, Executive shall be entitled to receive such of the Company’s other fringe benefits as are being provided to other Executives of the Company on the Senior Executive Team.

  • Compensation and Fringe Benefits (a) The Company shall, during the Term of Employment, pay to the Executive as compensation for the performance of his duties and obligations a salary of $240,000 per annum. This compensation is subject to annual review and adjustment, as appropriate in the judgment of the Company. The compensation payable pursuant to this Section 5(a) shall be payable in equal semi-monthly installments on the last day of each such pay period. (b) The Executive shall be enrolled and participate in any retirement, group insurance and other fringe benefit plans and arrangements which are applicable to the similarly situated personnel of the Company and in effect from time to time, if the Executive is eligible therefor, in each case in accordance with and subject to the provisions thereof.

  • Vacation and Fringe Benefits During the Employment Period, the Executive shall be entitled to paid vacation and fringe benefits at a level that is commensurate with the paid vacation and fringe benefits available to the Executive immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available from time to time to the Executive or other similarly situated officers at any time thereafter.

  • Fringe Benefit The benefits provided by this Agreement are granted by the Employer as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has no option to take any current payments or bonus in lieu of the benefits provided by this Agreement.

  • Fringe Benefits and Perquisites During the Employment Term, the Executive shall be entitled to fringe benefits and perquisites consistent with those provided to similarly situated executives of the Company.

  • Customary Fringe Benefits Executive will be eligible for all customary and usual fringe benefits generally available to executives of Company subject to the terms and conditions of Company’s benefit plan documents. Company reserves the right to change or eliminate the fringe benefits on a prospective basis, at any time, effective upon notice to Executive.

  • 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.

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.

  • Company Benefits Subject to the satisfaction of the general rules for eligibility and participation under the Company’s standard employee benefit plans and practices, Executive shall be allowed to participate in the Company’s standard employee benefit plans and practices which may be in effect from time to time during the term of Executive’s employment and are provided by the Company to its employees generally. Such participation shall be governed by the applicable plan documents, and the Company reserves the right, in its discretion, to amend, modify, or discontinue any benefit plan or practice.

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