Income Maintenance Sample Clauses

The Income Maintenance clause establishes provisions to ensure that an individual or party continues to receive a specified level of income during a certain period, often in the context of employment, severance, or support agreements. Typically, this clause outlines the amount, frequency, and duration of payments, and may specify conditions under which payments may be adjusted or terminated, such as re-employment or changes in financial circumstances. Its core practical function is to provide financial stability and security to the recipient during transitions or periods of uncertainty, thereby addressing the risk of sudden income loss.
Income Maintenance. 11.1 Redeployment to a position which is classified at a lower level than the position previously occupied may only occur if the employee agrees to accept redeployment to such a position. 11.2 An employee who is redeployed to a position which is classified at a lower level than her or his previous classification level shall receive salary maintenance at her or his previous rate of pay for the position into which she or he has been redeployed for a period of 12 months. 11.3 Following this period the employee will be paid at the rate of pay for the position into which she or he has been redeployed. 11.4 For the purpose of subclauses 11.1 and 11.2, the total remuneration shall include allowances which represent: (a) A relieving allowance that has been paid continuously for 12 months; (b) An allowance which is paid on a regular basis and would continue to be paid during periods of annual leave and includes special allowances granted through salary progression.
Income Maintenance. 21.1.1 When an Employee becomes redeployed to a level lower than their previous classification level, Council agrees to maintain the Employee’s income/salary/wage at the level applicable at the date of the redeployment for a period of no more than 24 months or until the Employee is appointed to a position where the income/salary/wage is equal to or more than the income/salary/wage at the date of redeployment. 21.1.2 Council agrees to apply the general wage increases only (excluding incremental increases) as provided for in this Agreement to the Employee’s maintained income/salary/wage for a period of no more than 24 months from the date of redeployment. 21.1.3 Accrued entitlements are to be paid at the pre-income maintenance rate of pay for Employees who are redeployed to a lower classification level when leave is taken. 21.1.4 In the circumstance where an Employee is voluntarily redeployed to a position that is a lower classification level than their previous classification level, Council will also pay the Employee’s accrued entitlements at the pre income maintenance rate of pay.
Income Maintenance. When an Employee becomes redeployed to a level lower than their previous classification level, Council agrees to maintain the Employee’s income/salary/wage at the level applicable at the date of the redeployment for a period of no more than 24 months or until the Employee is appointed to a position where the income/salary/wage is equal to or more than the income/salary/wage at the date of redeployment. Council agrees to apply the general wage increases only (excluding incremental increases) as provided for in this Agreement to the Employee’s maintained income/salary/wage for a period of no more than 24 months from the date of redeployment. Accrued entitlements are to be paid at the pre-income maintenance rate of pay for Employees who are redeployed to a lower classification level when leave is taken. In the circumstance whereby an Employee is voluntarily redeployed to a position that is a lower classification level than their previous classification level, Council will also pay the Employee’s accrued entitlements at the pre income maintenance rate of pay.
Income Maintenance. 75.1 Income Maintenance payments are the amounts payable from time to time to maintain the level of salary being received at the date a Staff Member is notified that the Staff Member is excess or at the date of an excess Staff Member's reduction in classification, or at the date an excess the Staff Member is retired in accordance with clause 74.4. 75.2 The amounts to be paid by way of income maintenance shall be calculated as follows: i. Where the former Staff Member is unemployed, payment will be at a rate equivalent to their salary at the date of termination less any amount received by way of unemployment benefit. ii. Where the former Staff Member is unemployed, payment will be at a rate equivalent to their salary at the date of termination less any amount received by way of unemployment benefit. iii. Where the former Staff Member obtains employment outside AIMS, payment (if any) will be at the rate necessary to bring their salary from that employment to the salary level at the date of termination. iv. Where Staff accept redeployment within AIMS to a position of lower classification than their substantive classification level, payment will be at the rate necessary to bring their salary up to the salary received immediately before the date of redeployment. v. AIMS may pay an amount to maintain the level of salary received by the Staff Member at the date of notice of reduction in classification for the number of weeks of notice still owing. Such payments will be calculated in accordance with clause 73 Retrenchment Benefits. 75.3 For the purposes of calculating salary at the date of termination/redeployment, the following will be included: i. ERA if it was received for a continuous period of at least twelve (12) months prior to formal advice being given under clause 69.1; and ii. Payment for FDA, shift work or overtime where it was received regularly i.e. in 50% or more of the pays received in the last twelve (12) month period preceding the giving notice under clause 69.1. The amount included will be the average fortnightly payment during the twelve (12) month period; and iii. Occupational Health and Safety Allowance. 75.4 During the period of income maintenance, former Staff will be required to provide acceptable evidence of income (from employment, or unemployment relief) in order to establish and maintain eligibility for income maintenance. 76.1 Where a Staff Member succeeds in securing further employment with AIMS, and is required to move house in order...
Income Maintenance. A potentially excess or excess employee who is redeployed to a lower classification level will have their salary maintained at the higher level for 52 weeks from the date of their reduction while they remain in Defence APS employment. An employee who has received income higher than their substantive level for a continuous period of at least 52 weeks immediately preceding the date of reduction, and who could reasonably have expected to continue receiving the higher income but for their reduction, is to have their income maintained at the higher level for 52 weeks. C5.1 An employee who cannot be redeployed within a reasonable period may be notified by the Secretary, in writing, that they are excess to Defence’s requirements. Before declaring an employee as excess the Secretary must be satisfied that the following relevant factors have been taken into account: a. individual circumstances of the employee, including having regard to their ability to engage in the redeployment process during any authorised long term absence from the workplace; b. whether the change proposal has been implemented correctly and in accordance with the organisational change policy, as amended from time to time; c. action that has been taken to ensure all opportunities for redeployment have been explored, including but not limited to: (i) employee participation in the redeployment process; (ii) efforts to redeploy the employee to suitable duty within the new organisation structure or elsewhere within their Group and Defence; and (iii) the efforts to re-train or re-skill the employee to enhance their redeployment prospects. d. likelihood of the employee being redeployed to another APS agency. C5.2 The employee has one week from the date of the notification to respond. The employee may choose to reduce the notification period. At the end of the notification period the Secretary may declare an employee excess.
Income Maintenance. (a) An Employee, whose income is to be reduced as a result of an organisational change, shall be entitled to a temporary income maintenance allowance. The period during which any income maintenance allowance shall be payable shall not exceed fifty two (52) weeks from the date of redeployment. (b) Income maintenance will not be offered to Employees where a suitable offer is offered, but the Employee elects not to accept the suitable offer but instead chooses to accept a position of lower hours or classification. (c) The affected Employee's income maintenance allowance will be based on the statement of appointment, as applied over the prior three (3) month period. (d) Income maintenance is paid on a fortnightly basis.
Income Maintenance. If you are redeployed to a position other than a position in a Centre and the salary applicable to the classification of the position is less than the salary you are receiving at the time you are redeployed, you will continue to receive your existing rate of salary for a period of no more than 12 months from the date of redeployment, after which you will receive the salary applicable to the classification of the position into which you have been redeployed.
Income Maintenance. When an employee becomes redeployed to a level lower than their previous classification level, Council agrees to maintain the employee's income/salary/wage at the level applicable at the date of the redeployment for a period no more than 24 months or until the employee is appointed to a position where the income/salary/wage is equal to or more than the income/salary/wage at the date of redeployment. Council agrees to apply the general wage increases only (excluding incremental increases) as provided for in this agreement to the employee's maintained income/salary/wage for a period of no more than 24 months from the date of redeployment. Accrued entitlements are to be paid at the pre-income maintenance rate of pay for employees who are redeployed to a lower classification level when leave is taken. In the circumstance whereby an employee is voluntarily redeployed to a position that is a lower classification level than their previous classification level, Council will also pay the employee's accrued entitlements at the pre income income/salary/wage.
Income Maintenance. 4.11.1 Income Maintenance payments are the amounts payable from time to time to maintain the level of salary being received at the date a Staff Member is notified that he or she is excess or at the date of an excess Staff Member's reduction in classification, or at the date an excess Staff Member is retired in accordance with sub-clause 4.10.4. 4.11.2 The amounts to be paid by way of income maintenance shall be calculated as follows: 4.11.2.1 Where the former Staff Member is unemployed, payment will be at a rate equivalent to their salary at the date of termination less any amount received by way of unemployment benefit. 4.11.2.2 Where the former Staff Member obtains employment outside AIMS, payment (if any) will be at the rate necessary to bring their salary from that employment to the salary level at the date of termination. 4.11.2.3 Where Staff accept redeployment within AIMS to a position of lower classification than their substantive classification level, payment will be at the rate necessary to bring their salary up to the salary received immediately before the date of redeployment. 4.11.2.4 AIMS may pay an amount to maintain the level of salary received by the Staff Member at the date of notice of reduction in classification for the number of weeks of notice still owing. Such payments will be calculated in accordance with sub-clause 4.9
Income Maintenance. Where an employee’s fortnightly income (salary and any associated shift payments) is on average reduced as a result of changing shift patterns due to operational requirements income maintenance shall apply. Employees will continue to be paid their pre change fortnightly income for a period calculated as follows: (a) three weeks per year of service capped at 24 weeks, inclusive of the notice period.