Income Replacement Plan Sample Clauses

Income Replacement Plan. All entitlements under the Income Replacement Plans including Long Term Disability, shall be 50% of those received by the member in their full time position.
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Income Replacement Plan. The provisions of Article to inclusive will apply to all members of the service who commence their employment on or after July Effective July a short term and long term disability plan shall be implemented for new members of the Service commencing employment on or after that date. members hired on or after July shall participate in the Short Term Disability Plan. SHORT TERM DISABILITY Each member shall be eligible to receive Short Term Disability benefits following three (3) months of continuous service. The Short Term Disability Plan provides for the continuation of (26) weeks if a member is absent due to non-occupationalillness or accident, Benefits provided will be based on the individual member's length of service, and in accordance with the attached Short Term Disability Schedule. During the "Short Term" period of disability, periods of disability separated by less than twenty (20) consecutive days of employmentwill be consideredthe same period of disability unless disability is due to unrelated causes. Short Term benefitswill commencefrom the first regular shift of disability for the first three (3) separate periods of casual absence in a calendar year, and from the third regular shift of disability forthe fourth and subsequent periods casual absences. A member suffering from a disabling chronic illness who has more than three separate periods of casual absence due to this chronic illness shall be paid for all such absences, provided that the member provides satisfactory medical substantiation that a disabling chronic illness exists, The pay of an employee under this Article is subject to normal deductions as provided for elsewhere in this agreement. Any member who commenced service with the on or after January reporting for duty and later becoming sick and to complete regular tour of duty shall be credited with the hours worked, and shall be requiredto access sick time hours for those hours not worked, provided that the hours not worked during the shift shall not count as a period of casual absence for the purposes of these provisions, A member who, on account of illness or Injury Is absent from work for three (3) or more consecutive working days or six (6) or more working days in a calendar year, be required to submit, and if required, will submit a completed physicianor psychologist's report to the Board or its designate by the end of the three
Sample 1
Income Replacement Plan. (1) Each Member will be eligible to receive Short Term Disability Benefits and Long Term Disability Benefits in accordance with the terms and conditions set out in Schedule "A". (2) Effective 1 January 1991, "Cumulative Sick Leave" credits will be frozen at the current levels. Members must elect one of three options for payout of sick leave credits. At death the Member's beneficiary or estate shall be entitled, if applicable, to the sick leave payment remaining to the credit of the Member. (3) Effective January 1, 2011, sworn members will be paid out their Cumulative Sick Leave credits, to a maximum of 6 months, at the highest pay rate of a Staff Sergeant in the year of retirement. (128.5% of Constable Salary plus 9% of Constable Salary)
Sample 1
Income Replacement Plan. (1) Each Member will be eligible to receive Short Term Disability Benefits and Long Term Disability Benefits in accordance with the terms and conditions set out in Schedule "A". (2) Effective 1 January 1991, "Cumulative Sick Leave" credits will be frozen at the current levels. Members must elect one of three options for payout of sick leave credits. At death the Member's beneficiary or estate shall be entitled, if applicable, to the sick leave payment remaining to the credit of the Member.
Sample 1

Related to Income Replacement Plan

  • Replacement of Key Personnel The Engineer must notify the State in writing as soon as possible, but no later than three business days after a project manager or other key personnel is removed from association with this contract, giving the reason for removal.

  • State Approval of Replacement Personnel The Engineer may not replace the project manager or key personnel without prior consent of the State. The State must be satisfied that the new project manager or other key personnel is qualified to provide the authorized services. If the State determines that the new project manager or key personnel is not acceptable, the Engineer may not use that person in that capacity and shall replace him or her with one satisfactory to the State within forty-five (45) days.

  • Card Replacement If you need to replace your Card for any reason, please contact us at 0-000-000-0000 to request a replacement Card. You will be required to provide personal information which may include your Card number, full name, transaction history, and similar information to help us verify your identity. There is a fee for replacing your Card. For information about the fee, please see the Schedule of Account Fees and Terms below.

  • Third Party Administrators for Defined Contribution Plans 2.1 The Fund may decide to make available to certain of its customers, a qualified plan program (the “Program”) pursuant to which the customers (“Employers”) may adopt certain plans of deferred compensation (“Plan or Plans”) for the benefit of the individual Plan participant (the “Plan Participant”), such Plan(s) being qualified under Section 401(a) of the Code and administered by TPAs which may be plan administrators as defined in the Employee Retirement Income Security Act of 1974, as amended. 2.2 In accordance with the procedures established in Schedule 2.1 entitled “Third Party Administrator Procedures,” as may be amended by the Transfer Agent and the Fund from time to time (“Schedule 2.1”), the Transfer Agent shall: (a) Treat Shareholder accounts established by the Plans in the name of the Trustees, Plans or TPAs, as the case may be, as omnibus accounts; (b) Maintain omnibus accounts on its records in the name of the TPA or its designee as the Trustee for the benefit of the Plan; and (c) Perform all Services under Section 1 as transfer agent of the Funds and not as a record-keeper for the Plans. 2.3 Transactions identified under Sections 1 and 2 of this Agreement shall be deemed exception services (“Exception Services”) when such transactions: (a) Require the Transfer Agent to use methods and procedures other than those usually employed by the Transfer Agent to perform transfer agency and recordkeeping services; (b) Involve the provision of information to the Transfer Agent after the commencement of the nightly processing cycle of the TA2000 System; or (c) Require more manual intervention by the Transfer Agent, either in the entry of data or in the modification or amendment of reports generated by the TA2000 System, than is normally required.

  • Benchmark Replacement Notwithstanding anything to the contrary herein or in any other Loan Document, if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior any setting of the then-current Benchmark, then (x) if a Benchmark Replacement is determined in accordance with clause (a) of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document and (y) if a Benchmark Replacement is determined in accordance with clause (b) of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or after 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Benchmark Replacement is provided to the Lenders without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document so long as the Administrative Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Lenders comprising the Required Lenders. If the Benchmark Replacement is Daily Simple SOFR, all interest payments will be payable on a quarterly basis.

  • Financial Services Compensation Scheme We are a participant in the Financial Services Compensation Scheme (the “FSCS”). As a retail client you may be eligible to claim compensation from the FSCS in certain circumstances if we, any approved bank, our nominee company or eligible custodian are in default. Most types of investment business are covered in full for the first £85,000 of any eligible claim. Not every investor is eligible to claim under this scheme: for further information please contact us, or the FSCS directly at xxx.xxxx.xxx.xx.

  • Emergency Replacement SAP may replace a Subprocessor without advance notice where the reason for the change is outside of SAP’s reasonable control and prompt replacement is required for security or other urgent reasons. In this case, SAP will inform Customer of the replacement Subprocessor as soon as possible following its appointment. Section 6.3 applies accordingly.

  • Flexible Working Arrangements In accordance with the Employment Relations Act 2000, an employee affected by family violence may request a short-term (two months or less) variation of their employment arrangements to assist the employee to deal with the effects of family violence.

  • Business Continuity Plan The Warrant Agent shall maintain plans for business continuity, disaster recovery, and backup capabilities and facilities designed to ensure the Warrant Agent’s continued performance of its obligations under this Agreement, including, without limitation, loss of production, loss of systems, loss of equipment, failure of carriers and the failure of the Warrant Agent’s or its supplier’s equipment, computer systems or business systems (“Business Continuity Plan”). Such Business Continuity Plan shall include, but shall not be limited to, testing, accountability and corrective actions designed to be promptly implemented, if necessary. In addition, in the event that the Warrant Agent has knowledge of an incident affecting the integrity or availability of such Business Continuity Plan, then the Warrant Agent shall, as promptly as practicable, but no later than twenty-four (24) hours (or sooner to the extent required by applicable law or regulation) after the Warrant Agent becomes aware of such incident, notify the Company in writing of such incident and provide the Company with updates, as deemed appropriate by the Warrant Agent under the circumstances, with respect to the status of all related remediation efforts in connection with such incident. The Warrant Agent represents that, as of the date of this Agreement, such Business Continuity Plan is active and functioning normally in all material respects.

  • Medical/Dental Expense Account The Employer agrees to allow insurance eligible employees to participate in a medical and dental expense reimbursement program to cover co- payments, deductibles and other medical and dental expenses or expenses for services not covered by health or dental insurance on a pre-tax basis as permitted by law or regulation, up to the maximum amount of salary reduction contributions allowed per calendar year under Section 125 of the Internal Revenue Code or other applicable federal law.

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