ISTRF Employee Contribution Sample Clauses

ISTRF Employee Contribution. The Board will make any contribution to the Indiana State Teacher’s Retirement Fund that would otherwise be required to be paid by the Superintendent.
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ISTRF Employee Contribution. In addition to the other considerations provided to the Elementary School Principal by this paragraph of this Contract, the Rossville Consolidated School District shall make the employee’s and the District’s contribution to the Indiana State Teachers Retirement Fund.
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ISTRF Employee Contribution. In addition to the other considerations provided to the Superintendent by this paragraph of this Contract, the Board shall make any contribution to the Indiana State Teachers’ Retirement Fund that would otherwise be required to be paid by the Superintendent. All payments to the Superintendent subject to federal income tax and the Superintendent’s contribution to the Indiana State Teachers Retirement Fund shall be included in the Superintendent’s salary for purposes of the Indiana State Teachers’ Retirement Fund.
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ISTRF Employee Contribution. Superintendent will be entitled to participate in the ISTRF plan and the Employer will make the 3% contribution to the ISTRF. All payments to the Superintendent coming within the definition of "annual compensation" as defined in Ind. Code 5-I0.2-4-3(d) as ofthe Effective Date shall be included in the Superintendent's compensation reported to the Indiana State Teacher's Retirement Fund ("ISTRF") for purposes of the calculation ofthe Superintendent's "average ofannual compensation" as defined at Ind. Code 5-I0.2-4-3(b) as of the Effective Date.
Sample 1
ISTRF Employee Contribution. In addition to the other considerations provided to the Superintendent by this Contract, the Board shall make contributions to the Indiana Public Retirement System on behalf of the Superintendent, beginning with the date of her hire. The contribution will be three percent (3%), and the Superintendent shall be one hundred percent (100%) vested in the Board’s contribution. All payments to the Superintendent subject to federal income tax and the Superintendent's contribution to the Indiana Public Retirement System shall be included in the Superintendent's salary for purposes of the Indiana Public Retirement System.
Sample 1
ISTRF Employee Contribution. In addition to the other considerations provided to the Superintendent by this paragraph of this Contract, the Board shall make any contribution to the Indiana State Teachers' Retirement Fund that would otherwise be required to be paid by the Superintendent in accordance with his date of hire. Ifthe date of hire is prior to July 1, 1995 the contribution will be three percent (3%). If the date of hire is on or after July 1, 1995 the contribution will be ten percent (10%). The date of hire is when the Superintendent was assigned a TRF retirement number. All payments to the Superintendent subject to federal income tax and the Superintendent's contribution to the Indiana State Teachers Retirement Fund shall be included in the Superintendent's salary for purposes of the Indiana State Teachers' Retirement Fund.
Sample 1
ISTRF Employee Contribution. In addition to the other considerations provided to the Superintendent by this Contract, the Board shall make contributions to the Superintendent’s 403(b) or 457(b) Plan the equivalent of any contributions the school corporation would have made to the Indiana State Teachers’ Retirement Fund, which includes three percent (3%) of the Superintendent’s annual base salary, as determined by INPRS’s General Counsel. All payments to the Superintendent subject to federal income tax and the Superintendent’s contribution to the Indiana State Teachers Retirement Fund shall be included in the Superintendent’s salary for purposes of the Indiana State Teachers’ Retirement Fund. This amount will increase by an additional $1,000 for each year following the first year of this contract unless the Superintendent is evaluated as “ineffective” or “needs improvement” on the prior year’s annual evaluation.
Sample 1
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ISTRF Employee Contribution. The Board will make the required minimum contribution to the Indiana State Teacher’s Retirement Fund, which is currently 10.5% of gross wages. In addition, the Board will purchase an additional year of credible service with Indiana Public Retirement System (“INPRS”) at the end of each school year beginning at the end of the 2018-2019 school year.
Sample 1

Related to ISTRF Employee Contribution

  • Employee Contribution Eligible employees shall contribute one percent (1%) of their salary on a per pay period basis to the HCSP.

  • Employee Contributions Any member of the bargaining unit who is hired on or after September 1, 2010 is eligible to make a voluntary contribution to the City=s Deferred Compensation Plan offered by Ameritas.

  • Voluntary Employee Contributions (i) Subject to the governing rules of the relevant superannuation fund, an employee may, in writing, authorise their employer to pay on behalf of the employee a specified amount from the post- taxation wages of the employee into the same superannuation fund as the employer makes the superannuation contributions provided for in Clause 24(b). (ii) An employee may adjust the amount the employee has authorised their employer to pay from the wages of the employee from the first of the month following the giving of three months’ written notice to their employer. (iii) The employer must pay the amount authorised under Clauses 24(d)(i) or 24(d)(ii) no later than 28 days after the end of the month in which the deduction authorised under Clauses 24(d)(i) or 24(d)(ii) was made.

  • Employee Compensation The wages, salaries and other compensation paid to employees who will be employed for the benefit of the Project, and to others who perform special services for the benefit of the Project, to the extent not otherwise paid through a Cash Management System, shall be paid by Owner from a Project Account pursuant to this Section 9.2. (a) All wages, salaries and other compensation paid to employees of the Project, including, but not be limited to, unemployment insurance, social security, worker's compensation, employee benefit packages and other charges imposed by a governmental authority or provided for in a union agreement, shall (a) as to employees of Manager or any Subcontractor, be reimbursed by Owner to Manager (or directly to the applicable Subcontractor, if requested by Manager) without profit or mark-up, and (b) as to employees of Owner, be paid directly by Owner. Xxnager shall coordinate all disbursements and deposits for all compensation and other amounts payable with respect to persons employed in connection with the operation of the Project from an appropriate Project Account. Manager shall maintain complete payroll records for all employees. (b) In addition to the employment of employees set forth on Schedule 3, Manager may, in its discretion, from time to time employ personnel of its general operations to perform direct special services for the benefit of the Project; provided, however, that Manager shall obtain the prior approval of Owner for the employment of such special personnel, except in emergency situations or when timing requirements do not allow for such prior approval. Owner shall reimburse Manager for such direct services rendered by special personnel in an amount commensurate with normal and customary charges for such services by similarly qualified persons. Persons whose compensation may not be charged to Owner for services rendered to the Project includes the general asset management personnel of Manager who are not on-site of the Project.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.

  • Overtime-Eligible Employees Employees who are covered by the overtime provisions of state and federal law.

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