July 3, 2016 - Salary/PERS Exchange Sample Clauses

July 3, 2016 - Salary/PERS Exchange. Effective July 3, 2016, the salary ranges for those classifications covered by this MA as listed in Exhibit D will receive a salary increase of one percent (1.0%) (and shown in Exhibit E) contingent upon each employee, both Classic and New Members as defined by PEPRA, paying one and one-quarter percent (1.25%) toward the employer share of pension through a 20516 CalPERS amendment that allows such contributions as pre-tax as set forth in Section 37.10.1 (Classic MembersPension Contribution through 20516 a Contract Amendment) and Section 37.10.11 (New Members’ Pension Contribution through 20516 a Contract Amendment). The parties agree that the pension contribution by employees and salary increase by the City under this Section is cost neutral.
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Related to July 3, 2016 - Salary/PERS Exchange

  • Deferred Salary Scheme Employees may apply to have their salary payments deferred in accordance with the provisions of this clause.

  • Deferred Salary Leave Plan 1. The Board shall administer a Deferred Salary Leave Plan as determined by a separate agreement.

  • Salary/Wages Grantee shall list personnel involved, position classification, direct salary rates, and hours spent on the Project in accordance with Attachment 3, Grant Work Plan in their documentation for reimbursement or match requirements.

  • Current Salary Level An employee who accepts another position with his or her current salary range will retain his or her current salary.

  • Protected Salary Rates A. The Employer shall continue the current salary rate protection program for the duration of this Agreement.

  • Reallocation to a Class with an Equal Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position, the employee remains in the position and retains existing appointment status.

  • SALARY STEP PLAN AND SALARY ADJUSTMENTS 198. Appointments to positions in the City and County Service shall be at the entrance rate established for the position except as otherwise provided herein.

  • Deferred Salary Leave Each employer ratifying this Agreement will establish or, as necessary, review and update a deferred salary leave plan consistent with Regulations issued by Canada Revenue Agency under the Income Tax Act. The parties may use the Application, Agreement, and Approval Form as a template (see Appendix H) for the deferred salary leave plan.

  • Lower Salary Level An employee who accepts another position with a lower salary range will be paid an amount equal to his or her current salary, provided it is within the salary range of the new position. In those cases where the employee’s current salary exceeds the maximum amount of the salary range for the new position, the employee will be compensated at the maximum salary of the new salary range.

  • How Are Contributions to a Xxxxxxxxx Education Savings Account Reported for Federal Tax Purposes? Contributions to a Xxxxxxxxx Education Savings Account are reported on IRS Form 5498-ESA.

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