PENSION REPORTABILITY Sample Clauses

The Pension Reportability clause defines the requirements for reporting pension contributions or benefits to relevant authorities or stakeholders. Typically, this clause outlines the types of pension-related information that must be disclosed, the frequency and format of such reports, and the parties responsible for ensuring compliance. For example, it may require employers to submit annual statements detailing employee pension contributions to a government agency. The core function of this clause is to ensure transparency and regulatory compliance in the management and reporting of pension plans, thereby reducing the risk of legal or financial penalties.
PENSION REPORTABILITY. The District has determined the following with respect to Teachers’ Retirement System (“TRS”) reporting [Mark applicable paragraph(s) with an “X”]: X a. NOT REPORTABLE. The Services are NOT reportable to TRS because: i. The Services do not require licensure under the laws pertaining to the licensure/certification of teachers or other staff under the School Code. _X ii. The Services are exempt from TRS reporting as contracted bilingual evaluation services under Section 14-6.04 of the School Code and TRS will be notified of the individuals providing such services.
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PENSION REPORTABILITY. The District has determined the following with respect to Teachers’ Retirement System (“TRS”) reporting [Mark applicable paragraph(s) with an “X”]: a. NOT REPORTABLE. The Services are NOT reportable to TRS because: i. The Services do not require licensure under the laws pertaining to the licensure/certification of teachers or other staff under the School Code. ii. The Services are exempt from TRS reporting as contracted Speech-Language Pathology services under Section 14-6.04 of the School Code and TRS will be notified of the individuals providing such services. iii. The Services do require licensure under the School Code, but Contractor is retired from TRS and the provision of Services will not cause Contractor to exceed TRS post-retirement employment limitations.
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PENSION REPORTABILITY. It is the understanding of the Parties that the individuals performing Services under this Agreement are not eligible to participate in the Teachers’ Retirement System (“TRS”) or the Illinois Municipal Retirement Fund (“IMRF”) because they
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PENSION REPORTABILITY. It is the understanding of the Parties that the individuals performing Services under this Agreement are not eligible to participate in the Teachers’ Retirement System (“TRS”) or the Illinois Municipal Retirement Fund (“IMRF”) because they 1) do not hold an educator license, and/or 2) are not employees of the District and do not individually hold independent contractor agreements directly with the District, and/or 3) are working for the District under an agreement with and are employed by a recruiting firm for the provision of substitute teacher services within the meaning of Section 2-3.173 of the School Code. If the services to be provided by Contractor constitute substitute teaching services, the Contractor affirms that it will have an employment relationship with those teachers rather than an independent contractor arrangement.
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Related to PENSION REPORTABILITY

  • Portability (a) Employees are able to maintain their participation in the scheme should they transfer their employment between Catholic schools or to the Catholic Education Office. (b) The employee is obliged to notify the principal prior to appointment of their participation in the Deferred Salary Scheme and the date that leave is due to be taken. (c) Participation in the Deferred Salary Scheme shall not impede an application for employment in a Catholic school.

  • Health Insurance Portability and Accountability Act Grantee certifies that it is in compliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA), Public Law ▇▇. ▇▇▇-▇▇▇, ▇▇ ▇▇▇ Parts 160, 162 and 164, and the Social Security Act, 42 USC 1320d-2 through 1320d-7, in that it may not use or disclose protected health information other than as permitted or required by law and agrees to use appropriate safeguards to prevent use or disclosure of the protected health information. Grantee shall maintain, for a minimum of six (6) years, all protected health information.

  • National Environmental Policy Act All subrecipients must comply with the requirements of the National Environmental Policy Act (NEPA) 42 U.S.C. 4321 et seq., and the Council on Environmental Quality (CEQ) Regulations (40 C.F.R. Parts 1500-1508) for Implementing the Procedural Provisions of NEPA, which requires Subrecipients to use all practicable means within their authority, and consistent with other essential considerations of national policy, to create and maintain conditions under which people and nature can exist in productive harmony and fulfill the social, economic, and other needs of present and future generations of Americans.

  • ERISA Compliance The Company and any “employee benefit plan” (as defined under the Employee Retirement Income Security Act of 1974, as amended, and the regulations and published interpretations thereunder (collectively, “ERISA”)) established or maintained by the Company or its “ERISA Affiliates” (as defined below) are in compliance in all material respects with ERISA. “ERISA Affiliate” means, with respect to the Company, any member of any group of organizations described in Sections 414(b),(c),(m) or (o) of the Internal Revenue Code of 1986, as amended, and the regulations and published interpretations thereunder (the “Code”) of which the Company is a member. No “reportable event” (as defined under ERISA) has occurred or is reasonably expected to occur with respect to any “employee benefit plan” established or maintained by the Company or any of its ERISA Affiliates. No “employee benefit plan” established or maintained by the Company or any of its ERISA Affiliates, if such “employee benefit plan” were terminated, would have any “amount of unfunded benefit liabilities” (as defined under ERISA). Neither the Company nor any of its ERISA Affiliates has incurred or reasonably expects to incur any material liability under (i) Title IV of ERISA with respect to termination of, or withdrawal from, any “employee benefit plan” or (ii) Sections 412, 4971, 4975 or 4980B of the Code. Each “employee benefit plan” established or maintained by the Company or any of its ERISA Affiliates that is intended to be qualified under Section 401(a) of the Code is so qualified and, to the knowledge of the Company, nothing has occurred, whether by action or failure to act, which would cause the loss of such qualification.

  • Employee Plan Compliance (i) The Company has performed in all material respects all obligations required to be performed by it under, is not in default or violation of, and has no knowledge of any default or violation by any other party with respect to each Company Employee Plan, and each Company Employee Plan has been established and maintained in all material respects in accordance with its terms and in compliance with all applicable laws, statutes, orders, rules and regulations, including but not limited to ERISA or the Code; (ii) each Company Employee Plan intended to qualify under Section 401(a) of the Code and each trust intended to qualify under Section 501(a) of the Code has either received a favorable determination, opinion, notification and/or advisory letter, as applicable, from the IRS with respect to each such Company Employee Plan as to its qualified status under the Code, including all amendments to the Code effected by the Tax Reform Act of 1986 and subsequent legislation, or has a remaining period of time under applicable Treasury regulations or IRS pronouncements in which to apply for such a letter and make any amendments necessary to obtain a favorable determination as to the qualified status of each such Company Employee Plan; (iii) no "prohibited transaction" within the meaning of Section 4975 of the Code or Sections 406 and 407 of ERISA, and not otherwise exempt under Section 4975 of the Code or Section 408 of ERISA (or any administrative class exemption issued thereunder), has occurred with respect to any Company Employee Plan; (iv) there are no actions, suits or claims pending, or, to the knowledge of Company, threatened or anticipated (other than routine claims for benefits) against any Company Employee Plan or against the assets of any Company Employee Plan; (v) except as disclosed on the Company Disclosure Schedule each Company Employee Plan can be amended, terminated or otherwise discontinued after the Effective Time, without material liability to Company, Parent or any of its Affiliates (other than ordinary administration expenses); (vi) there are no audits, inquiries or proceedings pending or, to the knowledge of Company or any Affiliates, threatened by the IRS or DOL with respect to any Company Employee Plan; and (vii) neither Company nor any Affiliate is subject to any penalty or tax with respect to any Company Employee Plan under Section 502(i) of ERISA or Sections 4975 through 4980 of the Code.