Prorated Benefits Clause Samples
The Prorated Benefits clause defines how benefits are calculated and distributed proportionally based on the period of service or eligibility. In practice, this means that if an employee or party is entitled to certain benefits but does not complete the full term or period required, they will receive a portion of those benefits corresponding to the time actually served. This clause ensures fairness by aligning benefit entitlements with actual participation, preventing overpayment or underpayment when full conditions are not met.
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Prorated Benefits. Except as otherwise specified, part time teachers shall receive a prorated portion of all benefits applicable to full time teachers.
Prorated Benefits. 38 New employees shall earn a prorated share of the annual benefit allowance. The 39 prorated share will be one-twelfth (1/12) of the annual benefit allowance per month from 40 the date the employee qualifies for benefits until the end of the month preceding the first 41 qualifying month of the next school year.
Prorated Benefits. Employees who are hired for the school term but do not perform services for seven (7) hours as defined in Article IV, Section 4.1B of this agreement shall receive all the benefits of this contract on a prorated basis.
Prorated Benefits. Leave of Absence Personnel and Regular Substitutes will be eligible for Leave and Supplemental Benefits on a prorated basis once the member whose position they are temporarily filling is no longer eligible for benefits.
Prorated Benefits. Part-time teachers and nurses, excluding substitutes, shall receive sick and personal benefits on a prorated basis.
Prorated Benefits. The term “
Prorated Benefits. For any period for which a Short Term Disability Benefit is payable that does not extend through a full week, the benefit will be paid on a prorated basis. The rate will be 1/7th per day for such period of Total Disability. The Monthly Benefit will cease on the earliest of:
Prorated Benefits. Regular full-year employees working less than 40 hours but not less than 20 hours per week will have benefits prorated based on 2,080 annual hours. Regular school-year employees working less than 40 hours, but not less than 20 hours per week, will have benefits prorated based on 1,456 annual hours. Hours worked for this calculation will be based on the greater of the prior year’s actual hours worked or the current year’s scheduled hours. All employees hired after June 30, 2002 under this classification will have the proration of benefits based on 2,080 annual hours. Anyone employed (including subs) prior to July 1, 2002 will be grandfathered in under the existing 1,456 hour proration. Employees working less than 20 hours per week are not eligible for these benefits.
Prorated Benefits. A permanent or probationary employee hired or placed into a part-time position after ratification of the 1996-97 contract will receive prorated holidays and personal leave under this Agreement. After completion of four hundred eighty nine (489) hours paid at straight time, the proration of benefits will be determined in the following manner: In the first incomplete calendar year, the four hundred eight nine (489) hours will be divided by the number of pay periods to determine the average hours per pay period. The average hours per pay period will be divided by eighty (80) to determine the percentage of proration for the remaining months of the calendar year. In the first complete calendar year, the number of straight time hours paid will be divided by the number of pay periods worked in the preceding year to determine the average number of hours paid per pay period. The average number of hours paid per pay period will be divided by eighty (80) to determine the percentage of proration. Annually, thereafter, straight time hours paid in the preceding year will be used to determine the percentage of proration. An employee hired prior to ratification of the 1996-1997 contract will continue to be subject to the eligibility requirements previously in effect, including the one thousand (1,000) hour rule so long as the employee remains in a full-time position or in the part-time position the employee occupied at the time of ratification of the 1996-1997 agreement.
Prorated Benefits. Paid leave benefits will be prorated based on the provisions of Section 9.1.2.