Reduction Groupings Sample Clauses

Reduction Groupings. Teachers will be grouped for reduction purposes in one (1) of three (3) priority groupings based upon the Rubric, plus a probationary category if the law requires reduction of probationary employees first. The grouping boundaries will be determined by a committee consisting of two (2) Teachers appointed by the Association and two (2) administrators who will not be involved in scoring the Rubrics as designated by the Superintendent. The category boundaries will be held in strict confidence until all Rubrics are scored and submitted to Human Resources. It has been determined to be in the best interest of the students in the District for this policy to include consideration of the Teacher’s length of service within the District, and probationary and non-probationary status. The length of service and a Teacher’s status shall only be considered after merit has been determined by the significant factors as scored in the Rubric and Teachers have been placed into the three (3) priority groupings. All employees within an affected program area will be plotted on a schematic where the horizontal axis represents the Teacher's years of service in the District and the vertical axis represents the score on the jointly developed Rubric. Group A, B, and C Teachers will be determined by their placement on the schematic. Group A Teachers will include those falling within an arc of constant radius which is centered at the three-year point of the service axis and which intersects the service axis at a point determined by the committee set forth later in this paragraph. Group B Teachers will be those Teachers falling between the first arc and the second one drawn in like manner so that it is centered at the three-year service point but which intersects the service line at a further point determined by the committee. Group C employees will consist of all employees who are neither probationary or category A or B. Within an endorsement area, probationary employees will be reduced first if required by Colorado law. If there are no probationary employees, or if all probationary employees are reduced, the reductions will next be from Group A until it is exhausted. Once all Group A Teachers are gone, Group B Teachers will be reduced. Once all Group B Teachers are gone, reductions will be from Group C. The District can choose from among any Teachers within a category, based on program needs, if less than the total amount of the Teachers in the category are to be reduced.
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Related to Reduction Groupings

  • 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.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

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

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Contribution Formula - Basic Life Coverage For employee basic life coverage and accidental death and dismemberment coverage, the Employer contributes one-hundred (100) percent of the cost.

  • Cost Savings Developer shall work cooperatively with Architect, Construction Manager, subcontractors and District, in good faith, to identify appropriate opportunities to reduce the Project costs and promote cost savings. Any identified cost savings from the Guaranteed Maximum Price shall be identified by Developer, and approved in writing by the District. In the event Developer realizes a savings on any aspect of the Project, such savings shall be added to the Contingency and expended consistent with the Contingency. In addition, any portion of Allowance remaining after completion of the Project shall be added to the Contingency. If any cost savings require revisions to the Construction Documents, Developer shall work with the District and Architect with respect to revising the Construction Documents and, if necessary, obtaining the approval of DSA with respect to those revisions. Developer shall be entitled to an adjustment of Contract Time for delay in completion caused by any cost savings adopted by District pursuant to Exhibit D, if requested in writing before the approval of the cost savings.

  • Maximum Contribution The total amount you may contribute to an IRA for any taxable year cannot exceed the lesser of 100 percent of your compensation or $6,000 for 2019 and 2020, with possible cost- of-living adjustments each year thereafter. If you also maintain a Xxxx XXX (i.e., an IRA subject to the limits of Internal Revenue Code Section (IRC Sec.) 408A), the maximum contribution to your Traditional IRAs is reduced by any contributions you make to your Xxxx IRAs. Your total annual contribution to all Traditional IRAs and Xxxx IRAs cannot exceed the lesser of the dollar amounts described above or 100 percent of your compensation.

  • 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.

  • How Do I Correct an Excess Contribution? If you make a contribution in excess of your allowable maximum, you may correct the excess contribution and avoid the 6% penalty tax under Section 4973 of the Internal Revenue Code for that year by withdrawing the excess contribution and its earnings on or before the due date, including extensions, of the tax return for the tax year for which the contribution was made (generally October 15th). Any earnings on the withdrawn excess contribution may be subject to a 10% early distribution penalty tax if you are under age 59½. In addition, in certain cases an excess contribution may be withdrawn after the time for filing your tax return. Finally, excess contributions for one year may be carried forward and applied against the contribution limitation in succeeding years.

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