Regular Part-Time Employee Benefit Plan Sample Clauses

Regular Part-Time Employee Benefit Plan. Regular part-time employees are entitled to step increases; salary adjustments for their classification; deferred compensation (3.75% City and employee contribution) or CalPERS retirement benefits for employees exceeding the one thousand (1,000) hour per year minimum eligibility requirement; workers compensation insurance; holiday pay at four (4) hours per holiday; vacation and sick leave based upon a prorated share in which the employee's average work week bears to a forty (40) hour week; and monthly medical, dental, and vision premium contribution up to five hundred and fourteen dollars and forty-one cents ($514.41). On benefits, which require a monetary contribution by City, the employee may elect to receive such benefit by payment to City of his/her portion of the prorated share. Part-time employees shall further be evaluated by their supervisors in the same manner in which permanent, full-time employees are evaluated. Benefits provided shall be limited to those that the City selected carriers and providers make available to part-time employees.
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Regular Part-Time Employee Benefit Plan. Regular part-time employees are entitled to step increases; salary adjustments for their classification; deferred compensation (three and three quarters percent (3.75%) City and employee contribution) or CalPERS retirement benefits for employees exceeding the one thousand (1,000) hour per year minimum eligibility requirement; workers compensation insurance; holiday pay at five (5) hours per holiday; vacation and sick leave based upon a prorated share in which the employee's average work week bears to a forty (40) hour week; monthly medical at fifty percent (50%) of what the City contributes for full-time employees; and dental, and vision premiums fully paid by the City. On benefits, which require a monetary contribution by City, the employee may elect to receive such benefit by payment to City of their portion of the prorated share. Part- time employees shall further be evaluated by their supervisors in the same manner in which permanent, full-time employees are evaluated. Benefits provided shall be limited to those that the City selected carriers and providers make available to part- time employees.
Sample 1

Related to Regular Part-Time Employee Benefit Plan

  • Employee Benefit Plans Except as could not reasonably be expected to have a Material Adverse Effect, (a) Borrower, each of its Subsidiaries and each of their respective ERISA Affiliates are in compliance with all applicable provisions and requirements of ERISA and the Internal Revenue Code and the regulations and published interpretations thereunder with respect to each Employee Benefit Plan, and have performed all their obligations under each Employee Benefit Plan, (b) each Employee Benefit Plan which is intended to qualify under Section 401(a) of the Internal Revenue Code has received a favorable determination letter from the Internal Revenue Service indicating that such Employee Benefit Plan is so qualified and, to the knowledge of Borrower, nothing has occurred subsequent to the issuance of such determination letter which would cause such Employee Benefit Plan to lose its qualified status, (c) no liability to the PBGC (other than required premium payments), the Internal Revenue Service, any Employee Benefit Plan or any trust established under Title IV of ERISA has been or is expected to be incurred by Borrower, any of its Subsidiaries or any of their ERISA Affiliates, (d) no ERISA Event has occurred or is reasonably expected to occur and (e) except to the extent required under Section 4980B of the Internal Revenue Code or similar state laws, no Employee Benefit Plan provides health or welfare benefits (through the purchase of insurance or otherwise) for any retired or former employee of Borrower, any of its Subsidiaries or any of their respective ERISA Affiliates. The present value of the aggregate benefit liabilities under each Pension Plan sponsored, maintained or contributed to by Borrower, any of its Subsidiaries or any of their ERISA Affiliates (determined as of the end of the most recent plan year on the basis of the actuarial assumptions specified for funding purposes in the most recent actuarial valuation for such Pension Plan), did not exceed the then-current aggregate value of the assets of such Pension Plan by more than $150,000,000. As of the most recent valuation date for each Multiemployer Plan for which the actuarial report is available, the potential liability of Borrower, its Subsidiaries and their respective ERISA Affiliates for a complete withdrawal from such Multiemployer Plan (within the meaning of Section 4203 of ERISA), when aggregated with such potential liability for a complete withdrawal from all Multiemployer Plans, based on information available pursuant to Section 4221(e) of ERISA, is not more than $150,000,000. Except as could not reasonably be expected to have a Material Adverse Effect, Borrower, each of its Subsidiaries and each of their ERISA Affiliates have complied with the requirements of Section 515 of ERISA with respect to each Multiemployer Plan and are not in “default” (as defined in Section 4219(c)(5) of ERISA) with respect to payments to a Multiemployer Plan.

  • Regular Part-Time Employee A regular part-time employee is an employee hired to fill a posted part-time position and is regularly pre-scheduled to work.

  • Regular Part-Time Employees A regular part-time employee is one who works less than full-time on a regularly scheduled basis. Regular part-time employees accumulate seniority on an hourly basis and are entitled to all benefits outlined in this Collective Agreement. Regular part-time employees shall receive the same perquisites, on a proportionate basis, as granted regular full-time employees.

  • Defined Benefit Plan A plan under which a Participant’s benefit is determined by a formula contained in the plan and no Employee accounts are maintained for Participants.

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