Reportable Compensation Sample Clauses

Reportable Compensation. ESBOCES is responsible for reporting compensation to the NYS Comptroller for individuals who are, or ever have been, members of any NYS/NYC Retirement System. In order to determine whether earnings pursuant to this contract are reportable, all Contractors and each individual providing services pursuant to this contract must complete the NYS/NYC Retirement System Status Form annexed to and incorporated into this contract. Independent Contractor Status The Contractor is an independent contractor retained only for the purpose and to the extent set forth in this contract. The Contractor shall not have employee status with ESBOCES and shall not be entitled to participate in its retirement program(s), health insurance benefits, workers’ compensation insurance, unemployment insurance, disability insurance, social security, or other benefits granted to ESBOCES employees. Further, Contractor, by virtue of his/her/its independent contractor status, shall under no circumstance constitute an employee of ESBOCES for purposes of the Affordable Care Act, shall not be entitled to any subsidy or credit in connection with this engagement, and agrees that if ESBOCES were to be assessed a penalty related to this engagement, Contractor will indemnify ESBOCES for any said penalty or related penalty. Federal and State Requirements ESBOCES will report payments made to the Contractor pursuant to this contract in accordance with Federal and State income tax requirements. The Contractor is solely responsible for the payment of Federal and State income taxes, or any other taxes, applicable to payments received under this contract. Disclosure Form The Contractor must complete and submit to ESBOCES the Disclosure Form annexed to and incorporated into this contract.
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Reportable Compensation. The Parties hereby agree that the Board makes no representations regarding the reportable compensation status with respect to any compensation received by the Chief Officer pursuant to the terms of this Contract. Any and all determinations regarding reportable compensation, service credit, and related IMRF issues shall be made by IMRF and, where applicable, a court of competent jurisdiction.
Reportable Compensation. Holiday Pay As long as it is allowable by XxxXXXX, Holiday pay will be reported for safety members who work in positions that require scheduled staffing without regard to holidays. If the member is paid over and above the normal salary when a holiday is worked, the additional amount will be reported separately to CalPERS as special compensation.
Reportable Compensation. Notwithstanding anything to the contrary in this Agreement, no employee shall receive salary or compensation (as defined below) in excess of six percent (6%) over the prior contract year. For purposes of this provision, salary or compensation is as defined by TRS regulations and shall include, but shall not be limited to, base salary, salary schedule lane and step placements, extra-duty stipends, payment for extended work-year duties and other activities, or any other benefit that would constitute TRS reportable salary or compensation if the employee were a TRS member. This provision is applicable to all employees covered by this agreement, regardless of whether they participate in TRS.
Reportable Compensation. ESBOCES is responsible for reporting compensation to the NYS Comptroller for individuals who are, or ever have been, members of any NYS/NYC Retirement System. In order to determine whether earnings pursuant to this contract are reportable, all Contractors and each individual providing services pursuant to this contract must complete the NYS/NYC Retirement System Status Form annexed to and incorporated into this contract. Independent Contractor Status The Contractor is an independent contractor retained only for the purpose and to the extent set forth in this contract. The Contractor shall not have employee status with ESBOCES and shall not be entitled to participate in its retirement program(s), health insurance benefits, workers’ compensation insurance, unemployment insurance, disability insurance, social security, or other benefits granted to ESBOCES employees. Further, Contractor, by virtue of his/her/its independent contractor status, shall under no circumstance constitute an employee of ESBOCES for purposes of the Affordable Care Act, shall not be entitled to any subsidy or credit in connection with this engagement, and agrees that if ESBOCES were to be assessed a penalty related to this engagement, Contractor will indemnify ESBOCES for any said penalty or related penalty.

Related to Reportable Compensation

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Additional Compensation Notwithstanding anything in this Memorandum of Understanding to the contrary when in the judgment of the Board, it becomes necessary or desirable to utilize the services of County employees in capacities other than those for which they are regularly employed, the Board may authorize and, if appropriate, fix an additional rate of compensation for such employees.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

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