Common use of Residency Stipend Clause in Contracts

Residency Stipend. In the interest of supporting employees who choose to live in close proximity to the District for faster response in an emergency, the District will provide all unit members who live within a 30 mile radius of 000 Xxxxxxxxxxx Xxxx, Xxxxx Xxxx, XX 00000 a $250 per month stipend. Such stipend will be included when calculating the employee’s regular rate of pay for overtime pay, but will not be reported as compensation for purposes of pension benefits.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Residency Stipend. In the interest of supporting employees who choose to live in close proximity to the District for faster response in an emergency, the District will provide all unit members who live within a 30 mile radius of 000 Xxxxxxxxxxx Xxxx, Xxxxx Xxxx, XX 00000 the following benefit: Effective 1/09/2017: a $250 per month stipend. stipend Such stipend will not be included when calculating the employee’s regular rate of pay for overtime pay, but butand will not be reported as compensation for purposes of pension benefits.

Appears in 1 contract

Samples: Memorandum of Understanding

Residency Stipend. In the interest of supporting employees who choose to live in close proximity to the District for faster response in an emergency, the District will provide all unit members who live within a 30 mile radius of 000 Xxxxxxxxxxx Xxxx, Xxxxx Xxxx, XX 00000 a the following benefit: Effective 1/09/2017: $250 per month stipend. stipend Such stipend will not be included when calculating the employee’s regular rate of pay for overtime pay, but and will not be reported as compensation for purposes of pension benefits.

Appears in 1 contract

Samples: Memorandum of Understanding

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Residency Stipend. In the interest of supporting employees who choose to live in close proximity to the District for faster response in an emergency, the District will provide all unit members who live within a 30 mile radius of 000 Xxxxxxxxxxx Xxxx, Xxxxx Xxxx, XX 00000 a the following benefit: Effective 1/09/2015 $100 month stipend Effective 1/09/2016 $200 month stipend Effective 1/09/2017 $250 per month stipend. stipend Such stipend will not be included when calculating the employee’s regular rate of pay for overtime pay, but and will not be reported as compensation for purposes of pension benefits.

Appears in 1 contract

Samples: Memorandum of Understanding

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