Retirement Calculations Sample Clauses

Retirement Calculations. Tier I- 36 Consecutive Months - For employees hired prior to December 31, 2012 and in accordance with the City’s contract with CalPERS, the final compensation provision of Public Employees Retirement Law shall use your highest average full-time monthly pay rate for 36 consecutive months of employment. Tier II - Three (3) highest year average - For employees hired on or after January 1, 2013 the provision of Section 7522.32(a) of the Public Employees Retirement Law (three (3) consecutive years of employment) shall apply to safety members.
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Retirement Calculations. The percentage of final compensation to be provided for each year of credited prior and current service for Miscellaneous members of RSA shall be determined in accordance with Section 21354 of the Public Employees Retirement Law subject to the reduction provided therein for Federal Social Security (2% at age 55 Modified and Full).
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Retirement Calculations. 4 Retirement calculations are controlled by state law. The contribution and/or benefits shall be 5 controlled by state law. Percentage 2024 Hourly Premium Chart Deputy Step 1 Deputy Step 2 Deputy Step 3 Deputy Step 4 Deputy Step 5 Deputy Step 6 Sergeant Step 1 Sergeant Step 2 Sergeant Step 3 1 $0.43 $0.48 $0.52 $0.54 $0.57 $0.60 $0.66 $0.69 $0.72 2 $0.85 $0.96 $1.04 $1.09 $1.13 $1.19 $1.32 $1.38 $1.44 3 $1.28 $1.43 $1.56 $1.63 $1.70 $1.79 $1.99 $2.08 $2.16 4 $1.71 $1.91 $2.08 $2.18 $2.27 $2.39 $2.65 $2.77 $2.88 5 $2.13 $2.39 $2.60 $2.72 $2.84 $2.98 $3.31 $3.46 $3.61 6 $2.56 $2.87 $3.12 $3.27 $3.40 $3.58 $3.97 $4.15 $4.33 7 $2.98 $3.34 $3.64 $3.81 $3.97 $4.18 $4.64 $4.84 $5.05 8 $3.41 $3.82 $4.16 $4.35 $4.54 $4.78 $5.30 $5.53 $5.77 9 $3.84 $4.30 $4.68 $4.90 $5.11 $5.37 $5.96 $6.23 $6.49 10 $4.26 $4.78 $5.20 $5.44 $5.67 $5.97 $6.62 $6.92 $7.21 11 $4.69 $5.26 $5.72 $5.99 $6.24 $6.57 $7.29 $7.61 $7.93 12 $5.12 $5.73 $6.24 $6.53 $6.81 $7.16 $7.95 $8.30 $8.65 13 $5.54 $6.21 $6.76 $7.07 $7.37 $7.76 $8.61 $8.99 $9.37 14 $5.97 $6.69 $7.28 $7.62 $7.94 $8.36 $9.27 $9.68 $10.10 15 $6.39 $7.17 $7.80 $8.16 $8.51 $8.95 $9.94 $10.38 $10.82 16 $6.82 $7.64 $8.32 $8.71 $9.08 $9.55 $10.60 $11.07 $11.54 6 Section 5. Premiums: 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ADDENDUM B – 2023-2024 Sheriff’s Office Plan Designs Kaiser (HMO) Regence (AHN) Regence (PPO) In-Network Out-of- Network In-Network Out-of- Network Employee Plan Selection Fee $0 $0 $100.00 per employee per month DeductibleEmployee only/Family $0 $100/$300 $500/$1,500 $300/$900 Annual Out-of-Pocket Maximum (Deductible + Copay) Employee only/Family $1,000/$2,000 $900/$1900 $2,500/$5,500 $1,100/$2,500 $1,900/$4,100 Office Visit Copay/Coinsurance $20 copay $20 40% 15% 35% Inpatient Hospital Copay/Coinsurance $200 copay 10% 40% 15% 35% Emergency Room $100 (waived if admitted) $200 (waived if admitted); 10% coinsurance $200 (waived if admitted); 15% coinsurance Retail Prescription Drug (Mail 2x Copay) Copays apply to annual out-of-pocket maximum Out of pocket limit on Rx drugs: $1,500/$3,000 Out of pocket limit on Rx drugs: $1,500/$3,000 Generic $10 copay $5 copay $7 copay Brand Formulary $20 copay $25 copay $30 copay Non-Formulary $30 copay $75 copay $60 copay Monthly Benefit Access Fee (for Spouse/Domestic Partner who has access to their own employer’s coverage) $0 $0 $100 ADDENDUM B –Life, AD&D, Dental and Vision Summary Plan Designs 2022 Life • The basic life insurance policy is one times annua...
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Retirement Calculations. The percentage of final compensation to be provided for each year of credited prior and current service for Safety members covered by this MOU shall be determined as follows:
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Related to Retirement Calculations

  • Payment Calculation District shall pay Contractor at a rate of $ per . OR District shall pay Contractor as described in attached Exhibit A

  • PROCEDURES FOR SUPPLEMENTAL PAYMENT CALCULATIONS All calculations required by this Article VI, including but not limited to: (i) the calculation of the Applicant’s Stipulated Supplemental Payment Amount; (ii) the determination of both the Annual Limit and the Aggregate Limit; (iii) the effect, if any, of the Aggregate Limit upon the actual amount of Supplemental Payments eligible to be paid to the District by the Applicant; and (iv) the carry forward and accumulation of any of the Applicant’s Stipulated Supplemental Payment Amounts unpaid by the Applicant due to the Aggregate Limit in previous years, shall be calculated by the Third Party selected pursuant to Section 4.3.

  • Order of Benefit Determination Rules When a Member is covered by two or more plans, the rules for determining the order of benefit payments are as follows:

  • Overtime Pay Calculation Overtime shall not be claimed or received for less than fifteen (15) minutes. If overtime amounts to fifteen (15) minutes, or more, it shall be paid for the total period.

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one) ☐ - DO NOT have retirement plans. ☐ - HAVE retirement plans. The Couple has the following retirement plans: (“Retirement Plans”). Upon signing this Agreement, the Retirement Plans shall be owned by: (check one) ☐ - Husband ☐ - Wife ☐ - Both Spouses ☐ - Other. .

  • Retirement Savings 5.6.1 Principals are eligible to join a KiwiSaver scheme in accordance with the terms of those schemes.

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

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