Retirement Group Sample Clauses

Retirement Group. Resignation/Layoff Death Beneficiary: * non-job related * job related Personal Sickness and Accident Disability. 75% 50% 75% 100% A regular full-time employee or regular part-time employee on pro- rata basis will be eligible for Personal Sickness and Accident Disability benefits beginning with the sixth regular scheduled workday of absence upon presentation of a physician's certificate based on the following schedule: 6 months but less than 2 years: 6 wks. full pay 2 years but less than 5 years: 12 wks. full pay 5 years but less than 10 years: 20 wks. full pay 10 years but less than 15 years: 36 wks. full pay 15 years but less than 20 years: 48 wks. full pay 20 years +: 52 wks. full pay Short term disability payments are calculated using the net of Workers' Compensation benefits provided by an outside employer. An employee having grandfathered sick leave under the provisions of ARTICLE XVI, Section 2(f), Personal Sickness or Injury Leave, may utilize such accruals to supplement the provisions of ARTICLE XVI, Section 3, in the event the term of a disability exceeds the employee's eligibility schedule provided in this section. Maintaining eligibility for the term of the absence will require ongoing evidence that the employee is under the ongoing care of a physician and following an approved, recommended treatment program. Reinstatement from a disability absence will require a physician's certificate verifying the employee's fitness for work.
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Related to Retirement Group

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

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

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • RETIREMENT PICK-UP 257. For the term of this Agreement, the CITY shall pick up the full amount of the employees’ contribution to retirement.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • Group Registered Retirement Savings Plan 9.9.1 The College agrees to implement a group Registered Retirement Savings Plan for participation by employees. For regular employees who wish to participate in the Plan, the College agrees to contribute the total amount of the annual contribution by the fifteenth of the first month of the Benefit Year. The employee shall repay that contribution through payroll deduction in equal instalments throughout the Benefit Year.

  • Retirement Contribution The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications. Corrections Firearms Instructor Oil & Hazardous Material Responder I Oil & Hazardous Material Responder II

  • Retirement Fund The sum of $ 7.90, May 1, 2019 (May 1, 2020 $8.07; May 1, 2021 $ 8.24) per paid hour; ex- cept that Apprentices starting after April 30, 1997 will have this amount pro-rated in ac- cordance with their term level;

  • Retirement Gratuity 1. Those employees who, on August 31, 2012, were eligible for a retirement gratuity shall have their accumulated sick days vested as of that date, up to the maximum eligible under the retirement gratuity plan.

  • Post-Retirement Employment Unit members who retire from the University during the term of this Agreement may propose a post-retirement appointment of up to three years duration. During this post-retirement appointment, the total of retirement benefits and post-retirement salary paid by the University shall not exceed the salary paid at the time of retirement. The annual compensation received from the University for the post-retirement appointment shall not exceed fifty (50) percent of the annual salary at the time of retirement. The duties for a post-retirement appointment shall be defined and agreed to in writing by the bargaining unit member and the Employer/University Administration prior to the bargaining unit member's retirement. Such appointments are at the discretion of the Employer/University Administration and are subject to existing law and all rules and regulations of the State Retirement Board. The decision of the Employer/University Administration not to approve a proposal for a post-retirement appointment shall not be grievable under the Grievance and Arbitration Procedure, Article 7.

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