Retirement Guidelines Sample Clauses

Retirement Guidelines. The Early Retirement Option set forth below will be offered to employees every year during the length of the contract. Employees who have reached age fifty five (55) and who have at least eight (8) years of service with IMRF and the district and have not received retirement benefits from the district previously as a certified employee may opt to take this Early Retirement Option. Request to take advantage of the Early Retirement Option must be submitted, in writing, to the Human Resources Department by the first Board meeting in January prior to the 3rd, 2nd or 1st year of retirement. A. For those employees who qualify and give the Board an irrevocable written notice of retirement by the first Board meeting in January three (3) years prior to the year of retirement, the Board and/or its designee shall pay him/her a 6% retirement incentive, inclusive of all other increases in IMRF creditable compensation, for each of his/her remaining three (3) years of service, less compensation for any services not rendered. B. If an employee gives the Board and/or its designee an irrevocable written notice of retirement by the first Board meeting in January two (2) years prior to the year of retirement, the Board and/or its designee shall pay him/her a 6% retirement incentive, inclusive of all other increases in IMRF creditable compensation, for each of his/her remaining two (2) years of service, less compensation for any services not rendered. C. If an employee gives the Board and/or its designee an irrevocable written notice of retirement by the first Board meeting in January one (1) year prior to the year of retirement, the Board and/or its designee shall pay him/her a 6% retirement incentive, inclusive of all other increases in IMRF creditable compensation, for his/her remaining one (1) year of service, less compensation for services not rendered. 1. Once an employee submits an irrevocable written notice of retirement before the first Board meeting in January as provided above, the employee’s salary shall be adjusted to reflect the six percent (6%) maximum. All calculations for increased IMRF creditable earnings will be based on the IMRF creditable earnings in the year prior to the submission of the irrevocable written notice of retirement, less compensation for services not rendered. Once the employee submits an irrevocable written notice of retirement, in no case will the employee’s IMRF creditable earnings increase exceed six (6%) of the previous year. 2. If, afte...
Sample 1
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Retirement Guidelines. Individuals who retire on or before 6/30/ 2028 and who have completed 15 years of service to Frewsburg Central School District are permitted to use up to two hundred fifteen (215) days of accumulated sick/personal days to acquire health insurance in retirement. The maximum accumulated is two hundred thirty
Sample 1
Retirement Guidelines. Lessees have developed Retirement Guidelines, after consulting with and addressing comments from the Nation, which Retirement Guidelines are attached hereto as Exhibit C. The Parties acknowledge and agree that the Retirement Guidelines have been prepared to document the key requirements and procedures for, and shall govern, the NGS Retirement, NGS Site Remediation and Transmission Removal and Remediation, and to serve as the basis for the preparation of a more comprehensive NGS Retirement Plan based on said guidelines. The Retirement Guidelines shall also serve as the basis for the preparation of a more comprehensive retirement plan related to Transmission Removal and Remediation, which shall be developed at a reasonable time prior to the retirement, removal and remediation activities related to Tract B. The Retirement Guidelines as implemented by and through the NGS Retirement Plan for NGS and the NGS Site shall exclusively define and govern the removal of improvements, restoration and resulting condition of the surface of the Leased Premises, as said improvements and surface of the Leased Premises existed on the Effective Date. “Surface” is used in its most comprehensive sense including all topography, grade, contours, condition, surface, subsurface, and other like terms and concepts. The Parties agree that the coal combustion residuals and related material located in the Ash Landfill shall remain within said existing Ash Landfill and closed in place, and the area shall remain fenced for the time period required by Applicable Law. The existing solid waste landfill and pond solids shall be closed in place and capped. In addition, Lessees shall restore and, if warranted, remediate the NGS Site consistent with the Retirement Guidelines. The Nation may monitor and confirm that the Retirement Guidelines and the then-current NGS Retirement Plan are being followed. Lessees shall use commercially reasonable efforts to cause the NGS Retirement to be implemented and executed in accordance with the NGS Retirement Plan.
Sample 1

Related to Retirement Guidelines

  • Investment Guidelines In addition to the information to be provided to the Sub-Advisor under Section 2 hereof, the Trust or the Advisor shall supply the Sub-Advisor with such other information as the Sub-Advisor shall reasonably request concerning the Fund’s investment policies, restrictions, limitations, tax position, liquidity requirements and other information useful in managing the Fund’s investments.

  • General Guidelines Conduct yourself in a responsible manner at all times in the laboratory.

  • Hot Weather Guidelines For the purposes of site based discussions regarding the need to plan and perform work during expected periods of hot weather, the following issues shall be considered in conjunction with proper consideration of Occupational Health and Safety issues.

  • Stock Ownership Guidelines Executive will comply with all stock ownership and stock retention guidelines or policies established by the Board and the Committee, as in effect from time to time.

  • Applicable Guidelines The Sentencing Guidelines to be considered in this case are those in effect at the time of sentencing. The following statements regarding the calculation of the Sentencing Guidelines are based on the Guidelines Manual currently in effect, namely the November 2011 Guidelines Manual.

  • Retirement Program Any employee employed prior to October 1, 1977, working at least seventy (70) hours per month shall by law be a member of the Washington Public Employees Retirement system (PERS) Plan One. Any employee working at least seventy (70) hours per month, entering employment on or after October 1, 1977, shall by law be a member of the School Employees Retirement System, Plan Two or Three. The District shall provide each new employee information concerning PERS or SERS membership benefits.

  • Retirement System The withdrawal of employee contributions made on or after January 1, 2014 may also be withdrawn but only on an actuarially neutral basis. The actuarial present value of the pension reduction shall be equal to the amount of accumulated member contributions withdrawn. The actuarial present value shall computed using the interest rate used in the annual actuarial valuation and the mortality table used in the annual actuarial valuation with a 50% unisex blend.

  • Retirement Plans (a) In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (“Qualified Plans”) (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, Transfer Agent shall provide the following administrative services: (i) Establish a record of types and reasons for distributions (i.e., attainment of eligible withdrawal age, disability, death, return of excess contributions, etc.); (ii) Record method of distribution requested and/or made; (iii) Receive and process designation of beneficiary forms requests; (iv) Examine and process requests for direct transfers between custodians/trustees, transfer and pay over to the successor assets in the account and records pertaining thereto as requested; (v) Prepare any annual reports or returns required to be prepared and/or filed by a custodian of a Retirement Plan, including, but not limited to, an annual fair market value report, Forms 1099R and 5498; and file same with the IRS and provide same to Participant/Beneficiary, as applicable; and (vi) Perform applicable federal withholding and send Participants/Beneficiaries an annual TEFRA notice regarding required federal tax withholding. (b) Transfer Agent shall arrange for PFPC Trust Company to serve as custodian for the Retirement Plans sponsored by a Fund. (c) With respect to the Retirement Plans, Transfer Agent shall provide each Fund with the associated Retirement Plan documents for use by the Fund and Transfer Agent shall be responsible for the maintenance of such documents in compliance with all applicable provisions of the Code and the regulations promulgated thereunder.

  • Company Policies and Procedures 7.1.1 The Company will ensure that Employees are able to readily access Company policies and procedures that apply to the Employees. 7.1.2 The Employees will observe and act in accordance with Company policies and procedures that apply to the Employees, as implemented and amended from time to time.

  • Guidelines The Office of State Procurement adheres to all guidelines set forth by the State and Federal Government concerning The Americans with Disabilities Act (ADA) as well as all mandated fire codes.

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