RHS Plan Sample Clauses

RHS Plan. The City agrees to provide a Retiree Health Savings Plan (RHS) to allow eligible employees the ability to provide some funding for retiree health care costs with eligible unused sick and vacation leave payments. The tax treatment of such a plan requires mandatory employee participation and the Union agrees its members will fund this plan as follows: 100 percent of eligible unused sick and vacation leave payments received at the time of retirement or separation. The City shall control and manage the operation and administration of the plan. Employees eligible for participation include any member with at least 15 years of service upon separation or retirement.
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RHS Plan. An employee who retires from the City of Xxxxxx after January 1, 1989, shall be entitled to participate in the City sponsored medical plan and the City shall contribute up to a maximum of ninety-eight dollars ($98.00) per month toward the premium for employee only coverage under the City sponsored medical plans. As a result of the City contracting for CalPERS medical insurance pursuant to PEMHCA provisions effective October 1, 2012, the following revisions to this Section shall change as follow:
RHS Plan. The City of Sioux Falls agrees to provide a Retiree Health Savings (RHS) Plan to allow employees who retire and are eligible for benefits from the Employee’s Retirement System, Police Division, the ability to provide some funding for retiree health costs with eligible unused sick and vacation leave payments at the time of retirement. The tax treatment of such a plan requires mandatory employee participation, and the Union agrees its members will fund this plan as follows: 100 percent of eligible unused sick and vacation leave payments received at the time of retirement. The City of Sioux Falls shall control and manage the operation and administration of the plan in accordance with federal law and IRS regulations. City of Sioux Falls Police Pay Grades Effective 01/11/2021 Effective 01/10/2022 Effective 01/09/2023 -1- -2- -3- -4- -5- -6- -7- -8- -9- 850 2021 26.62 27.99 29.39 30.77 32.17 33.58 34.99 36.38 37.77 2022 27.68 29.11 30.57 32.00 33.46 34.92 36.39 37.84 39.28 2023 28.37 29.84 31.33 32.80 34.30 35.79 37.30 38.79 40.26 855 2021 40.60 42.05 43.53 2022 42.22 43.73 45.27 2023 43.28 44.82 46.40 Sioux Falls F.O.P. Lodge #1—L.C.‌ Step 1. An aggrieved employee must print, sign, and deliver the written grievance on the approved grievance form to department administration within 30 calendar days following the aggrieved action. The grievance shall contain a statement of the facts, the provision or provisions of the Contract, or working condition of employment which is alleged to have been violated and the relief requested. Step 2. Upon receipt of a timely filed grievance, management shall have 15 business days (i.e., Monday through Friday) to file a written response. Step 3. A conference will be scheduled between the aggrieved employee, a management representative, and at the discretion of the aggrieved employee, a Union representative may be present for this conference. The conference shall be scheduled within 15 business days of receipt of the employee’s denial response in Step 2, or at an agreed-upon time between the aggrieved employee and management. Step 4. Failing settlement at the conference level, the matter may be appealed to the Department of Labor pursuant to SDCL 3-18-15.
RHS Plan. The City of Sioux Falls agrees to provide a Retiree Health Savings (RHS) Plan to allow employees who retire and are eligible for benefits from the Employee’s Retirement System, Police Division, the ability to provide some funding for retiree health costs with eligible unused sick and vacation leave payments at the time of retirement. The tax treatment of such a plan requires mandatory employee participation, and the Union agrees its members will fund this plan as follows: 100 percent of eligible unused sick and vacation leave payments received at the time of retirement. The City of Sioux Falls shall control and manage the operation and administration of the plan in accordance with federal law and IRS regulations. City of Sioux Falls Police Pay Grades Effective 01/14/2019 Effective 01/13/2020 -1- -2- -3- -4- -5- -6- -7- -8- -9- Sioux Falls F.O.P. Lodge #1—L.C.‌ Step 1. An aggrieved employee must print, sign, and deliver the written grievance on the approved grievance form to department administration within 30 calendar days following the aggrieved action. The grievance shall contain a statement of the facts, the provision or provisions of the Contract, or working condition of employment which is alleged to have been violated and the relief requested. Step 2. Upon receipt of a timely filed grievance, management shall have 15 business days (i.e., Monday through Friday) to file a written response. Step 3. A conference will be scheduled between the aggrieved employee, a management representative, and at the discretion of the aggrieved employee, a Union representative may be present for this conference. The conference shall be scheduled within 15 business days of receipt of the employee’s denial response in Step 2, or at an agreed-upon time between the aggrieved employee and management. Step 4. Failing settlement at the conference level, the matter may be appealed to the Department of Labor pursuant to SDCL 3-18-15.

Related to RHS Plan

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

  • Meal Plan 18. Residents are required to purchase a meal plan for both semesters. Refer to xxx.xxxxxxxx.xx/xxxx for details on meal plan rates. Residents may contract for a meal plan of a higher value than stipulated in the fee schedule. 19. The meal plan may only be used to purchase food and beverages at Food Service outlets designated by the University. Meal plans cannot be used to purchase alcohol or gift certificates from any of our Off Campus Partners or to pay any other fees owed to the University of Windsor. 20. Selling of unused meal plan money is not permitted. 21. The University accepts no liability for lost, misplaced or stolen student cards and reserves the right to confiscate without recourse, any student card which bears evidence of alterations. 22. Any unused balance remaining in the meal plan accounts of the Resident on the termination date of this Agreement, will be subject to the University of Windsor Meal Plan Carry-Forward Policy. 23. Residents may add money to their meal plan at the Food Services office, J01 in Vanier Hall or the UwinCard Office in the CAW Student Centre (lower level). 24. The meal plan account is HST exempt on most purchases made at Food Service outlets on campus, except on taxable items at the Bru in Alumni Hall or with our Off Campus Partners. This is a current meal plan tax policy and is subject to change in accordance with provincial or federal legislation. 25. Meal plan fees or hours of operation are subject to change as deemed necessary or when due to circumstances beyond Food Services' control. The University reserves the right to increase or otherwise change the prices of items available for purchase in its Food Service outlets. Residents will be given reasonable notice of changes to the plan and such changes will be made fairly and in due consultation with student representatives.

  • Deferral Plan The deferral portion of the plan shall involve an employee spreading four (4) years' salary over a five (5) year period, or such other schedule as may be mutually agreed between the employee and the Hospital. In the case of the four (4) years' salary over a five (5) year schedule, during the four (4) years of salary deferral, 20% of the employee's gross annual earnings will be deducted and held for the employee. Such deferred salary will not be accessible to the employee until the year of the leave or upon the collapse of the plan. In the case of another mutually agreed upon deferral schedule, the percentage of salary deferred shall be adjusted appropriately.

  • Transition Plan In the event of termination by the LHIN pursuant to this section, the LHIN and the HSP will develop a Transition Plan. The HSP agrees that it will take all actions, and provide all information, required by the LHIN to facilitate the transition of the HSP’s clients.

  • Leave Plan Effective April the Hospital agrees to introduce a leave program, funded solely by the nurse, subject to the following terms and conditions:

  • Plan The Award and all rights of the Participant under this Agreement are subject to the terms and conditions of the provisions of the Plan, incorporated herein by reference. The Participant agrees to be bound by the terms of the Plan and this Agreement. The Participant acknowledges having read and understanding the Plan, the Prospectus for the Plan, and this Agreement. Unless otherwise expressly provided in other sections of this Agreement, provisions of the Plan that confer discretionary authority on the Board or the Administrator do not (and shall not be deemed to) create any rights in the Participant unless such rights are expressly set forth herein or are otherwise in the sole discretion of the Board or the Administrator so conferred by appropriate action of the Board or the Administrator under the Plan after the date hereof.

  • 125 Plan The Board will maintain a Section 125 plan for premiums only in addition to a flexible account that includes eligible medical expenses and dependent care expenses with participating employees paying whatever the administrative charge is to run the 125 Plan.

  • Equity Plan For purposes of this Agreement, “Equity Plan” means the CS Disco, Inc. 2021 Equity Incentive Plan, as amended from time to time, or any successor plan thereto.

  • VACATION PLAN 2 All employees in the bargaining unit shall earn paid vacation time 3 under this Article. Vacation benefits are earned on a fiscal year 4 basis--July 1 to June 30. 5 8.1 Unit members are entitled to vacation with pay at the rates 6 to be found in the following schedule: 7 8.1.1 . 83 of a day for each month worked during the first 8 three (3) years.

  • 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.

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