Salary Plan Payment Options Sample Clauses

Salary Plan Payment Options. (i) The Bargaining Unit Employee’s basic salary shall be divided by twenty-six (26); the remainder of the Bargaining Unit Employee’s salary shall be paid to the employee on the next scheduled pay date following the last teacher work day in-accordance with the schedule, which is attached hereto, made part hereof and marked Exhibit “A”. The lump sum payment shall be treated as multiple pays.
Sample 1
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Salary Plan Payment Options. Professional and temporary professional employees (but not long-term substitutes) who desire to attend educational meetings or conferences are requested to file the proper form with the building administrator to whom the Bargaining Unit Member reports. Full particulars related to the meeting should be explained on the form which must be filed well in advance of the conference or meeting date. Final decision will be made by the Superintendent or the Superintendent’s designee based on, among other considerations, the educational impact on the Pottsgrove School District and the financial resources available to support such an activity.
Sample 1

Related to Salary Plan Payment Options

  • Deferred Salary Leave Plan 1. The Board shall administer a Deferred Salary Leave Plan as determined by a separate agreement.

  • Deferred Salary Scheme Employees may apply to have their salary payments deferred in accordance with the provisions of this clause.

  • Lump Sum Compensation Lump sum computation refers to the method of payment under this Agreement for the professional services of the Consultant.

  • Deferred Salary Leave Each employer ratifying this Agreement will establish or, as necessary, review and update a deferred salary leave plan consistent with Regulations issued by Canada Revenue Agency under the Income Tax Act. The parties may use the Application, Agreement, and Approval Form as a template (see Appendix H) for the deferred salary leave plan.

  • Salary Scale The salary scale applicable to Employees shall be set out hereinafter in the Wage Schedule.

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then

  • Overtime-Eligible Employees Rest Periods The Employer and the Union agree to rest periods that vary from and supersede the rest periods required by WAC 000-000-000. Employees will be allowed rest periods of fifteen

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

  • Salary and bonus ii. Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

  • Benefit Payments Benefit Payments, as referred to in this Agreement, means the sum of (i) Claims, as described in Xxxxxxxxx 0 xxxxx, (xx) Cash Surrender Values, as described in Paragraph 3 below, and (iii) Annuity Payments, as described in Paragraph 7 below.

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