Seniority Benefit Sample Clauses

Seniority Benefit. While on Guard or Reserve duty, the employee shall receive seniority and anniversary date benefits in compliance with federal law and court cases pertaining to military service due to members of the Guard or Reserve.
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Seniority Benefit. No employee assigned to patrol, hired after November 24, 2004 will have the ability to pick their three shifts all at once as was the past practice upon entering the Top 15. Rather, they will select patrol shifts using the “2-1 method” as all other patrol officers select their shifts. Employees hired on or before November 24, 2004 will be known as being "grandfathered into the Top 15" and may continue the past practice. There are three patrol deployments per year. Generally, January-April, May-August and September- December. The “2-1 method” refers to the number of shifts chosen within three deployments selected on a yearly basis. Officers, in order of seniority, will select a shift (day shift, night shift, beginning of week or end of the week) in two of the three deployment periods. The selection of shifts will move to the next senior officer who selects in the same fashion. The process will continue until all officers have selected a shift in two of the three deployments. Then the selection will return to the most senior officer, who will select a shift in the deployment the officer didn’t select earlier in the process. The next senior officer will select in the same fashion and so on, until all shifts are selected. By definition, as the process moves forward, fewer and fewer choices are available and less senior officer’s default to less desirable shifts and/or deployment periods. A. 3.a.
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Seniority Benefit. In conjunction with County decisions regarding: 1. Layoffs, or 2. Job assignments which have a locational component and job assignment has traditionally been bid, seniority is a factor that must be taken into consideration but is not the deciding factor. In cases when an employee’s seniority is not a deciding factor, the County shall articulate its justification for not recognizing seniority as a controlling factor and the County’s decision is not subject to appeal or grievance.
Sample 1
Seniority Benefit. 33.1 Employees completing years of service outlined in section 33. 2 by December 31 will receive the above seniority on the date of the first normal payroll distribution date in December. 33.2 YEARS SERVICE COMPLETED ANNUAL BENEFIT 5THROUGH5 THROUGH 9 1.5% 10 THROUGH 14 2.0% 15 THROUGH 19 2.5% 20 THROUGH 24 3.0% 25 AND UP 3.5% 33.3 Employees separating will be paid the benefit on a pro-rated basis from January 1, until day of severance. Employees who work at least twenty-four hours in the last month of employment will receive a pro-rated share for that month equal to one-twelfth (1112th1/12th) of the annual benefit. 33.4 For the purposes of computing the "regular rate" of pay, the seniority bonus is a non-- discretionary bonus. The City shall adhere to the provisions outlined under the Fair Labor Standards Act, part 778 of the Code of Federal Regulations as to the method of inclusion of the seniority pay in the "regular rate" for employees.
Sample 1

Related to Seniority Benefit

  • Disability Benefit If the Executive terminates employment due to Disability prior to Normal Retirement Age, the Company shall pay to the Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Agreement.

  • 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.

  • Normal Retirement Benefit Upon Termination of Employment on or after the Normal Retirement Age for reasons other than death, the Company shall pay to the Executive the benefit described in this Section 2.1 in lieu of any other benefit under this Agreement.

  • Early Retirement Benefit Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Retirement Benefits Due to either investment or employment during the marriage, either the Husband or Wife: (check one)

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Supplemental Retirement Benefit The Executive will be entitled to receive a monthly Supplemental Retirement Benefit (the "Supplemental Retirement Benefit") commencing on the first day of the month coincident with or following the later of the Executive's termination of employment or attainment of age 60 and continuing for the remainder of his life. Unless otherwise elected by the Executive, the Supplemental Retirement Benefit shall be payable in the form of a 50% joint and survivor annuity which shall be unreduced for the actuarial value of the survivor's benefit. If the Executive's spouse at the time of his death is not more than four years younger than the Executive, the survivor benefit shall be equal to 50% of the Executive's benefit and shall be payable to his spouse for the remainder of the spouse's life. If the Executive's spouse at the time of his death is more than four years younger than the Executive, the benefit payable to the spouse shall be reduced to a benefit having the same actuarial value as the benefit that would have been payable had the spouse been four years younger than the Executive. The Executive shall also have the right to elect a 100% joint and survivor annuity, on an actuarially-reduced basis or a lump-sum payment, on an actuarially-reduced basis (if the Executive makes a timely lump-sum election which avoids constructive receipt), or any other form of payment available or provided under the "Supplemental Plans" defined in this Section 8. Actuarial reductions shall be based on the actual ages of the Executive and his spouse at the time of retirement. If the Executive is not married at the time of his retirement, actuarial adjustments shall be made as if the Executive had a spouse with the same date of birth as the Executive. In the event that the Executive elects a form of payment other than the automatic 50% joint and survivor annuity or other than a lump sum payment, and remarries subsequent to retirement, the benefits payable under this Section shall be actuarially adjusted at the time of the Executive's death to reflect the age of the subsequent spouse. If the Executive elects a lump sum payment at retirement, no further benefits will be payable under this Section.

  • Disability Benefits Technology Errors and Omissions Not less than $1,000,000 each claim Not less than $2,000,000 in aggregate At the time of the first transaction with an Authorized User and updated in accordance with Contract Crime Insurance Not less than $50,000 Commercial General Liability Not less than $5,000,000 each occurrence Updated in accordance with Contract General Aggregate $2,000,000 Products – Completed Operations Aggregate $2,000,000 Personal and Advertising Injury $1,000,000 Business Automobile Liability Insurance Not less than $5,000,000 each occurrence

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

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