SERS PICK-UP WITH REDUCTION Sample Clauses

SERS PICK-UP WITH REDUCTION. The Board shall designate each employee’s mandatory contributions to the State Employees Retirement System of Ohio as “picked-up” by the Board as contemplated by Internal Revenue Service Ruling 77-464 and 81-36, although they shall continue to be designated as employee contributions as permitted by Attorney General Opinion 82-097, in order that the amount of the employee’s income reported by the Board as subject to Federal and Ohio Income Tax shall be the employee’s income reported by the then current percentage amount of the employee’s mandatory State Bus Driver’s Retirement System’s contribution which has been designated as picked-up by the Board, and that the amount designated as pick-up by the Board shall be included in computing final average salary, provided that no employee’s total salary is increased by such “pick-up,” nor is the Board’s total contribution to the State Employees Retirement System of Ohio increased.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
SERS PICK-UP WITH REDUCTION. Annuitization of the entire employee's share of retirement shall be as follows: The Alliance Board of Education shall designate each employee's mandatory contributions to the School Employees Retirement System of Ohio as "picked up" by the Board as interpreted by Internal Revenue Service Rulings 77-462 and 81-36. Contributions "picked up" shall continue to be designated as employee contributions as permitted by Attorney Generals Opinion 82-097. In order that the amount of the employee's income reported by the Board as subject to Federal and Ohio income tax shall be the employee's total gross income reduced by the then-current percentage amount of the employee's mandatory School Employees Retirement System contribution which has been designated as "picked-up" by the Board, and that the amount designated as "picked-up" by the Board shall be included in computing final average salary, provided that no employee's salary is increased by such "pick-up", nor is the Board's total contribution to the School Employees Retirement System of Ohio increased thereby. The Board herewith agrees with the Association to pick-up (assume and pay) contributions to the school employees retirement system upon behalf of the individuals in the bargaining unit on the following terms and condition: 1. The amount to be picked-up and paid on behalf of each employee shall be the entire amount of the employee's contribution to the retirement system. The employee's annual compensation shall be reduced by an amount equal to the amount picked-up and paid by the Board. 2. The pick-up percentage shall apply uniformly to all members of the bargaining unit. 3. No employee covered by this provision shall have the option to elect a wage increase or other benefit in lieu of the employer pick-up. 4. The pick-up shall apply to all compensation including supplemental earnings. 5. For federal and state tax purposes, the W-2 form shall show the total amount of compensation reduced by the amount picked-up. For SERS purposes, the total amount of compensation shall not be reduced. 6. SERS pick-up shall in no way affect unemployment compensation, sick leave, workers' compensation, severance pay, daily rate of pay, or any other calculation based on current adopted salary schedule.
Sample 1Sample 2Sample 3See All (5)
SERS PICK-UP WITH REDUCTION. The Board herewith agrees with the Association to pick up (assume and pay) contributions to the School Employees Retirement System on behalf of the individuals in the bargaining unit with the following terms and conditions:
Sample 1Sample 2Sample 3See All (4)
SERS PICK-UP WITH REDUCTION. 26.01 The Board herewith agrees with the Association to pick-up (assume and pay) contributions to the School Employees' Retirement System (SERS) on behalf of the individuals in the bargaining unit on the following terms and conditions: A. The amount to be picked up and paid on behalf of the individual shall be the individual employee's required contribution. The individual's annual compensation shall be reduced by an amount picked-up and paid by the Board. B. The pick-up percentage shall apply uniformly to all individuals in the bargaining unit. C. No individual covered by this provision shall have the option to elect a wage increase or other benefit in-lieu of the employer pick-up. D. The pick-up shall apply to all compensation including supplemental earnings E. For federal and state tax purposes, the W-2 form shall show the total amount of compensation reduced by the individual employee's required contribution. For SERS purposes the total amount of compensation shall not be reduced. F. SERS pick-up shall in no way affect unemployment compensation, sick leave, worker's compensation, severance pay, daily rate of pay or any other calculation based on the salary schedules contained in Article XXV.
Sample 1Sample 2
SERS PICK-UP WITH REDUCTION. 26.01 The Board herewith agrees with the Association to pick-up (assume and pay) contributions to the School Employees' Retirement System (SERS) on behalf of the individuals in the bargaining unit on the following terms and conditions: A. The amount to be picked up and paid on behalf of the individual shall be the individual employee's required contribution. The individual's annual compensation shall be reduced by an amount picked-up and paid by the Board. B. The pick-up percentage shall apply uniformly to all individuals in the bargaining unit. C. No individual covered by this provision shall have the option to elect a wage increase or other benefit in-lieu of the employer pick-up. D. The pick-up shall apply to all compensation including supplemental earnings E. For federal and state tax purposes, the W-2 form shall show the total amount of compensation reduced by the individual employee's required contribution. For SERS purposes the total amount of compensation shall not be reduced.
Sample 1
SERS PICK-UP WITH REDUCTION. A. Annuitization of the employee’s share of retirement shall be as follows: 1. The Alliance Board of Education shall designate each employee’s mandatory contributions to the School Employees Retirement System of Ohio as “picked up” by the Board as interpreted by Internal Revenue Service Rulings 77-462 and 81-36. Contributions “picked up” shall continue to be designated as employee contributions as permitted by Attorney Generals Opinion 82-097. In order that the amount of the employee’s income reported by the Board as subject to Federal and Ohio income tax shall be the employee’s gross income reduced by the then current percentage amount of the employee’s mandatory School Employees Retirement System contribution which has been designated as “picked up” by the Board shall be included in computing final average salary, provided that no employee’s salary is increased by such “pick up”, nor is the Board’s total contribution to the School Employees Retirement System of Ohio increased thereby.
Sample 1
SERS PICK-UP WITH REDUCTION. The Board herewith agrees with the Association to pick up (assume and pay) contributions to the School Employees Retirement System (SERS) upon behalf of the employees in the bargaining unit on the following terms and conditions: The amount to be picked up and paid on behalf of each such employee shall be nine (9.00) percent or the current percentage of the employee's compensation as established by the School Employees Retirement System. The employee's annual compensation shall be reduced by an amount equal to the amount picked up and paid by the Board. This pick up shall not result in any expenditure of funds by the Board.
Sample 1
AutoNDA by SimpleDocs
SERS PICK-UP WITH REDUCTION. The Board herewith agrees with the Association to pick-up (assume and pay) contributions to the School Employees Retirement System on behalf of the individuals in the bargaining unit with the following terms and conditions: 1. The amount to be picked-up and paid on behalf of each employee shall be the employee's contribution. The employee's annual compensation shall be reduced by an amount equal to the amount picked-up and paid by the Board. 2. The pick-up percentage shall apply uniformly to all members of the bargaining unit.
Sample 1

Related to SERS PICK-UP WITH REDUCTION

  • Staff Reduction 14.01 In the event of a layoff, the Employer shall give the employee(s) affected the required notice under the Employment Standards Act and will give as much additional notice to the Union that is reasonably possible in all of the circumstances. 14.02 Part-time and probationary employees shall be laid off first provided there are sufficient qualified employees with seniority who are able to do the required work. In the event there is a requirement for further reductions in staff, employees shall be laid off in inverse order of company seniority, provided the remaining employees are qualified and able to perform the required work. An employee whose position is abolished or who is displaced shall be entitled to exercise his/her company seniority rights and displace the most junior employee in the bargaining unit, provided he/she is either qualified to do the required work or can be qualified with minimal training. 14.03 When an employee is laid off, the employee will immediately register his/her name with the Employer in order that he/she may be notified of any work available. Laid off employees will, if qualified and able to perform the required work, be returned to work in order of company seniority when staff covered by this Agreement is increased, or vacancies occur. (a) An Employee who is unemployed at the time of a recall must report for duty within forty-eight (48) hours of being contracted unless the employee can provide a valid and satisfactory reason to the Employer for not doing so. (b) An employee who is employed at the time of recall must report for duty or give a satisfactory reason to the Employer for not doing so within eight (8) days from the date of mailing the notification to report by registered mail to the employee’s last known address. (c) It shall be the employee’s responsibility to keep the Employer notified of his/her current telephone number as well as his address so that they will be up to date at all times. (d) In the event an employee does not report or provide a satisfactory reason for failing to do so under (a) or (b) above, the employee shall forfeit his/her seniority rights under this Agreement and his/her employment shall be deemed to be terminated.

  • Reduction in scope of agreement for fault 19.1.1 If the Grantee does not comply with an obligation under this Agreement and the Commonwealth believes that the non‐compliance is incapable of remedy, or if the Grantee has failed to comply with a notice to remedy, the Commonwealth may by written notice reduce the scope of the Agreement. 19.1.2 The Grantee agrees, on receipt of the notice of reduction, to: (a) stop or reduce the performance of the Grantee’s obligations as specified in the notice; (b) take all available steps to minimise loss resulting from the reduction; (c) continue performing any part of the Activity or the Agreement not affected by the notice if requested to do so by the Commonwealth; (d) report on, and return any part of the Grant to the Commonwealth, or otherwise deal with the Grant, as directed by the Commonwealth. 19.1.3 In the event of reduction under clause 19.1.1, the amount of the Grant will be reduced in proportion to the reduction in the scope of the Agreement.

  • PERSONNEL REDUCTION Section 1. In the case of a personnel reduction, probationary employees in the classification to be reduced shall be laid off first. Thereafter, the employee in the classification to be reduced with the least seniority shall be laid off first. Battalion Chiefs with the least seniority in the rank of Battalion Chief shall be reduced to the highest rank they previously held and are currently qualified for or may become qualified for within three (3) months or such extension of time as may be agreed to by the Fire Rescue Administrator and the Union President. For purposes of this Article, employees who have a needs improvement or unacceptable performance evaluation during the most recent annual evaluation may have their seniority reduced by one year. For purposes of this Article, assigned Paramedics shall be considered a classification only in order to prevent the number of Paramedics from being reduced below State requirements. Section 2. Employees who are laid off from their classifications may bump into the next lower classification in which case they may bump the most junior employee in the classification if that junior employee has less seniority. Section 3. Employees who are laid off, or who have bumped into the next lower classification, shall be recalled to their original classification in the reverse order in which they were laid off or bumped (last laid off or bumped, first recalled) provided they meet the requirements to perform the work. Employees on layoff or who have been bumped, shall be offered recall before employees are hired into their classification, or shall be offered a new position in another lateral or lower classification for which they are qualified before new employees are hired into the other classification. Section 4. Employees who are laid off shall be paid one hundred (100%) percent of accrued vacation leave. Section 5. In the case of a personnel reduction in the rank of District Chief, those District Chief(s) identified by the Fire Rescue Administrator who were promoted to that rank before July 14, 2000, and District Chiefs appointed to the rank as a result of municipal mergers, shall be reduced to the rank of Battalion Chief. Such reduction shall not adversely affect the wages, hours, and terms and conditions of employment of any other bargaining unit employee. Section 6. Employees promoted to the rank of District Chief after July 13, 2000, who are affected by a personnel reduction in the rank of District Chief, shall be reduced to the classification previously held, or another position for which they have successfully tested, in accordance with the provisions of this Article. No personnel in the classification to which the employee is returned shall be removed, and any over-staffing shall be addressed through attrition. District Chiefs may sit for promotional examinations for positions of lower rank within the bargaining unit and will be considered to have obtained that status upon successful promotion of any employee with a lesser standing on that promotion register. Section 7. The protection afforded to other bargaining unit employees in sections 5 and 6 above, shall not apply in the event of a workforce reduction that affects all ranks.

  • REDUCTION IN FORCE A. In any reduction in the bargaining unit as a result of budgetary actions or curriculum and/or administrative organization, every effort will be made to transfer affected teachers to other similar positions within the school system where vacancies exist and for which the affected teachers are certified. B. If no similar positions are available, rehired retirees, provisionally certificated teachers and non- tenured teachers in the subjects and/or grade levels affected will be laid off or separated from the active employment rolls prior to tenured teachers in the same subjects and/or grade levels. If it becomes necessary to lay off tenured teachers, they shall be laid off in the inverse order of their seniority. An appropriate seniority list will be made available for inspection when a tenured teacher has been laid off and disputes a seniority ranking. The seniority list will be developed from the last date of employment and furnished to the Association. If there is a tie, the affected teachers will have seniority calculated as defined in Article I, Section B.7. Teachers on an unpaid leave of absence shall retain accrued seniority. Teachers on military leave, Association leave and on layoff shall continue to accrue seniority during that time. A countywide list of all certificated personnel employed as of July 1 of each year shall be compiled and available upon request of FCTA. The list will indicate name, date of first employment, date of current employment and department and location code. C. Teachers on layoff shall be placed on a priority recall list in accordance with their seniority. The teachers shall be recalled as vacancies become available in accordance with their position on the list and their certification for said vacancies. D. When vacancies become available, the teacher will be notified of the vacancy by phone and email sent to the last known address. The teacher so notified shall notify the responsible administrator, in writing, in not more than ten (10) days after receipt of notification of the vacancy as to whether or not the position will be accepted. The teacher may decline the first offer of employment. If the teacher declines the second offer of a position, reemployment rights shall be forfeited. All teachers shall remain on the priority recall list for a maximum of three (3) years. E. While a layoff continues, no new teachers shall be hired except in those unique circumstances where (a) there are no teachers on the priority recall list qualified to fill the vacancy or (b) all qualified teachers on the priority recall list decline the offer to fill the vacancy. F. Any layoff due to reduction in force shall not be subject to any dismissal procedure required elsewhere in this Agreement. G. Teachers recalled under these provisions shall have restored to them all previously accrued sick leave and personal leave. H. The Board and the Association recognize that appropriate governmental agencies that have jurisdiction may promulgate rulings and/or regulations that may impact this Article. If such rulings or regulations cause any provisions to be in conflict, the parties shall meet within ten (10) days for the purpose of renegotiating only the provision(s) held to be contrary.

  • REDUCTION IN STAFF SENIORITY 1. Probationary and non-degree teachers will be laid off first. This is provided that qualified tenure teachers are available. 2. No teacher shall be discharged or laid off pursuant to a necessary reduction in personnel unless he/she has written notification of said action. 3. During any period when the number of the teaching staff is reduced, the Board will not hire a new teacher to replace an incumbent teacher who is qualified and available to fill an available teaching position. 4. The Board will use its efforts to assist all released teachers to secure employment in other school districts. 5. The Board shall provide notice of layoff to the Association and the individuals involved no later than the third (3rd) Friday in May for the subsequent school year. The Board shall give not less than sixty (60) days’ notice of layoff to the Association and the individuals involved for the current school year. 6. If it becomes necessary to lay off tenure teachers, the following factors shall be used: a. If the teacher is fully certified by the State of Michigan and has a major or minor in the teaching field (based upon total semester hours earned), seniority in the Rockford Schools shall prevail. b. In the event a teacher is properly certified in a teaching field, and has fifteen (15) or more hours in that field but lacks the necessary requirements to be highly qualified, they shall have one (1) year to complete the necessary requirements, if approved by the State of Michigan 1) Seniority is defined as length of unbroken service within the bargaining unit and shall be computed from the bargaining unit member’s initial date of hire. Seniority date shall be determined by the date said teacher contract was signed, given approval by the Board of Education. If necessary, ties in seniority will be broken by drawing lots with the Association President present. 2) A seniority list shall be published by the District by October 15 of each school year. A copy of the seniority list and subsequent revisions and updates, if made, shall be forwarded to the Association and the building representatives. 3) Time spent on unpaid leave, for one semester or more, shall not be construed as a break in continuous service. However, the time spent on that leave would be deducted from the initial date of hire on the seniority list. Seniority will be lost if on unpaid leave or layoff for three years, unless mutually extended in writing by the District and the Association. 4) No person other than a member of the bargaining unit shall possess, retain or accrue seniority within the bargaining unit. 5) Members who transfer to a non-bargaining unit position shall retain only that seniority accrued while members of the bargaining unit. 6) Involuntarily reduced assignments shall count as if the service were at the full teaching load and will count as full-time seniority. Voluntary reduced assignments shall count only for the time spent on the job and shall receive the pro rata amount toward their seniority. d. Approved leaves do not break or extend seniority. e. In the event two (2) or more tenure teachers have the identical qualifications and certifications, the following factors shall weigh equally in the final determination: 1. Highest degree held; 2. Seniority in department or teaching field; 3. Teaching competence; 4. Number of years since teaching in his/her field. 7. If such teacher reductions are necessary, the Association shall be asked for recommendations using the aforementioned criteria (No. 6). 8. If any such teachers desire to be reemployed when future vacancies occur, they shall keep the Board advised of his/her current address and telephone number. 9. Procedure for recall shall be as follows: a. Seniority tenure teachers will be recalled in inverse order of layoff for positions for which they are certified and qualified as determined by number six (6). 10. It is understood and agreed that provisions hereof with respect to staff reduction shall in no way be construed as a waiver of rights otherwise available under the Tenure Act without specifications or agreement as to what such rights may be. 11. Any teacher recalled to work from layoff shall be entitled to at least two (2) weeks written notice delivered to his/her last known address prior to being required to report to work. If such a teacher is given more than two (2) weeks notice, he/she shall be required to reply in writing within the two (2) weeks, agreeing to report to work at the date requested. If a recalled teacher refuses or fails to reply and/or report to work within the two (2) week time requirement, such teacher shall be considered as a voluntary “quit” and shall thereby terminate any employment relationship with the Board. Any teacher recalled to work from layoff shall be entitled to at least two (2) weeks notice delivered to his/her last known address by certified mail, return receipt requested prior to being required to report to work. It is expressly understood and agreed by both the Board and the Association that the beginning of the two (2) week requirement shall begin only after the teacher signs the return receipt. 12. The refusal of a current full-time properly certified and qualified tenure person of a part-time position shall not remove the individual from the recall list. This provision shall not invalidate any other section or article of this Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!