STRS Defined Supplemental Benefits Plan Sample Clauses

STRS Defined Supplemental Benefits Plan. Subject to the criteria and limitations stated in Education Code Sections 22119.2, 22905, 22954 and relevant STRS regulations, the following services performed for the District shall be creditable for inclusion in the State Teachers Retirement System (“STRS”) Defined Supplemental Benefit Plan.  Supplemental Pay Sections 10.8.1 (Coaches), 10.6 (Extended Duty Pay), 10.10 (Substituting During Preparation Periods);  Summer School (Section 12.2);  Extended Non-Instructional Extra Duties (10.6.1)  Saturday School (Section 10.6.2);  Regular teaching within the school year beyond 1.0 F.T.E;  Any other activity mutually agreed in writing by the Superintendent and the President of the Association as an amendment to this provision. Both the District and the unit member shall make any contributions to STRS required by law.
Sample 1
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STRS Defined Supplemental Benefits Plan. This Section became effective July 1, 2002.‌ Subject to the criteria and limitations stated in Education Code Sections 22119.2, 22905, 22954, and relevant STRS regulations, the following services performed for the District shall be included within the definition of creditable compensation and reported to STRS solely for inclusion in the STRS Defined Supplemental Benefit Plan. • Supplemental Pay Sections 12.5.1, (Coaches), 12.5.2 (Intermediate School Athletic Director), 12.5.3 (Home Teachers), 12.5.4 (Extended Duty Pay), 12.5.5 (Intermediate School Band Director), 12.5.6 (School Modernization, Construction, Maintenance, and/or Carpet Replacement), 12.5.7 (Substituting During Preparation Periods), 12.5.8 (Peer Review and Support), 12.5.9 (Faculty Associate Stipend), 12.5.10 (Compensation for Bus Supervision),
Sample 1
STRS Defined Supplemental Benefits Plan. This Section became effective July 1, 2002. Subject to the criteria and limitations stated in Education Code Sections 22119.2, 22905, 22954, and relevant STRS regulations, the following services performed for the District will be included within the definition of creditable compensation and reported to STRS solely for inclusion in the STRS Defined Supplemental Benefit Plan. • Supplemental Pay Sections 12.5.1, (Coaches), 12.5.2 (Intermediate School Athletic Director), 12.5.3 (Home-Hospital Teachers), 12.5.4 (Extended Duty Pay), 12.5.5 (Intermediate School Band Director), 12.5.6 (School Modernization, Construction, Maintenance, and/or Carpet Replacement), 12.5.7 (Substituting During Preparation Periods), 12.5.8 (Peer Review and Support), 12.5.9 (Faculty Associate Stipend), 12.5.10 (Compensation for Bus Supervision), 12.5.11 (Uniform Stipends for District-Established Meetings And Trainings), 12.5.12 (NBPTS), 12.5.13 (Technology Mentor), 12.5.14 (Specialized Academic Instructor Stipend); 12.8.2.4 (ASHA); 12.8 (BCLAD Stipend); 12.8.2.3 (SLP Stipend) • Summer School (Section 12.6); • Curriculum writing and development; • Consulting teacher; • Regular teaching within the school year beyond 1.0 FTE; • Any other activity mutually agreed in writing by the Superintendent and the President of the Association as an amendment to this provision. Both the District and the unit member will make any contributions to STRS required by law.
Sample 1

Related to STRS Defined Supplemental Benefits Plan

  • Supplemental Retirement Plan During the Contract Period, if the Executive was entitled to benefits under any supplemental retirement plan prior to the Change in Control, the Executive shall be entitled to continued benefits under such plan after the Change in Control and such plan may not be modified to reduce or eliminate such benefits during the Contract Period.

  • Defined Contribution Plan The Employer will establish the following Employer contribution programs in the existing salary deferral plans: » Beginning in 2006 and continuing throughout the term of the Agreement, a performance-based contribution

  • SUPPLEMENTAL BENEFITS The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations in regard to maternity, parental and adoption leave. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Articles 17.06, 17.07 or 17.08.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.

  • Supplemental Retirement Benefits The terms and conditions for the payment of supplemental retirement benefits are set forth in a separate written agreement between the parties.

  • Defined Benefit Pension Plans The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to Section 5.10.

  • Defined Contribution Plans The Company does not maintain, contribute to or have any liability under (or with respect to) any employee plan which is a tax-qualified "defined contribution plan" (as defined in Section 3(34) of ERISA), whether or not terminated.

  • 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.

  • SERP Executive is a participant in the BB&T Corporation Non-Qualified Defined Benefit Plan (the “SERP”). The SERP was formerly known as the Branch Banking and Trust Company Supplemental Executive Retirement Plan. The SERP is a non-qualified, unfunded supplemental retirement plan which provides benefits to or on behalf of selected key management employees. The benefits provided under the SERP supplement the retirement and survivor benefits payable from the Pension Plan. Except in the event the employment of Executive is terminated by the Employer or BB&T for Just Cause and except in the event Executive terminates Executive’s employment for any reason other than Good Reason and such termination does not occur within twelve (12) months after a Change of Control (or, if later, within ninety (90) days after a MOE Revocation), the following special provisions shall apply for purposes of this Agreement: (i) The provisions of the SERP shall be and hereby are incorporated in this Agreement. The SERP, as applied to Executive, may not be terminated, modified or amended without the express written consent of Executive. Thus, any amendment or modification to the SERP or the termination of the SERP shall be ineffective as to Executive unless Executive consents in writing to such termination, modification or amendment. The Supplemental Pension Benefit (as defined in the SERP) of Executive shall not be adversely affected because of any modification, amendment or termination of the SERP. In the event of any conflict between the terms of this Section 1.7.7(i) and the SERP, the provisions of this Section 1.7.7 (i) shall prevail. Executive hereby agrees and consents to Employer’s amendment of the SERP to comply with Section 409A.

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

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