Supplemental Retirement Income Program Sample Clauses

Supplemental Retirement Income Program. 17.5.1 Employees wishing to participate in this plan must be at least 55 years of age and have served for five years in the District. An employee must submit a written resignation which is accepted by the Board no later than March 1 of the year in which the unit member intends to retire, and the resignation must be effective no later than June 30 of the same year.
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Supplemental Retirement Income Program. Effective December 25, 1988, the City will pay two percent (2%) of the employee's regular annual salary for the first $32,400 in salary, into a Supplemental Retirement Income Program.
Supplemental Retirement Income Program. Effective December 25, 1988, the City will pay two percent (2%) of the employee's regular annual salary for the first $32,400 in salary, into a Supplemental Retirement Income Program. 2021 - 2023 Memorandum of Understanding City of Berkeley Berkeley Police Association SECTION 17: HIGHER CLASS PAY, TEMPORARY APPOINTMENTS, PROVISIONAL APPOINTMENTS
Supplemental Retirement Income Program. The City will pay two percent (2%) of the employee's regular annual salary for the first $32,400 in salary, into a Supplemental Retirement Income Program. Intentionally Left Blank for Formatting Purposes SECTION 17: HIGHER CLASS PAY, TEMPORARY APPOINTMENTS, PROVISIONAL APPOINTMENTS
Supplemental Retirement Income Program. In the event of a Covered Termination, Manager shall be entitled to receive a supplemental retirement benefit determined under the provisions of the Quaker Chemical Corporation Supplemental Retirement Income Program (the “SRIP”), regardless of whether Manager has otherwise satisfied the requirements for eligibility to participate in or to receive benefits under the SRIP. Such benefit shall be paid to Manager in the form of a single life annuity commencing as of the first day of the month following the Covered Termination, and shall be based on service and compensation through the date of the Covered Termination. The following rules shall apply in determining Manager’s benefit under the SRIP:
Supplemental Retirement Income Program. In the event of a Covered Termination, Manager shall be entitled to receive a supplemental retirement benefit determined under the provisions of the Quaker Chemical Corporation Supplemental Retirement Income Program (the “SRIP”), regardless of whether Manager has otherwise satisfied the requirements for eligibility to participate in or to receive benefits under the SRIP. Such benefit, determined in the form of a single life annuity commencing at age 65, shall be based on service and compensation through the date of the Covered Termination. The following rules shall apply in determining Manager’s benefit under the SRIP:

Related to Supplemental Retirement Income Program

  • 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.

  • Incentive, Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all incentive, savings and retirement plans, practices, policies and programs applicable generally to other peer executives of the Company and its affiliated companies, but in no event shall such plans, practices, policies and programs provide the Executive with incentive opportunities (measured with respect to both regular and special incentive opportunities, to the extent, if any, that such distinction is applicable), savings opportunities and retirement benefit opportunities, in each case, less favorable, in the aggregate, than the most favorable of those provided by the Company and its affiliated companies for the Executive under such plans, practices, policies and programs as in effect at any time during the 120-day period immediately preceding the Effective Date or if more favorable to the Executive, those provided generally at any time after the Effective Date to other peer executives of the Company and its affiliated companies.

  • Retirement Plans 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 (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, JHSS shall provide the following administrative services:

  • Savings and Retirement Plans During the Employment Period, the Executive shall be entitled to participate in all other savings and retirement plans, practices, policies and programs, in each case on terms and conditions no less favorable than the terms and conditions generally applicable to the Company’s other executive employees.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any of its directors, officers or employees or those of its subsidiaries or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (1) for normal individual increases in compensation to employees (other than executive officers or directors) in the ordinary course of business consistent with past practice, (2) for other changes that are required by applicable law and (3) to satisfy Previously Disclosed contractual obligations.

  • Supplemental Executive Retirement Plan The Executive shall participate in the Company's Unfunded Pension Plan for Selected Executives (the "SERP").

  • Compensation; Employment Agreements 18 5.15 Noncompetition, Confidentiality and Nonsolicitation Agreements; Employee Policies.................................................. 18 5.16

  • 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.

  • Stock Option Plans; Employee Benefits 6.26.1 The Acquiror Company has no stock option plans providing for the grant by the Acquiror Company of stock options to directors, officers or employees.

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