Taxable Income Report for PARTICIPANT Incentive Payments Sample Clauses

Taxable Income Report for PARTICIPANT Incentive Payments. Description The CONTRACTOR reports, as directed by the DEPARTMENT, all incentive payments or other items of monetary value that do not qualify as an IRS Section 213 (d) medical expense that were issued to ACTIVE EMPLOYEES and their DEPENDENTS for DEPARTMENT distribution to EMPLOYER payroll centers for tax reporting purposes. (See Section 220L, 6.) Frequency At least semi-annually, as directed by the DEPARTMENT Penalty One thousand ($1,000) dollars per DAY for which the standard is not met 320 Quarterly Deliverables‌ As required by the CONTRACT, the CONTRACTOR must provide QUARTERLY deliverables as specified in the sections below. The total penalties assessed in Section 310, Section 315, and Section 320 (and Section 330 for the MEDICARE ADVANTAGE CONTRACTOR) shall not exceed three percent (3%) of the CONTRACTOR’S total medical premium in any given quarter. CONTRACTOR performance will be measured by the DEPARTMENT on a QUARTERLY basis. The DEPARTMENT reserves the right to waive a penalty in certain circumstances when the DEPARTMENT determines it is warranted. 320A Quarterly Reporting Requirements‌ Instructions on submitting reports and specific due dates will be provided by the DEPARTMENT annually.
Sample 1
AutoNDA by SimpleDocs
Taxable Income Report for PARTICIPANT Incentive Payments. Description Frequency Penalty
Sample 1

Related to Taxable Income Report for PARTICIPANT Incentive Payments

  • Extra Compensation 1. CTSO Advisors will be paid twenty-five ($25) per hour (capped at eight (8) hours per day) for non-discretionary CTSO activities (e.g., conferences, conventions, and competitions) involving students on days not scheduled as part of the regular school year calendar.

  • Reporting Compensation (a) Reporting time is the time designated or recognized as the start of the daily workshift or weekly work schedule.

  • Show-Up Compensation An employee who is scheduled for work and reports for work, except for situations addressed in Article 123--Inclement or Hazardous Conditions, and is released from work shall be paid the equivalent of two

  • How Are Contributions to a Xxxxxxxxx Education Savings Account Reported for Federal Tax Purposes? Contributions to a Xxxxxxxxx Education Savings Account are reported on IRS Form 5498-ESA.

  • Additional Services Compensation Additional Services Compensation shall be the fees determined in accordance with Article 7 to be paid by the Owner to the Professional Consultant in connection with the performance of Additional Services.

  • Developer Compensation for Emergency Services If, during an Emergency State, the Developer provides services at the request or direction of the NYISO or Connecting Transmission Owner, the Developer will be compensated for such services in accordance with the NYISO Services Tariff.

  • Education Incentive Pay An employee shall be entitled to receive educational incentive pay as follows:

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Callout Compensation A regular employee who is called back to work outside their regular working hours shall be compensated for a minimum of three hours at overtime rates. They shall be compensated from the time they leave their home to report for duty until the time they arrive back upon proceeding directly to and from work.

  • Intercarrier Compensation Except as specifically described in this Section, the Agreement does not change or amend applicable intercarrier compensation arrangements (including but not limited to Switched Access, Signaling, or Transit charges) between any parties, including between Qwest and Carriers or IXCs.

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