TEACHERS RETIREMENT SYSTEM OF GEORGIA Sample Clauses

TEACHERS RETIREMENT SYSTEM OF GEORGIA. All regular employees of Xxxxxxx State University are required by law to participate in a retirement program. Faculty and principal administrators hired on or after July 1, 1990, and exempt employees hired on or after July 1, 2008 have the option of participating in the Teachers Retirement System of Georgia (TRS) or the Optional Retirement Plan (ORP). Non-exempt employees, as a condition of employment, may only participate in the TRS plan. The Teacher's Retirement System of Georgia is a defined benefit plan. Participation in the plan is mandatory for all regular non-exempt employees, as well as exempt employees hired prior to July 1, 2008, with a work commitment of half-time or more. Faculty and principal administrative officers hired on or after July 1, 1990, and exempt employees hired on or after July 1, 2008, are also eligible to elect membership in the Teachers Retirement System of Georgia in lieu of the Optional Retirement Plan. Such election is irrevocable. Vesting: A TRS member with at least 10 years of creditable service has a vested right to receive a retirement benefit if certain criteria is met. Disability: A TRS active member who is mentally or physically disabled, and who has at least 9 1/2 years of creditable service is eligible to apply for disability retirement. More specific information regarding the TRS plan may be secured online at xxxx://xxx.xxxxx.xxx .
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Related to TEACHERS RETIREMENT SYSTEM OF GEORGIA

  • Retirement System The withdrawal of employee contributions made on or after January 1, 2014 may also be withdrawn but only on an actuarially neutral basis. The actuarial present value of the pension reduction shall be equal to the amount of accumulated member contributions withdrawn. The actuarial present value shall computed using the interest rate used in the annual actuarial valuation and the mortality table used in the annual actuarial valuation with a 50% unisex blend.

  • Public Employees Retirement System “PERS”) Members. For purposes of this Section 1, “employee” means an employee who is employed by the State on August 28, 2003 and who is eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

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  • CHILD AND DEPENDENT ADULT/ELDER ABUSE REPORTING CONTRACTOR shall establish a procedure acceptable to ADMINISTRATOR to ensure that all employees, agents, subcontractors, and all other individuals performing services under this Contract report child abuse or neglect to one of the agencies specified in Penal Code Section 11165.9 and dependent adult or elder abuse as defined in Section 15610.07 of the WIC to one of the agencies specified in WIC Section 15630. CONTRACTOR shall require such employees, agents, subcontractors, and all other individuals performing services under this Contract to sign a statement acknowledging the child abuse reporting requirements set forth in Sections 11166 and 11166.05 of the Penal Code and the dependent adult and elder abuse reporting requirements, as set forth in Section 15630 of the WIC, and shall comply with the provisions of these code sections, as they now exist or as they may hereafter be amended.

  • Disabled Veteran Business Enterprise Participation Section 14.01 Pursuant to section 17076.11 of the Education Code, the DISTRICT has a participation goal for disabled veteran business enterprises (DVBE’s) of at least three (3) percent, per year, of funds expended each year by the DISTRICT on projects that use funds allocated by the State Allocation Board pursuant to the Xxxxx X. Xxxxxx School Facilities Act (the Act). Should this project use funds allocated under the Act, to the extent feasible and as required by law, RGMK shall provide to the DISTRICT certification of compliance with the procedures for implementation of DVBE contracting goals, appropriate documentation identifying the amount paid to DVBE’s in conjunction with the Agreement, and documentation demonstrating RGMK’s good faith efforts to meet these goals.

  • Family and Medical Leave (FMLA FMLA leave shall be granted pursuant to applicable law.

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