Wage Payment Agreement Sample Clauses

Wage Payment Agreement a. The Board shall compensate Teachers in twenty-six (26) payments for services rendered under contract; Teachers shall receive twenty-six (26) payments in a given calendar year.
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Wage Payment Agreement. Salaries for the Teacher shall be paid in twenty-six (26) payments, unless the Teacher notifies the Corporation Office in writing by June 1 prior to the next school year that the payment plan shall be twenty-two (22) payments. The method of payment cannot be changed during any school year. The first paycheck shall be issued to each contracted Teacher within three (3) weeks of the start of the school year. The balance of the checks will be issued in twenty-five (25) equal pays, one every other Friday. Paychecks will be issued according to the Board approved School Calendar with the following exceptions:
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Wage Payment Agreement. Each teacher shall be paid his/her salary over twenty-six (26) equal pays according to the pay date schedule attached as Appendix B.
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Wage Payment Agreement. This agreement is executed on / /20 , between the following two parties for implementing salary disbursal services in accordance with the applicable regulatory requirements.
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Wage Payment Agreement. A. Teachers may elect to have their basic salary paid in twenty-four (24) equal payments except for a teacher who is retiring may elect twenty-one (21) payments in his/her retirement year. The election shall remain in effect until revoked in writing by the teacher. Payments shall begin on August 22, 2019 for the 2019-2020 school year and August 21, 2020 for the 2020-2021 school year and will continue on the seventh (7th) and the twenty-second (22nd) of each month thereafter. When the seventh (7th) and the twenty-second (22nd) fall on a holiday or weekend, the pay date shall be the previous work day. If the Indiana General Assembly mandates a later starting school date for the school year, the dates listed above shall be renegotiated by the parties to comply with state law.
Sample 1
Wage Payment Agreement. A teacher’s annual salary shall be paid in twenty-six (26) payments on alternating Fridays with the first payment of the 2020-2021 school year being August 21, 2020. If a holiday falls on a payday Friday, payroll will be transmitted the preceding day. No later than April 1 each year, a teacher may elect a lump sum payment of the remainder of their salary owed for the school year to be distributed the second payroll in June. If evaluations are not finalized prior to the beginning of the school year any raised and back pay shall be distributed within thirty (30) days of the finalization of evaluations and a ratified contract.
Sample 1
Wage Payment Agreement. A. Teachers may elect to have their basic salary paid in twenty-four (24) equal payments or in except for a teacher who is retiring may elect twenty-one (21) payments in his/her retirement year. Such election must be made in writing to the corporation office prior to the first pay period of the school year and may not be changed during the school year (see Appendix C). The election shall remain in effect until revoked in writing by the teacher. Payments shall begin on August 22, 2017 2019 for the 2019-2020 school year and August 21, 2020 for the 2020-2021 school year and will continue on the seventh (7th) and the twenty-second (22nd) of each month thereafter. When the seventh (7th) and the twenty-second (22nd) fall on a holiday or weekend, the pay date shall be the previous work day. If the Indiana General Assembly mandates a later starting school date for the school year, the dates listed above shall be renegotiated by the parties to comply with state law.
Sample 1
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Wage Payment Agreement a. All Teachers will be paid on a twenty-six (26) pay schedule for a school year.
Sample 1

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  • Retirement Payment Employees with 25 or more total years of service in the program, who give two months’ notice of intent to retire, shall be provided the equivalent of 16% of annual salary, or $16,000, whichever is greater, at date of termination. The payment shall not exceed $20,000.

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