Allocation of responsibility definition

Allocation of responsibility. The City assumes no responsibility for the tax or other consequences of any VEBA contributions made by or on behalf of any member for either the active or post- retirement options. Each union that elects to require VEBA contributions for the benefit of its members assumes sole responsibility for insuring that the VEBA complies with all applicable laws, including, without limitation, the Internal Revenue Code, and agrees to indemnify and hold the City harmless for any taxes, penalties and any other costs and expenses resulting from such contributions. Employees who are eligible to retire during the term of this Agreement have participated in a vote administered by the Union to determine if the Voluntary Employee Benefits Association (VEBA) benefit is offered to employees who elect to retire during the term of this Agreement. The VEBA benefit shall allow employees who retire from Library service to cash out their unused sick leave balance upon retirement and place it in a VEBA account to be used for post-retirement healthcare costs as allowed under IRS regulations. ● 5 – 9 years of service and age 62 or older ● 10 – 19 years of service and age 57 or older ● 20 – 29 years of service and age 52 or older ● 30 years of service and any age For purposes of identifying all potential eligible-to-retire employees, the City shall create a list of members who are in the City’s HRIS system as age 45 or older as of the final day of the previous contract term and provide this list to the Union upon request. Eligible-to-retire employees who retire from Library service during the term of this agreement, shall either: A. Place their sick leave cash-out at 35% into their VEBA account, or B. Forfeit the sick leave cash-out altogether. There is no minimum threshold for the sick leave cash- out. Employees are not eligible to deposit their sick leave cash-out into their deferred compensation account or receive cash.

Examples of Allocation of responsibility in a sentence

  • Allocation of responsibility and authority in relation to financial matters will be clearly identified.

  • There shall be no adjustments to the charges or rates under this Agreement or additional amounts payable under this Agreement except as specifically set forth in this Agreement, including this Schedule 1.0. Allocation of responsibility for taxes and certain other applicable fees and surcharges between the Parties is set forth in Section 6.5 of the Agreement.

  • The key elements of this framework are: • Allocation of responsibility for the identification and assessment of operational risk.

  • Allocation of responsibility and authority in relation to financial and contractual matters will be clearly identified.

  • Allocation of responsibility to another authority should weigh up the extent and nature of the task and requirements of efficiency and economy.

  • Allocation of responsibility is an extremely interesting aspect of assurance cases (and assurance in general) and there are important emerging benefits to consider.Assurance cases offer flexible organization of information and are also well-suited to supporting notations and electronic tools.The next benefit we examined, that assurance cases address modern certification challenges, is divided into three elements: safety-criticality, system complexity, and innovative technology.

  • Allocation of responsibility for transporting the child between homes, schools, activities, childcare, etc.

  • Allocation of responsibility for the final remediation will be resolved by negotiation or litigation.

  • Allocation of responsibility for acting on the management strategy and resourcing its implementation should be made explicit.

  • Allocation of responsibility for each will continue to create a number of challenges.

Related to Allocation of responsibility

  • Area of responsibility means the geographical area, as

  • Financial responsibility means the ability to respond in damages for liability thereafter incurred

  • Customer Responsibilities means the responsibilities of the Customer set out in Call Off Schedule 4 (Implementation Plan) and any other responsibilities of the Customer in the Call Off Order Form or agreed in writing between the Parties from time to time in connection with this Call Off Contract;

  • Corporate Social Responsibility means Corporate Social Responsibility (CSR) as defined in Section 135 of the Companies Act, 2013 and Companies Corporate Social Responsibility Policy) Rules, 2014;

  • Extended producer responsibility ’ (EPR) means responsibility of any producer of packaging products such as plastic, tin, glass, wrappers and corrugated boxes, etc., for environmentally sound management, till end-of-life of the packaging products ;

  • Official responsibility means administrative or operating authority, whether intermediate or final, to initiate, approve, disapprove or otherwise affect a procurement transaction, or any claim resulting therefrom.

  • Proof of financial responsibility means proof of ability to respond in damages for liability, on account of accidents occurring after the effective date of the proof, arising out of the ownership, maintenance, or use of a motor vehicle, in the amount of twenty-five thousand dollars because of bodily injury to or death of one person in any one accident, and, subject to the limit for one person, in the amount of fifty thousand dollars because of bodily injury to or death of two or more persons in any one accident, and in the amount of twenty-five thousand dollars because of injury to or destruction of property of others in any one accident.

  • Institutional Responsibilities means an Investigator’s professional responsibilities on behalf of the University, which may include for example: activities such as research, research consultation, teaching, professional practice, University committee memberships, and service on panels such as Institutional Review Boards or data and safety monitoring boards.

  • parental responsibility , in relation to a child, means all the duties, powers, responsibilities and authority which, by law, parents have in relation to children.

  • Designated crisis responder means a mental health

  • Contingent Emergency Response Part means any activity or activities to be carried out under Part 4 of the Project to respond to an Eligible Crisis or Emergency.

  • Responsibilities means the responsibilities delegated to BNY under the Rule as a Foreign Custody Manager with respect to each Specified Country and each Eligible Foreign Custodian selected by BNY, as such responsibilities are more fully described in Article III of this Agreement.

  • Completion of Services means..................................................

  • Responsibility means a duty for which a person is accountable by virtue of licensure.

  • Emergency responder means an individual who is required to possess a license, certificate, permit, or other official recognition for his or her expertise in a particular field or area of knowledge and whose assistance is utilized or is desirable during an emergency. Emergency responder includes, but is not limited to, emergency medical services personnel; physicians; nurses; mental health, veterinary, or other public health practitioners; emergency management personnel; public works personnel; and firefighters, including firefighters trained in the areas of hazardous materials, specialized rescue, extrication, water rescue, or other specialized area. Emergency responder does not include law enforcement officers or other law enforcement personnel.

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • Scope of Services or “Scope of Work” means the work to be performed by the Proposer or Consultant as described in Section 2.0 of this RFP, as amended thereto.

  • Institution of higher learning means an educational institution located within this state meeting all of the following requirements:

  • Claims Administration means the processing of claims made under the Shared Policies, including the reporting of claims to the insurance carriers, management and defense of claims and providing for appropriate releases upon settlement of claims.

  • Economic Load Response Participant means a Member or Special Member that qualifies under Operating Agreement, Schedule 1, section 1.5A, and the parallel provisions of Tariff, Attachment K-Appendix, section 1.5A, to participate in the PJM Interchange Energy Market and/or Ancillary Services markets through reductions in demand.

  • service delivery and budget implementation plan means a detailed plan approved by the mayor of a municipality in terms of section 53(1) (c) (ii) for implementing the municipality’s delivery of municipal services and its annual budget.

  • Debilitating medical condition means one or more of the following:

  • Supply of services means any transaction which does not constitute a supply of goods.

  • Implementation Letter means the letter of even date herewith, from the Borrower to the Bank, containing the performance indicators for Project monitoring and evaluation;

  • Responsible Respondent means a Respondent that has the capability in all material respects to perform the scope of work and specifications of the Contract. In determining whether a Respondent is a Responsible Respondent, the Agency may consider various factors including, but not limited to, the Respondent’s competence and qualifications to provide the goods or services requested, the Respondent’s integrity and reliability, the past performance of the Respondent and the best interest of the Agency and the State.

  • A person responsible for a child s welfare" means: