First year of eligibility definition

First year of eligibility means the school year during which a student first becomes eligible for and participates in high school interscholastic athletics and ending on the day prior to the first day of school of the student’s second year of eligibility.
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First year of eligibility means the school year a student first enters ninth grade and ends the day prior to the first day of school of their second year of eligibility.
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First year of eligibility and ”first becomes eligible” as used in this Section means a school year in which the employee: 1) meets the qualifications of Section 7.041, and 2) meets one of the following: a) the teacher first becomes eligible for any age and service retirement benefits under the State Teachers Retirement System, having not previously been eligible for any age and service retirement benefits, or b) the teacher becomes eligible for age and service retirement benefits under the State Teachers Retirement System with 30 years of service, even if the teacher had previously been eligible for an age and service retirement with fewer than 30 years of service, or c) the teacher is eligible for age and service retirement benefits under the State Teachers Retirement System and has not been previously eligible for an early retirement incentive under the Early Retirement Incentive Program of 2005.
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Examples of First year of eligibility in a sentence

  • First year of eligibility, for the purpose of this Section, includes both the first year a bargaining unit member is eligible to retire under SERS and the year in which a bargaining unit member reaches thirty (30) years of service for SERS purposes (i.e. if the member becomes/is eligible under the "55/25 Rule" and does not take the incentive, he/she will have another chance to take the incentive at thirty (30) years).

  • Must have at least 10 years of service with Xxxxxxx Township Schools Employee chooses to retire within state guidelines listed above: First year of eligibility $20,000 total -$5,000 per year for 4 years Second year of eligibility $12,000 total - $4,000 per year for 3 years Third year of eligibility $6,000 total - $3,000 per year for 2 years Fourth year of eligibility $2,000 total over 1 year Once an employee passes his/her fourth year of eligibility that employee is no longer eligible for the ERI.

  • Bonus AGE Percent of final base salary First year of eligibility 100 Second year of eligibility 90 Third year of eligibility 80 Fourth year of eligibility 70 Fifth year of eligibility 60 Sixth year of eligibility 50 Seventh year of eligibility 40 Eighth year of eligibility 35 The ninth year of eligibility (Severance plan described in Severance & Early Retirement is applicable).

  • Student-wrestlers must maintain a minimum 2.0 cumulative GPA after their First year of eligibility to compete.

Related to First year of eligibility

  • Year of Eligibility Service means, for any Employee, a credit used to determine his eligibility to participate under the Plan, as further described in Section 2.2.

  • completed year of service means continuous service for one year;

  • Year of Vesting Service means a vesting computation period during which you complete 1,000 hours of service during the Plan Year.

  • Year of Service means the computation period of twelve (12) consecutive months, herein set forth, during which an Employee has at least 1000 Hours of Service.

  • Eligibility Waiting Period means the continuous length of time you must be in Active Employment in an eligible class to reach your Eligibility Date.

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Eligibility Computation Period means a 12-consecutive month period beginning with your first day of employment. Any succeeding Eligibility Computation Period will then switch to the Plan Year, beginning with the Plan Year that includes your first anniversary of employment. You will generally earn an hour of service for each hour you are paid for the performance of duties for the Company (however, numerous exceptions and special rules apply).

  • Eligibility Service of an employee means the period or periods of service credited to him under the provisions of Article II for purposes of determining his eligibility to participate in the Plan as may be required under Article III or Article VI.

  • First Year means the intake group of Students for the most junior class or year in a school.

  • Retirement Eligibility means Employee’s attainment of 60 years of age and ten years of continuous employment with Corporation.

  • Plan Year means the calendar year.

  • Year of Employment means a period of service of 12 months.

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.

  • Plan Year(s means the approximate twelve-month periods between annual meetings of the shareholders of the Company, which, for purposes of the Plan, are the periods for which annual retainers are earned.

  • Class Year Study means a Class Year Interconnection Facilities Study as that term is defined in OATT Section 25 (OATT Attachment S).

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Budget month means the calendar month from which nonfinancial and financial information is used to determine eligibility (see section (28) of this rule) and benefit level for the payment month (see section (50) of this rule).

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.