Fund Salary definition
Fund Salary means the salary used for the calculation of employer and employee contributions to the fund and is calculated as follows:
Fund Salary means the salary based on the employee’s monthly wage, calculated as follows: AxBx4.333
Fund Salary means the Member's basic annual salary or wages, adjusted on a basis agreed to from time to time between the Employer and the Member; provided that for the purposes of the Fund, Fund Salary shall be determined on the first day of each month of membership of the Fund.
Examples of Fund Salary in a sentence
The Fund Salary of Employees for superannuation benefit purposes shall be equal to their annualised salary as provided in Attachment 1.
Fund Continuance Plan Participation in the Teachers’ Salary Indemnity Fund Salary Continuance Plan shall be a condition of employment for all teachers appointed to the District after January for this paid totally by the EMPLOYEE ASSISTANCE PLAN Effective April the Board shall pay Seventy-five percent (75%) of the cost of a mutually agreed upon Employee Assistance Plan.
More Definitions of Fund Salary
Fund Salary means the Member’s basic annual stipend; provided that:
Fund Salary means the employee’s salary which
Fund Salary means that amount of the Member's annual remuneration upon which the Employer contributes;
Fund Salary means the annual wages or salary of the Member, together with such other regular emoluments as the Employer shall deem to be pensionable, and declared to the Fund from time to time in the currency of the Republic of South Africa.
Fund Salary means that portion of a MEMBER’S total remuneration, as agreed from time to time between a MEMBER and EMPLOYER as specified in the SPECIAL RULES, on which his/her contributions toward his/her FUND CREDIT shall be based.
Fund Salary means the Member’s basic annual salary or wages, adjusted on a basis agreed from time to time between the Employer and the Member;