Substitute Contribution definition

Substitute Contribution has the meaning set forth in Section 4.2(b).
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Substitute Contribution is defined in Section 3.2.3.2.2.
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Substitute Contribution means the Employer Contribution provided in Section 4.1.
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Examples of Substitute Contribution in a sentence

  • CBA 10.2.3 The twenty (20) days are fifteen (15) days if the employee used five (5) days of sick leave at the Cost of a Substitute Contribution Rate in Step 3.

  • If all accrued leave has been used, the employee may take up to an additional twenty (20) days sick leave per year, receiving a reduction in pay equal to a Cost of Substitute Contribution Rate for the amount of additional days actually utilized.

  • The cost of these extra days will be deducted from the employee's pay at The Cost of a Substitute Contribution Rate plus five dollars ($5.00).

  • The parties recognize that Teachers will receive paid health insurance benefits during periods of paid leave such as sick leave, sick leave at the Cost of a Substitute Contribution Rate, or days provided by the sick leave bank.

  • Effective August 1, 2022, the Cost of a Substitute Contribution Rate shall equal $100 per day.

  • The cost of these extra days will be deducted from the absentee’s pay at the Cost of a Substitute Contribution Rate, plus five dollars ($5.00) for each day used.

  • If all accumulated sick leave has been used, a Teacher may take up to an additional twenty (20) days sick leave per year with the Teacher receiving a reduction in pay equal to the Cost of a Substitute Contribution Rate for the amount of additional days actually utilized.

  • Effective August 1, 2023, the Cost of a Substitute Contribution Rate shall equal one hundred four dollars ($104) per day.

  • For each sick day beyond five (5) but no more than ten (10), the retiree’s pay will be reduced by the Cost of a Substitute Contribution Rate.

  • For each sick day beyond five (5) but no more than ten (10), the retiree's pay will be reduced by the Cost of a Substitute Contribution Rate.


More Definitions of Substitute Contribution

Substitute Contribution has the meaning set forth in Section 4.01(d). “Substitute Contribution Election” has the meaning set forth in Section 4.01(d). “Third Appraiser” has the meaning set forth in Section 2.05(d)(ii).
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Substitute Contribution has the meaning set forth in Section 7.1(c).
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Related to Substitute Contribution

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Qualified Nonelective Contribution (QNEC) means the Employer's contributions to the Plan that are made pursuant to Sections 12.1(a)(4), 12.5 and 12.7 or pursuant to any other Plan provision which provides for such contributions.

  • Excess Contribution means a contribution that exceeds the

  • Nonelective Contribution means an amount contributed by a participating

  • In-kind contribution means a contribution of goods or services received by a candidate committee, joint candidates committee, political committee, continuing political committee, political party committee, or legislative leadership committee, which contribution is paid for by a person or entity other than the recipient committee, but does not include services provided without compensation by an individual volunteering a part of or all of his or her time on behalf of a candidate or committee.

  • Qualified Nonelective Contributions means contributions of the Plan Sponsor or an Affiliate, other than Matching Contributions or Elective Deferrals, which are nonforfeitable when made, and which would be nonforfeitable regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Code Section 401(k)(2)(B) and the regulations thereunder.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee’s account under any plan of an Employer or a Related Company solely on account of “elective contributions” made on his behalf or “employee contributions” made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Rollover Contribution means any rollover contribution to the Plan made by a Participant as may be permitted under Article V.

  • Additional Contribution Each Member's pro-rata portion of a Required Amount, determined by multiplying the Required Amount by each Member's Interest.

  • State contribution means the lesser of:

  • Elective Contribution means the Employer contributions to the Plan of Deferred Compensation excluding any such amounts distributed as excess “annual additions” pursuant to Section 4.11(a). In addition, any Employer Qualified Non-Elective Contribution made pursuant to Section 4.7(b) which is used to satisfy the “Actual Deferral Percentage” tests shall be considered an Elective Contribution for purposes of the Plan. Any contributions deemed to be Elective Contributions (whether or not used to satisfy the “Actual Deferral Percentage” tests or the “Actual Contribution Percentage” tests) shall be subject to the requirements of Sections 4.2(b) and 4.2(c) and shall further be required to satisfy the nondiscrimination requirements of Regulation 1.401(k)-1(b)(5) and Regulation 1.401(m)-1(b)(5), the provisions of which are specifically incorporated herein by reference.

  • Qualified Non-Elective Contribution means any Employer contributions made pursuant to Section 4.1(c) and Section 4.6(b) and Section 4.8(f). Such contributions shall be considered an Elective Contribution for the purposes of the Plan and may be used to satisfy the "Actual Deferral Percentage" tests or the "Actual Contribution Percentage" tests.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Matching Contribution means Employer contributions made to this Plan or any other defined contribution plan by reason of Thrift Contributions or Elective Deferrals under this Plan.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Qualifying contribution means, with respect to a

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

  • Member contribution means a contribution under regulation 32;

  • Contribution Rate means, in a reserve study as described in RCW 64.38.065, the amount contributed to the reserve account so that the association will have cash reserves to pay major maintenance, repair, or replacement costs without the need of a special assessment.

  • Contribution Date has the meaning set forth in Section 4.3 hereof.

  • Charitable contribution means any donation or gift of money or any other thing of value.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).