Tier 3 member definition

Tier 3 member means any operator of a tier 2 facility, as defined in K.S.A. 66-1802 and amendments thereto, that meets the requirements for a tier 3 facility, as defined in K.S.A. 66-1802 and amendments thereto, and elects to be a tier 3 member of the notification
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Tier 3 member means an Affiliate Member.
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Tier 3 member means a member of the System with a date of membership on or after July 27, 1976, but before September 1, 1983, whose benefits are determined pursuant to the provisions of Article 14 of the Retirement and Social Security Law.
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Examples of Tier 3 member in a sentence

  • On that date, the Tier 2 member-employee contribution rate remained at 6% of covered salary, and the Tier 3 member contribution rate was established at 6% of covered salary.

  • The text features a history of registration methods and the standards for collection documentation and care, along with sample documents such as loan agreements, co-tenancy agreements, storage agreements and deeds of gift.» Sample DocumentsThe Information Center’s sample document collection is a unique and valuable resource for Tier 3 member museums.

  • KPERS has multiple benefit structures and contribution rates depend on whether the employee is a Tier 1, Tier 2, or Tier 3 member.

  • However, if I am a Tier 3 member electing to retire under Article 14, I may only request an Alternative that provides a Survivor Option of 1% to 90% at my death.

  • This option is not available to me if I am a Tier 3 member retiring under Article 14.Guarantee Period Options 5-Year 10-YearI elect to receive a reduced lifetime benefit.

  • Non-preferred diabetic testing supplies are considered a Tier 3 member copay.

  • An employee of the City of Los Angeles who meets the membership requirements contained in Section 4.1080.2.Notwithstanding the foregoing, a person who is no longer employed by the City but who qualifies for reciprocity under Section 4.1096 and whose Tier 3 member contributions remain on deposit with the Retirement Fund may be considered to be a member, but only to the limited extent necessary to comply with the reciprocity provisions contained in Section 4.1096.

  • A Tier 3 member shall be eligible to retire after reaching agesixty-three (63) with a retirement factor of two and one-tenth percent (2.1%), provided he or she has at least thirty (30) years of service, including at least five (5) years of continuous City service.(b) Continuous City Service Requirement.

  • However, if I am a Tier 3 member electing to retire under Article 14, I may only request an Alternative that provides a Survivor Option of 1% to 90% at my death.Please provide a specific description here: RET-54 (2/12)EmplIDSocial Security Number OR – – DESIGNATION OF BENEFICIARYPlease indicate below (and on page 4 if needed) the beneficiary(ies) for your benefit.

  • A Tier 3 member who is eligiblefor retirement under this section may file a service retirement application with the Board of Administration specifying a retirement date.


More Definitions of Tier 3 member

Tier 3 member means any operator of a tier 2 facility, as defined in K.S.A. 66-1802 and amendments thereto, that meets the requirements for a tier 3 facility, as defined in
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Tier 3 member means any member hired into a position of employment with the City on or after January 1, 2016 who is not a Tier 1 Member or a Tier 2 Member.
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Tier 3 member means any operator of a tier 2 facility, as defined in K.S.A. 66-1802 and amend- ments thereto, that meets the requirements for a tier 3 facility, as defined in K.S.A. 66-1802 and amend- ments thereto, and elects to be a tier 3 member of the notification center.
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Related to Tier 3 member

  • Eligible Member means an employee who is enrolled in one of the designated benefits plans for which you offer participation in the wellness incentive program prior to the end of the first six months of the policy year and who remains enrolled in one of the designated benefits plans at the end of the policy year. Eligible Member also means the employee’s dependents to the extent that dependents are eligible to participate in the Blue Cross and Blue Shield wellness incentive program.) To qualify for a group wellness incentive award, you must meet the following program participation conditions: • You are a group eligible to offer the program as determined by Blue Cross and Blue Shield; and • You elect to offer the Blue Cross and Blue Shield wellness incentive program to your Members who are eligible to participate in the program at the start of your policy year and you continue the program for eligible Members through the end of the policy year; and • At least 20% of your Members who are eligible for the program must participate in the program during the policy year in which you offer the wellness incentive program; and • This Agreement is not be terminated before the end of the policy year in which you offer the wellness incentive program. When you offer a Blue Cross and Blue Shield wellness incentive program, Blue Cross and Blue Shield will determine if you qualify for a group incentive award within 90 days after the end of the policy year. Your group wellness incentive award will be calculated as a percentage of the total medical insurance premium you paid for the policy year for benefits plans for which you offer wellness incentive program participation, excluding any premium payments that are received by Blue Cross and Blue Shield after the end of the policy year. The percentage used to calculate your wellness incentive award will vary depending on how many of your eligible Members participate in the program during the policy year as follows: 1.25% when 20% to 49% of eligible Members participate; or 2.5% when 50% to 79% of eligible Members participate; or 7.5% when 80% to 100% of eligible Members participate. For the purpose of calculating your group wellness incentive award, an eligible Member who earns his or her individual maximum member wellness incentive payment in the policy year is considered to have participated in the program for that policy year. If you qualify for a group incentive award, Blue Cross and Blue Shield will issue the incentive amount to you (by means of a credit and/or a check) once the incentive amount has been calculated. You are solely responsible for determining whether you have any obligation to distribute all or part of your group wellness incentive award to your employees, or to credit a portion of your group wellness incentive award toward their benefits, or otherwise to notify them of your group wellness incentive award. You agree to indemnify and hold Blue Cross and Blue Shield harmless from any and all actions that may be brought against you or Blue Cross and Blue Shield due to your failure to provide any required distribution of, credit, or notification about, your group wellness incentive award to your employees.

  • Full Member means any person who is in one of the categories of membership referred to in Rule 10.3.

  • Lead Member shall, in the case of a joint venture, mean the member of such joint venture who shall have the authority to bind the contractor and each member of the Joint venture; and shall be deemed to be the Contractor for the purposes of this Agreement; the Lead Member shall itself undertake and perform at least 51% (fifty one per cent) of the total length of the Project Highway;

  • Service member means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard.