Tier II Employees definition

Tier II Employees means the employees determined by the Committee in its sole discretion from time to time to be Tier II Employees and identified as such in the records of the Plan maintained by the Company at any time during the term of the Plan.
Tier II Employees means the employees determined by the Committee from time to time to be Tier II Employees and identified as such in the records of the Plan maintained by the Company at any time during the term of the Plan.
Tier II Employees means the employees designated as “L4” or “L3” by the Company.

Examples of Tier II Employees in a sentence

  • Tier II: Employees whose first day of employment was prior to July 1, 2001 and with less than twelve (12) years of service as of July 1, 2000, shall receive a maximum payment of $40,000.

  • After completion of successful employment: 5 years $1550 10 years $1650 15 years $1750 20 years $1800 25 years $1850 30 years $1950 35 years $2050 New Tier II Employees on or after January 1, 2009, will commence with longevity at the beginning of their tenth (10) year of service in accordance with contractual language.

  • For employees hired on or after May 13, 2012 that are considered “classic members” in the PERS system (Tier II Employees), the Agency will continue to provide the 2% @ 55 PERS Miscellaneous Members Retirement for each employee covered by this agreement.

  • Tier II: Employees whose first day of employment was prior to July 1, 2001 and with less than twelve (12) years of service as of July 1, 2000, shall receive a maximum payment of 40% of the employee’s final annual salary.

  • Tier II: Employees hired subsequent to July 1, 1973, non-contributory employees.

  • Any Tier I or Tier II Employees who do not qualify for a benefit package, may purchase benefits through the current provider at their own expense.

  • There are two tiers within the plan: Tier I: Employees hired prior to September 30, 2005 Tier II: Employees hired on or after October 1, 2005 Regular employees are eligible for a full-service retirement annuity when they have completed 30 years of credited service or have attained the age of 60 with at least 10 years of credited service.

  • Tier II: Employees Hired from July 1, 1985 through June 30, 2000 Professional employees initially employed by the Employer on or after July 1, 1985, but before July 1, 2000, shall be eligible for a one-time Service Increment as follows: $1,000 in the 16th year of professional employment; $1,500 in the 21st year of professional employment; $2,000 in the 26th year of professional employment; $2,500 in the 31st, 36th, 41st, and 46th years of professional employment.

  • There are two tiers within the plan:Tier I: Employees hired prior to September 30, 2005 Tier II: Employees hired on or after October 1, 2005 Regular Tier I employees who have completed thirty (30) years of credited service or have attained age sixty (60) with at least ten (10) years of credited service are eligible for a full-service retirement annuity.

  • Tier II Employees who retire after June 30, 2021 will receive benefits described herein, but are not eligible to continue coverage in the group health plan as a retiree.


More Definitions of Tier II Employees

Tier II Employees. - means all employees of the Participating Employers, other than Tier I Employees, who are classified by the Company as G-6 level (Executive Director) or above (or any successor classifications) immediately prior to the Change in Control.
Tier II Employees means those employee of the Inergy Group designated Tier II Employees in the Eligible Employee Schedule.

Related to Tier II Employees

  • Designated Employees means a person occupying any of the following position in the Company:

  • Active Employees means all employees employed on the Closing Date by Seller for its business who are employed exclusively in Seller’s business as currently conducted, including employees on temporary leave of absence, including family medical leave, military leave, temporary disability or sick leave, but excluding employees on long-term disability leave.

  • Continuing Employees shall have the meaning set forth in Section 6.9(a).

  • Eligible Employees means each employee of the Company or an Affiliate.

  • Excluded Employees has the meaning set forth in Section 14.1.

  • Newly hired employee or “New Hire” means any employee, whether permanent, full-time, or part-time, hired by the Office and who is still employed as of the date of new employee orientation. It also includes all employees who are or have been previously employed by the Office and whose current position has placed them in the bargaining unit represented by CSEA. For those latter employees, for purposes of this article only, the “date of hire” is the date upon which the employees’ employment status changed as such that the employee was placed in the CSEA unit.

  • Affected Employees means those employees who are exposed to the hazard(s) identified as a violation(s) in a citation.

  • Transferred Employee has the meaning set forth in Section 6.01(a).

  • Transferred Employees has the meaning set forth in Section 6.4(a).

  • Continuing Employee has the meaning set forth in Section 6.7(a).

  • Hired Employees shall have the meaning set forth in Section 7.5(a).

  • Company Employees shall have the meaning set forth in Section 6.10(a).

  • Key Employees means Xxxxx Xxxxxxx and Xxxxxxx Xxxxxxx.

  • Current Employees has the meaning set forth in Section 5.6(a).

  • Active Employee means a contributing member of the TRS who is employed by a public school and is not entitled to coverage under a plan provided under Insurance Code Chapter 1551 (Texas Em- ployees Group Benefits Act) or 1601 (State University Employees Uniform Insurance Benefits Act).

  • Retained Employees has the meaning set forth in Section 6.1.1.

  • Business Employees has the meaning set forth in Section 4.10(a).

  • Relevant Employees means the employees who may be affected by a change referred to in subclause (1).

  • Hired Employee has the meaning set forth in Section 6.1.6.

  • Covered Employees means all employees and agents of the Company who are responsible for performing, supervising, overseeing, or managing activities related to the maintenance of online political files, as required by the Political Record- Keeping Statute and Rule.

  • Qualifying Employee means any employee of Managing Agent or Parent or any of their respective subsidiaries who is and has been an employee of Managing Agent or Parent or any of their respective subsidiaries for at least thirty-six (36) months.

  • Affected employee means an employee who would be affected by the grant or denial of a variance, or any one of the employee’s authorized representatives, such as the collective bargaining agent.

  • Inactive Employee means an employee who is not actively at work due to approved leave of absence, short-term disability leave or military leave.

  • Regular Employee is one who is hired to work on a full-time or part-time basis on regularly scheduled shifts of a continuing nature;

  • Seller Employees shall have the meaning ascribed thereto in Section 7.4(a) hereof.

  • U.S. Employee means a person who is an employee of the Company (or of any Subsidiary) for purposes of section 422 of the Code.