Sentences with phrase «compensation funds payments»

Not exact matches

The Committee shall receive appropriate funding from the Company, as determined by the Committee in its capacity as a committee of the Board, for the payment of compensation to its compensation consultants, outside legal counsel and any other advisors.
In the settlement, MassMutual will pay out over $ 9MM in cash compensation, give a 60 - day window for any planned fund changes, and, most importantly, clearly disclose fees and expense ratios in plan funds as well as any revenue sharing payments it receives.
«The major theme for everybody is taxes, and we have to focus on achieving better PILOT funding,» Santangelo said, referring to «payment in lieu of taxes,» a compensation for revenue lost due to tax exempt property.
If the law is not renewed and fully funded, patients will be deprived of treatment, while families already awarded compensation could see their payments cut by half.
However, according to documents, Olojeme and some directors in the company allegedly diverted billions of naira including funds meant for the payment of allowances of its staff as well as compensation to contributors.
Employee compensation makes up less than 20 percent of Albany's state operating funds budget, which consists overwhelmingly of aid to localities and transfer payments to individuals, including welfare and Medicaid.
«The board entered into «deferred compensation» agreements with a former sanitation supervisor and his successor, and made payments from the district's general fund, despite having no legal authority to do so,» the comptroller's report stated.
The charter schools model offers a community a way to create a school that often has lower operating costs than traditional schools — particularly for employee compensation — and greater flexibility in class offerings, all funded with federal start - up money and a large portion of the annual per - pupil payment from the state for public school students.
e. Any incentive for teachers included in a compensation system developed and implemented by a local school division must meet the following criteria: 1) designate incentive payments as a range or tiers for target groups, such as differentiating between the teacher of record or teachers in support positions; 2) have a maximum payment to a teacher of $ 5,000 per year; 3) prorate payments for teachers who have taught for less than a full school year; and 4) performance evaluations for participating teachers must be completed in a timeline that provides sufficient time to distribute incentive funds to teachers and submit reimbursement requests to the Department of Education no later than June 1, 2015, for the first year and June 1, 2016, for the second year.
Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 % and exemption for veterans receiving VA compensation)
If you received a reimbursement amount as part of a compensation payment, you do not have to reduce your eligible medical expenses, unless the amount was received from a government, public authority, society, association or fund.
The Funds» distributor and other entities are paid under the Plans for services provided and the expenses borne by the distributor and others in the distribution of Fund shares, including the payment of commissions for sales of the shares and incentive compensation to and expenses of dealers and others who engage in or support distribution of shares or who service shareholder accounts, including overhead and telephone expenses; printing and distribution of prospectuses and reports used in connection with the offering of the Funds» shares to other than current shareholders; and preparation, printing and distribution of sales literature and advertising materials.
Additional Compensation To Financial Intermediaries: The Distributor, its affiliates, and the Funds» adviser and their affiliates may each, its own expense and out of its own assets including legitimate profits, provide additional cash payments to financial intermediaries who sell shares of the Funds.
With that change, the bill now represents a win - win - win — ensuring the continuation of much needed medical payments and compensation for miners while also cleaning up abandoned mine sites by funding projects that simultaneously spur local economic and community development.
It would also restrict access to the Solicitors Compensation Fund and reduce maximum payments from # 2m to # 500,000.
If they accept responsibility, we'll try to secure interim compensation payments which can fund private medical care (including corrective procedures) and ongoing expenses, before your claim fully settles.
The member was unable to provide adequate documentary evidence to support such a defence or to support his claim for increased compensation for late payment of his AVC fund.
Various options are proposed to tackle the issue: rehabilitation vouchers - these address the point of «phantom» attendance for rehabilitation, but may be complex to administer; all rehabilitation arranged and paid for by defendants - the MoJ notes that this would help speed up access to treatment and increase independence and transparency; no compensation payment towards rehabilitation in low value claims - the claimant would need to fund this and primary legislation would be needed to achieve this as at present there is no intention to restrict recovery of special damages; expand MedCo to include rehabilitation providers; and introducing fixed recoverable damages for rehabilitation treatment - the MoJ notes that this could be difficult and invites comment as to whether this would be achieved via a fixed cost per session or by fixing an upper value limit that can not be exceeded.
Workers» compensation funds can provide substantial payments for permanent disfigurement or scars, vocational retraining if the injury prevents the worker from returning to their original job and death benefits for immediate family members if the worker was killed on the job.
The Mesothelioma Act 2014 saw the introduction of the Diffuse Mesothelioma Payment Scheme, which placed a levy on insurers and established a compensation fund so that mesothelioma victims who were unable to trace a former employer or insurer could still have recourse to claim compensation.
The action seeks the repayment of all amounts improperly removed from the participating policyholders» account, appropriate interest or other compensation for the loss of the use of the removed funds, disgorgement of any benefits obtained by the Defendants from the use of the funds and an order compelling the payment of dividends, bonuses or other benefits to the class.
In Saskatchewan, the Workmen's Compensation (Accident Fund) Act was assented to on February 2, 1929 and came into force for the payment of benefits on July 2, 1930.
The available funds held in trust are completely separate from compensation provided through Common Experience Payments, Independent Assessment Payments and Personal Education Credits.
One of the first things he did was to announce that payments from the victim compensation fund would be suspended for at least 30 days.
In the BP case, he says, Feinberg required plaintiffs to sign a «Release and Covenant Not to Sue» in order to receive payments from the $ 20 billion BP Deepwater Horizon Disaster Victim Compensation Fund.
The 2007 workers» compensation reform legislation required a private insurer that fails to settle with a permanently partially disabled worker to deposit the present value of future compensation payments into an Aggregate Trust Fund (ATF).
We do not consider a financial institution to be acting on behalf of a covered entity, and therefore no business associate contract is required, when it processes consumer - conducted financial transactions by debit, credit or other payment card, clears checks, initiates or processes electronic funds transfers, or conducts any other activity that directly facilitates or effects the transfer of funds for compensation for health care.
We note that we do not consider a financial institution to be acting on behalf of a covered entity, and therefore no business associate contract is required, when it processes consumer - conducted financial transactions by debit, credit or other payment card, Start Printed Page 82505clears checks, initiates or processes electronic funds transfers, or conducts any other activity that directly facilitates or effects the transfer of funds for compensation for health care.
He then filed a petition individually and as personal representative of his son's estate for payment of excess damages out of Indiana Patient's Compensation Fund («the Fund»).
If they accept responsibility, we'll try to secure interim compensation payments which can fund private medical care and ongoing expenses, before your claim fully settles.
Payment of compensation towards Education Fund for the dependent children of the insured as 10 % of the CSI subject to a maximum of Rs. 5,000 / - for one dependent child and for more than one dependent children the payment shall be equal to 10 % of CSI subject to a maximum of Rs. 10,Payment of compensation towards Education Fund for the dependent children of the insured as 10 % of the CSI subject to a maximum of Rs. 5,000 / - for one dependent child and for more than one dependent children the payment shall be equal to 10 % of CSI subject to a maximum of Rs. 10,payment shall be equal to 10 % of CSI subject to a maximum of Rs. 10,000 / -
A business executive underreported payroll defrauding the New York State Insurance Fund for $ 25 million in worker's compensation insurance payments.
In many cases, if the person simply does not have the funds to make payments, you may never see any compensation.
Benefits: Additional compensation provided by employer to employee that supplement wage / monetary payment, and may include: paid vacation, sick leave, child care, retirement / pension fund, stock options, health / dental insurance, bonuses, tuition subsidies, etc..
• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the company employees every month on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll management and for detailed analysis of financial facets of payroll • Gave suggestions to the management for the policy and procedure updates and refreshers related to payroll management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities on monthly basis.
Interestingly, Weight Watchers funded this study, and all participants received compensation, so it is possible that receiving payment incentivized behavior change.
In addition, the government could consider tying the announced funding to state and territory governments for native title compensation payments, to state and territory behaviour in native title agreement making and the settlement of broader agreements.
deliver compensation to members of the Stolen Generations in Commonwealth jurisdictions (Northern Territory, ACT and Jervis Bay), including, ex gratia payments of $ 75,000 to living Stolen Generations survivors and one - off payments of $ 7,000 under a Funeral Assistance Fund
71 (1) On making a payment under section 68 [payments from fund], regardless of whether it is a payment of all or only part of the loss suffered by the person claiming the compensable loss, the compensation fund corporation is subrogated for the amount paid to all rights of recovery of that person as against any other person.
«compensation committee» means a hearing committee established to make determinations and assessments of compensable loss under Part 5 [Payments from Special Compenscompensation committee» means a hearing committee established to make determinations and assessments of compensable loss under Part 5 [Payments from Special CompensationCompensation Fund];
(iii) for the purposes of considering a claim under Part 5 [Payments from Special Compensation Fund], or
(3) The compensation fund corporation must provide a copy of the report to any person requesting the copy, on payment of any reasonable fee established by the compensation fund corporation.
(3) If the compensation fund corporation considers that the maximum under subsection (1) may apply to restrict payment of claims in relation to a responsible brokerage,
114 In addition to amounts required to be paid under Part 5 [Payments from Special Compensation Fund], the compensation fund corporation may authorize payment out of the special compensation fund for expenCompensation Fund], the compensation fund corporation may authorize payment out of the special compensation fund for expenses incuFund], the compensation fund corporation may authorize payment out of the special compensation fund for expencompensation fund corporation may authorize payment out of the special compensation fund for expenses incufund corporation may authorize payment out of the special compensation fund for expencompensation fund for expenses incufund for expenses incurred
72.3 (1) On making a payment under section 72.2 [payment to complete trade or prevent loss], regardless of whether it is a payment of all or part of the loss suffered by the person referred to in section 72.1 (2)(a), the compensation fund corporation is subrogated to all rights of recovery of that person as against any other person, for the amount paid less any amount re-paid, or that must be re-paid, under section 72.4 (1).
Specifically, the Bureau proposed to include in the Closing Disclosure the disclosure requirements under Dodd - Frank Act sections 1402 (a)(2)(requires disclosure of loan originator identifier), 1414 (c)(requires disclosure of anti-deficiency protections), 1414 (d)(requires disclosure of partial payment policy), and 1419 (requires disclosure of certain aggregate amounts and wholesale rate of funds, loan originator compensation, and total interest as a percentage of the principal amount of the loan), and require them to be included in the Closing Disclosure for transactions secured by a consumer's interest in a timeshare plan.
The comments received in response to the proposed rule were extremely similar, if not the same, as the arguments of commenters discussed in the 2013 ATR Final Rule, the 2013 Loan Originator Final Rule, and the May 2013 ATR Final Rule, such as: That the identity of a loan originator is not needed to be disclosed, that the amount of loan originator compensation can not be calculated on the date of consummation due to post-consummation events such as quarterly bonus and profit - sharing compensation, that the term compensation is unclear and overly broad, that the amount of compensation is difficult to calculate, and that compensation to loan originators can be double - counted because both upfront fees and future interest payments can be the source of the funds used for compensating loan originators.
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