Sentences with phrase «local compensation fund»

A regulated lawyer has professional liability insurance coverage (mandatory in Canada) and is also «covered» for theft by their local compensation fund.

Not exact matches

The government has already promised 100,000 pounds in compensation funding for local communities as well as a share of revenue raised from shale gas sales.

· Allowing counties an option to modify how they fund state mandated pension contributions · Providing counties more audit authority in the special education preschool program · Improving government efficiency and streamlining state and local legislative operations by removing the need for counties to pursue home rule legislative requests every two years with the state legislature in order to extend current local sales tax authority · Reducing administrative and reporting requirements for counties under Article 6 public health programs · Reforming the Workers Compensation system · Renewing Binding Arbitration, which is scheduled to sunset in June 2013, with a new definition of «ability to pay» for municipalities under fiscal distress, making it subject to the property tax cap (does not apply to NYC) where «ability to pay» will be defined as no more than 2 percent growth in the contract.

Still on the table: Education funding — a battle that is again pitting traditional public schools against charters — worker's compensation reforms that the business community and its Senate GOP allies have been pushing, and the governor's ongoing desire for local government consolidation.

Widely regarded as the most substantial departure to date from the traditional «step - and - lane» pay scale, the «Professional Compensation plan for teachers» required Denver's teachers to vote for a new pay model and local voters to boost taxes by $ 25 million annually to fund the program.

Tennessee will create a competitive Innovation Acceleration Fund to support the adoption and implementation of alternative compensation systems at the local level.

Property taxes constitute the primary funding source, and Section 9 - 107 of Tort Immunity Act authorizes local public entities to levy a property tax to fund expenses for tort judgment and settlement, liability, security, Workers» Compensation, unemployment insurance and risk management.

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.

Active in several local and national parent groups focused on education, Julie Woestehoff reported grassroots support for resisting the federally funded push to tie teacher jobs and compensation to test scores.

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.

Local spokesperson Derry McKeever said the riders will be drawing attention to the WSIB plan to withdraw $ 2 billion annually from the employer - funded system that sustains the workers compensation benefits required by injured workers.

We advise our fund formation clients on all aspects of fund organization, including lead and incubation investment negotiations, domicile selection, exemption from registration, fee and compensation structures, and maintaining compliance with complex local and international regulations.

• 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.