Sentences with phrase «on years of service»

Teachers used to earn annual raises based on years of service and level of education.

Workers were given a bonuses depending on years of service, lot prices subsidized, and assistance given to apply for the government aid.

Teachers are paid the same depending only on their years of service and level of academic preparation.

The local district continues to base teacher pay on years of service and advanced degrees, rather than on merit.

Like public - school teachers today, letter carriers in the federal civil service in 1955 were paid on a stepped progression schedule with increases based on years of service.

The amount of the pension depends on years of service and the average of the highest three years of salary.

If Grab is unable to find a suitable role for you, you will be notified and offered a severance package based on your years of service with Uber.

Defined benefit pension formulas rely on years of service, so more years of service means a greater pension benefit for the rest of that teacher's lifetime.

Basing eligibility for retirement on years of service creates unnecessary and often unfair peaks in pension wealth, while allowing unreduced retirement at a young age creates incentives to retire early.

The role is certain to draw on his years of service with Mr. Cuomo, but in doing so may pose complications given the restrictions of public - officers law.

While Hawaii did move its retirement ages more in line with Social Security, retirement based on years of service rather than age remains, which does not treat all years of work equally.

Hawaii's pension plan is commended for utilizing a constant benefit multiplier of 2 percent; however, teachers may retire before standard retirement age based on years of service without a reduction in benefits.

Unlike defined - contribution plans such as a 401 (k), where all contributions go directly into a worker's account, traditional teacher pensions deliver fixed benefits based on formulas that rely on years of service and salary in the final few years before retirement.

End early retirement eligibility based on years of service.

The amount of defined benefit (DB) pension income my wife will get when she retires depends on her years of service.

Full - time staffers get a yearly travel reimbursement of up to # 557 ($ 750)(based on years of service), and we're treated to discounts on our sister sites, including hotels on Tingo and sightseeing tours on Viator.

In addition, based on years of service, Nationwide offers an option to continue with life insurance coverage, once someone retires.

Retiree Health Insurance — The Executive Budget includes a number of reforms that will provide needed long - term savings, including tiered premium shares based on years of service and limited reimbursement of Medicare premiums.

A worker might be promised a pension for life, but the amount of that benefit varies greatly, depending on her years of service.

Teachers in Wayne Township used to earn annual raises based on years of service and level of education.

Instead of paying teachers pretty much the same, based on years of service, school boards in many communities are basing compensation on performance.

But all these years later, the Madison School District and many others across the state still pay teachers based on years of service and education level — an outdated system that doesn't improve student outcomes.

So it makes no sense to me that at a moment when we should be standing shoulder to shoulder, we are drawing a line based on years of service and lining up on the wrong side ethically.

(Pensions aren't like 401ks; a teacher's contributions are completely separate from her benefits, which are calculated using a formula based on years of service and her final average salary.)

North Carolina's principals, whose salaries ranked 50th in the nation in 2016, watched this year as lawmakers changed how they are compensated, moving away from a salary schedule based on years of service and earned credentials to a so - called performance - based plan that relies on students» growth measures (calculated off standardized test scores) and the size of the school to calculate pay.

End retirement eligibility based on years of service.

In addition, the state's timetable for early retirement with reduced benefits is based on years of service, causing unequal treatment.

Not only are teachers being paid benefits by the state well before Social Security's retirement age, but these provisions, along with the state's early retirement with reduced benefits based on years of service, may also encourage effective teachers to retire early.

It also eliminates several traditional means of determining teacher pay including bonuses for advanced degrees and automatic pay increases based on years of service.

After retiring, teachers receive pension payments that are based on their years of service and final salary and which are often adjusted for inflation.

Not only are they defined benefit (DB) pensions, meaning that their retirement income is based on their years of service and salary, not on how their pension fund investments actually perform, but both pensions are indexed for inflation too.

A defined benefit pension plan gives a retiree a set amount of income based on their years of service, age and earnings history.

Retirement income, based on a predetermined formula, is usually based on years of service and pre-retirement income

Each state - based rescue representative has been voted on and approved by the Rescue Committee based on their years of service, and experience in helping Italian Greyhounds in their area.

Full - time staff at Otis College accrue vacation hours based on their years of service to the College.

Most severance pay calculators offer little more than a guess based on years of service.

Eligibility is determined by the VA and depends on your years of service.

The requirements vary depending on the year of service and whether the discharge was honorable or dishonorable.