Sentences with phrase «retroactive contracts»

Liabilities arising from retroactive contracts with exposure to claims of this nature are generally subject to aggregate policy limits.
SYRACUSE, N.Y. — Onondaga County's largest workers union says the county broke the law by approving a three - year retroactive contract last week.
The retroactive contract makes provisions for annual pay increases and improvements to employees acting pay.

Not exact matches

If approved, this new policy will be retroactive and affect the contracts landlords and tenants already have in place.
The European Commission has set out plans to ban unfair trade practices in the food supply chain including late payments for perishable food products, last minute order cancellations, unilateral or retroactive changes to contracts and forcing the supplier to pay for wasted products.
Certain UTPs include late payments for perishable food products, last minute order cancellations, unilateral or retroactive changes to contracts and forcing payments for wasted products.
In early March, USADA presented the Pacquiao camp with a contract that allowed the testing agency to grant a retroactive therapeutic use exemption (TUE) to either fighter in the event that the fighter tested positive for a prohibited drug.
And because of a loophole in its drug - testing contract, USADA wasn't obligated to notify the Nevada State Athletic Commission or Pacquiao camp regarding Mayweather's IV until after the retroactive TUE was granted.
The contractretroactive to Jan. 1, when the previous agreement expired — covers the Park District's 3,000 seasonal lifeguards, landscapers and summer camp instructors, as well as the 2,000 permanent employees working as supervisors, custodians and clerks.
The Park District board last week approved a three - year contract for Henery, retroactive to June 1.
The next mayor is facing a daunting multibillion - dollar bill for retroactive pay hikes because the entire city - labor force has been working for more than two years under expired contracts, the Independent Budget Office warned yesterday.
Contract talks with all the unions are at a standstill since Mayor Bloomberg has insisted there's no money in the budget for retroactive pay hikes.
In his new role Fuleihan will have to find savings to account for any retroactive pay de Blasio chooses to afford the municipal unions, who are all working under old contracts, and to pay for continuing post-Sandy recovery as well as the new mayor's ambitiously progressive agenda.
With every city municipal labor contract having expired during the Bloomberg administration, unions are expecting new contracts and significant amounts of retroactive pay.
PEF and Gov. Andrew Cuomo's team agreed upon a 2 percent raise for state employees in the bargaining unit, retroactive to April 1, 2015 when the PS&T contract expired.
Some critics, including Nicole Gelinas of the fiscally conservative Manhattan Institute, say de Blasio is driving up out - year deficits by agreeing to contracts that offer retroactive raises.
At the mayoral candidate forum hosted by DC 37, four Democratic candidates responded to a question on whether they were opposed to retroactive pay under union contracts «in principle».
The next mayor of NYC is facing a multibillion - dollar bill for retroactive pay hikes because the entire city - labor force has been working for more than two years under expired contracts, the Independent Budget Office warned.
The contract gave educators retroactive raises for each year in that period, and arranges for the city to disburse the back pay periodically — the math of which was unclear and apparently disconcerting to the state senator.
When gushing about Mr. Liu, Mr. Seabrook makes sure to mention the candidate promised retroactive raises for the city's unionized workforce, which has been without new contracts for several years.
And she pointed out that county workers who belong to CSEA, who have been working without a contract since 2012, will eventually get retroactive raises for those years.
The Common Council will vote on a new contract for some 240 Blue Collar Workers Union members employees in the three departments that would increase their pay by 2 percent retroactive to April 1, 2017 and another 1 percent for 2018, according to the council's agenda for Thursday's meeting.
The teachers contract, which totals $ 5.5 billion through FY2018, awards teachers 8 percent in retroactive pay for two years.
Not only Cuomo's executive budget, but also both legislative one - house budgets, included $ 240 million to help settle the contracts with retroactive raises.
Many of the unions, you see, have been without a contract for four years and are demanding retroactive pay.
He has described retroactive pay, including for workers who haven't gotten a contract raise in four years, as «something the city can't possibly afford.»
Mayor Bloomberg used the presentation of his final executive budget on May 2 to say that future budget shortfalls should prevent the city from agreeing to a teacher contract with retroactive pay raises, a position hotly contested by UFT President Michael Mulgrew.
When a 2014 contract deal lifted that freeze, longevity increases were not restored, and so many county workers are owed several thousand dollars each in retroactive longevity pay.
All of the city's municipal union contracts have expired, and union leaders have made clear they would like the new contracts to include retroactive raises.
De Blasio faces expired contracts with more than 150 unions - and settling them could cost billions if unions get the retroactive raises they are demanding.
Mayor Bloomberg let the municipal unions know that he will settle contracts with them if they agree to two conditions: 1) no retroactive wage increases; and 2) workers would have to agree to contribute to the cost of their health care benefits.
The contract, retroactive to Jan. 1, includes an increase in shift differential from the current 85 cents to $ 1.
And that's before retroactive and future raises — agreed to this year in a new contract — kick in.
Officials said while the latest contract extension was for four months, the associated costs were retroactive to July 2016.
Labor leaders have called for retroactive pay raises and other benefits for their members, who have been without contracts for years.
Members of the United Federation of Teachers today ratified by a more than 3 to 1 margin a new contract that gives members an 18 percent pay raise, including full retroactive pay.
By a vote of 1628 to 26, members of the statewide union of so - called academic student employees ratified the 3 - year contract granting them an immediate and retroactive 1.5 % pay increase, future pay hikes tied to faculty raises, and continued complete remission of tuition and fees (including health care fees) despite recent, sharp increases in these charges.
A multiyear contract with retroactive pay and the protection of our rights, including due process for all tenured teachers and class - size caps without loopholes.
New York City teachers would be granted retroactive raises under a nine - year tentative contract said to be close to finalization.
Not surprisingly, the teachers» union has endorsed a slate of union - friendly candidates, hoping to defeat Doreen and Bartola and their questioning of a proposed sweetheart contract granting teachers a 5 percent retroactive pay increase and 8 percent pay increases for the next several years.
Retroactive reinsurance contracts afford protection to ceding companies against the adverse development of cla...
From the 10K: BHRG periodically assumes risks under retroactive reinsurance contracts.
Last year — we are getting now to Equitas — Berkshire agreed to enter into a huge retroactive reinsurance contract, a policy that protects an insurer against losses that have already happened, but whose cost is not yet known.
BHRG periodically assumes risks under retroactive reinsurance contracts.
These liabilities included approximately $ 11.9 billion at December 31, 2013 and $ 12.4 billion at December 31, 2012 of liabilities assumed under retroactive reinsurance contracts.
Papers: Retroactive Effects: Notes on the History of Conceptual Art after the Conceptualisms Annabela Tournon Zubieta, École des Hautes Etudes en Sciences Sociales (EHESS); Contract as Form and Concept: The Siegelaub - Projansky Agreement in Art and Legal Histories Lauren van Haaften - Schick, Cornell University; Collecting Textiles, Documenting Texts: Seth Siegelaub's Endeavors after Art John A. Tyson, National Gallery of Art; Seth Siegelaub, Beyond Conceptual Art: Curating «Paperwork» at Stedelijk Museum Amsterdam Sara Martinetti, École des Hautes Etudes en Sciences Sociales (EHESS).
The British Columbia Supreme Court recently signaled yet another endorsement of prenuptial contracts, in an action by the wife for property division, parenting arrangements, and retroactive and prospective child and spousal support.
Allen's representative work includes the successful defense of a multi-million dollar insurance coverage and rescission suit by Lloyd's of London; dismissal of a six - figure claim for retroactive premiums against the St. John Community Development Center; summary judgments (affirmed on appeal) against Essex Insurance Company and Liberty Mutual Fire Insurance Company for breach of their respective insurance contracts; trial verdicts against Allstate Fire and Casualty Insurance Company and Liberty Mutual for insurance bad faith; and numerous confidential five, six, and seven figure settlements reached in insurance disputes of all types (including residential and commercial property, commercial general liability, auto liability, errors and omissions, negligent procurement, and insurer bad faith).
The unfair trading practic - es to be banned are late payments for perishable food products, last min - ute order cancellations, unilateral or retroactive changes to contracts and forcing the supplier to pay for wasted products.
Accounting Assistant 6 + Month Contract Midland, MI Responsibilities: Complete retroactive price adjustments Ensure proper Delegation of Authority is followed Issue and offset sales adjustments Verify documentation in each Qual...
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