The Commissioner shall impose a benefit year on any employer the Commissioner determines is changing the benefit year at times or in ways that prevent the accrual or use of earned sick leave by an employee. 34:11D-2, provided that once the starting date of the benefit year is established by the employer it shall not be changed unless the employer notifies the Commissioner of Labor and Workforce Development of the change in accordance with regulations promulgated pursuant to the Act. Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarial equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or Qualified Joint and Survivor Annuity) to which the Participant would be entitled under the terms of the Plan assuming:īenefit year means the period of twelve consecutive months, July 1 through June 30, as established by an employer in which an employee shall accrue and use earned sick leave as provided pursuant to N.J.S.A. The transmitted pre-reform AWA cannot be terminated under subsection 170VM(3) or (6) of the pre-reform Act during the transmission period (even if the transmitted pre-reform AWA has passed its nominal expiry date).īenefit Service means the Benefit Service as defined in the PEC Retirement Plan.īudget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA Įmployee Contribution means any contribution made to the Plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained under a separate account to which earnings and losses are allocated. In this clause: anti-AWA term means a term of a pre-reform certified agreement that prevents the employer bound by the agreement from making a pre-reform AWA or an AWA with an employee bound by the agreement.

This clause applies if subclause 7(1) applies to a pre-reform AWA (the transmitted pre-reform AWA). Note: Clause 19 of this Schedule, section 16 and Schedule 8 may also affect the terms and conditions of employment of an employee in relation to whom a pre-reform AWA is in operation.Īdd:Note: Clause 19 of this Schedule, section 16 and Schedule 8 may also affect the terms and conditions of employment of an employee in relation to whom a pre-reform AWA is in operation. The term ‘instrument’ is broadly defined in proposed subsection 346Y(5) to include a workplace agreement, an award, a pre-reform AWA, a pre-reform certified agreement, a workplace determination, a Victorian employment agreement, an exceptional matters order, a section 170MX award and an old IR agreement.

This agreement continued to operate after its nominal expiry date (as a pre-reform AWA) and regulated his terms and conditions of employment. This clause applies if the employer and the employee in relation to a pre-reform AWA will, under clause 20A, continue to be bound by one or more redundancy provisions included in the pre-reform AWA. Parts 6 and 14 of this Act apply to a redundancy provision referred to in subclause (2) as if the provision was a pre-reform AWA in operation. This clause applies if a pre-reform AWA is terminated, on application by the employer in relation to the AWA, by the Commission in accordance with subsection 170VM(3) of the pre-reform Act.

Pre awa meaning