Connecticut Equity Compensation Plan

State:
Multi-State
Control #:
US-CC-7-867
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Equity Compensation Plan document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

Employees like first responders, health care professionals and congregate setting workers considered higher risk will receive bonuses of between $250 and $2,834, depending on how many hours they worked between March of 2020 and March of 2021.

Hear this out loud PauseEFFECTIVE JULY 1, 2023: Cost of Living Adjustment (COLA): a. Salary Plan Adjustments: As a result of the Cost of Living Adjustment (COLA), the minimum and maximum rates of the EX, MP, MD, SE, HE, and DM range pay plans, and the rates in the CJ- EX pay plan shall be increased by 2.5% effective July 1, 2023.

Hear this out loud PauseYour basic benefit is calculated by using a formula that takes into account your average salary, your average salary in excess of the year's breakpoint, and your credited service. To determine your average salary, use your three highest paid years of credited service. Any 12 consecutive month period equals one year.

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Connecticut Equity Compensation Plan