Dmv Buy Back Program 2016
The maximum amount of buy-back for eligible employees is up to 80 hours. Departments cannot exceed these limits in any combination of various leave categories. Under the Program, employees are to be cashed out in 8-hour increments (any combination of leave types).
dmv buy back program 2016
The current Program is being enhanced to allow excluded employees with vacation or annual leave balances in excess of 640 hours, as of December 1, 2016, the option to transfer future leave accruals into a Savings Plus 457(b) and/or 401(k) Plan account. The Program will allow excluded employees the option to transfer the number of leave accruals elected into Savings Plus, take as a cash payment, or a combination of the two. For the purpose of this new option, eligible leave is either vacation or annual leave.
To participate in the Savings Plus option, all eligible employees wanting to participate must complete the irrevocable Transfer Future Leave Accruals to Savings Plus Request form. Employees must submit the completed form to their Human Resources office by December 31, 2016.
In two related settlements, one with the United States and the State of California, and one with the U.S. Federal Trade Commission (FTC), German automaker Volkswagen AG and related entities have agreed to spend up to $14.7 billion to settle allegations of cheating emissions tests and deceiving customers. Volkswagen will offer consumers a buyback and lease termination for nearly 500,000 model year 2009-2015 2.0 liter diesel vehicles sold or leased in the U.S., and spend up to $10.03 billion to compensate consumers under the program. In addition, the companies will spend $4.7 billion to mitigate the pollution from these cars and invest in green vehicle technology.
The settlements require Volkswagen to offer owners of any affected vehicle the option to have the company buy back the car and to offer lessees a lease cancellation at no cost. Volkswagen may also propose an emissions modification plan to EPA and CARB, and if approved, may also offer owners and lessees the option of having their vehicles modified to substantially reduce emissions in lieu of a buyback. Under the U.S./California settlement, Volkswagen must achieve an overall recall rate of at least 85% of affected 2.0 liter vehicles under these programs or pay additional sums into the mitigation trust fund. The FTC order requires Volkswagen to compensate consumers who elect either of these options.
Volkswagen must set aside and could spend up to $10.03 billion to pay consumers in connection with the buy back, lease termination, and emissions modification compensation program. The program has different potential options and provisions for affected Volkswagen diesel owners depending on their circumstances:
Eligible consumers will receive notice from VW after the orders are entered by the court this fall. Consumers will be able to see if they are eligible for compensation and if so, what options are available to them, at VWCourtSettlement.com and AudiCourtSettlement.com. They will also be able to use these websites to make claims, sign up for appointments at their local Volkswagen or Audi dealers and receive updates. Consumer payments will not be available until the settlements take effect if and when approved by the court, which may be as early as October 2016.
The emissions reduction program will help reduce NOx pollution that contributes to the formation of harmful smog and soot, exposure to which is linked to a number of respiratory- and cardiovascular-related health effects as well as premature death. Children, older adults, people who are active outdoors (including outdoor workers), and people with heart or lung disease are particularly at risk for health effects related to smog or soot exposure. NO2 formed by NOx emissions can aggravate respiratory diseases, particularly asthma, and may also contribute to asthma development in children.
Derive Systems, Inc. fully cooperated with ARB during the entirety of the investigation, and provided all requested information promptly. ARB consequently resolved the case with the company for a total civil penalty $281,840, with $70,460 of this total being directed toward a Supplemental Environmental Project to reduce emissions from diesel engines and school buses. This penalty is applicable to 1,084 illegal parts at a rate of $260 per unit. The company has also agreed to institute a voluntary buyback program to recover these parts from its distributors, dealers, and customers at no cost to them.
On January 4, 2016, and as amended on October 7, 2016, the United States filed a complaint against the Volkswagen entities alleging violations of the CAA with regard to approximately 590,000 diesel vehicles sold in the U.S. Specifically, the U.S. complaint alleges that each of these vehicles contains, as part of the engine control module, certain computer algorithms and calibrations that cause the emissions control system of those vehicles to perform differently during normal vehicle operation and use than during emissions testing. The U.S. complaint alleges that these computer algorithms and calibrations are prohibited defeat devices under the CAA, and that during normal vehicle operation and use, the cars emit levels of NOx significantly in excess of the EPA compliant levels.
In order to achieve the 85 percent recall rate, Volkswagen must offer owners and lessees of the vehicles the opportunity to have their vehicles bought back by Volkswagen at a fair replacement value of the vehicle as of September 17, 2015, or to have their leases terminated at no cost. This buyback or lease termination option will be available to consumers for two years.
Volkswagen may resell or export vehicles that are bought back or for which the lease is terminated only after performing an EPA and CARB approved emission modification. If there is no approved emissions modification, the vehicles will be recycled or scrapped.
Certain consumer notices and the claims administration for the buyback and lease termination program for 2.0 liter vehicles have been coordinated and consolidated with the FTC order and related class action settlement. Further information on those settlements is available for consumers at www.VWCourtSettlement.com and www.AudiCourtSettlement.com
Vehicle owners and lessees will receive updated information from Volkswagen, Audi and Porsche concerning their available buyback or modification options, and can also obtain information about these options at: www.VWCourtSettlement.com and www.AudiCourtSettlement.com.
In order to achieve the 85 percent recall rate for the 3.0 liter generation 1 vehicles, Volkswagen must offer owners and lessees of these older 3.0 liter vehicles the option to have their vehicle bought back by Volkswagen, or to have their leases terminated at no cost.
If EPA and CARB approve such an emissions compliant recall, VW must provide consumers with a clear and accurate description regarding all impacts of the emissions compliant recall on the vehicle, including emissions levels as compared with the limits to which the vehicles were originally certified, and any impacts on fuel economy or vehicle maintenance. Any modified vehicle will also be covered by an extended warranty covering the emissions control system. In the unlikely event that Volkswagen is unable to return generation 2 vehicles to their certified exhaust emissions standards, Volkswagen must offer to buy back the generation 2 vehicles or terminate leases at no cost to the customer. In this circumstance, Volkswagen could also seek approval of an emissions modification plan to reduce the emissions from these generation 2 vehicles.
The VAVR program, also known as a car scrappage or old vehicle buy back program, provides monetary or other incentives to vehicle owners to voluntarily retire their older, more polluting vehicle. A primary goal of the VAVR program is to encourage a more timely removal of older, more polluting vehicles from California roadways to be replaced with newer, cleaner vehicles or alternative transportation options. More about this program
Kathy Fairbanks, a spokesperson for a coalition called Affordable Clean Energy for All, which supports the proposed changes, says it's time for a change. The rate structure, she said, "was designed back in 1995 to be very generous."
According to Affordable Clean Energy for All and Southern California Energy, customers without solar systems pay an average of $245 more annually on their bills than they should because of NEM. The groups say that could increase to more than $550 per year by 2030 if the current program remains in place.
In addition to changing the compensation for excess solar energy from the retail rate to the avoided cost rate, the proposal includes several other changes to the net energy metering program. These include implementing a grid participation charge of $8 per kilowatt on homes that install solar. This charge would not apply to low-income households under the California Alternate Rates for Energy program.
IID changed its net metering program "to ensure that everyone pays their fair share for their use of the energy grid, including customers who want to install rooftop solar systems," Robert Schettler, Public Information Officer for IID, wrote in an email to the Desert Sun.
"Our Net Billing program aligns prices with the actual cost of providing power for all customers. This necessary solution balances the interests of every customer IID serves in order to continue to deliver on our obligation to provide the greatest value at the lowest cost," Schettler said.
The manufacturer must buy back the vehicle for the purchase price (including taxes, title and license fee) minus an amount charged for vehicle use. The amount deducted is decided according to a formula, (see spreadsheet links below) that takes into account the number of miles on the vehicle at the time of the hearing and other factors. This does not include any interest paid on the vehicle. 041b061a72