Adjustment of Earnings Sample Clauses

Adjustment of Earnings. In the event that an employee's earnings in any of the five 12-month periods immediately preceding his retirement do not reflect a normal annual schedule of hours for that period for reasons other than a leave of absence, the employee's earnings for that period will be adjusted to reflect his normal annual schedule of hours, provided the employee has been actively at work for at least 3 months during that 12-month period. While receiving benefits under the long term disability benefit, an employee will continue to accrue pension benefit at no cost to him. During the period of disability, the pension earning will be equal to the greater of: 1) his classified rate at the time of disability as defined in this collective agreement or 2) the base rate in the mill (labor rate) in effect during that period. The benefit earned during the period of disability will be the normal benefit as defined under the pension plan.
Sample 1
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Adjustment of Earnings. Supplement Employee Con t t Employee Eligible Future Service Normal Pension Pension Benefit Pension Plan Adjustment Prior Service Improvement PROMOTION, RECALL Lines of Progression PURPOSE OF AGREEMENT RECALL RIGHTS RECOGNITION MEMBERSHIP REPORTING PAY O SAFETY PRACTICES DAY OPERATION SEVERANCE PAY SHIFT DIFFERENTIAL STARTING AND STOPPING TIME Day Employee Employees Leaving Tour Employee TEMPORARY JOB VACANCIES TEMPORARY LAYOFF TEMPORARY TRANSFER OUTSIDE BARGAINING UNIT OF AGREEMENT TIME OFFICE REGULATIONS TOUR WISHING TO CHANGE SHIFTS TRADE ENTRY REQUIREMENTS W UNIONS DUES DEDUCTION VACATIONS E l i g i b i l i t y Schedule WAGES WACE RATE SCHEDULE INDEMNITY INSURANCE PLAN Amount of El b I i Participation ARTICLE
Sample 1

Related to Adjustment of Earnings

  • Adjustment of Contract Notwithstanding any other provisions of this contract, STATE may, pursuant to Oregon law, make adjustments in the contract when major catastrophes or significant changes in state or federal law after the date of this contract materially affect the volume and value of timber, or project work to be done, as specified in the section titled, "Project Work," under the contract. Major catastrophes or events beyond the reasonable control of the parties are defined as windstorms, floods, fire, or other acts of God, or significant changes in state or federal law, which are beyond the control of PURCHASER and in no way connected with negligent acts or omissions of PURCHASER, its officers, employees, agents, or subcontractors. Market conditions shall not be considered a reason for contract adjustments. Such adjustments may be made to place the parties in their original status under the contract insofar as possible; provided, however, that any loss or cost to PURCHASER is in no way recoverable from third parties by PURCHASER and that PURCHASER make written application to STATE within 30 days after discovery of the damage done by the catastrophe. If, prior to acceptance of project work, a catastrophe (as defined above) caused by a single event results in additional project work for PURCHASER involving an additional estimated cost of more than: (1) $500 for sales less than one-half million board feet; (2) $1,000 for sales of one-half million to three million board feet; or

  • Adjustment Plan (A) If the Employer introduces or intends to introduce a measure, policy, practice or change that affects the terms, conditions or security of employment of a significant number of employees by classification to whom the Collective Agreement applies;

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Adjustment of Grievance The School District and the teacher shall attempt to adjust all grievances which may arise during the course of employment of any teacher within the School District in the following manner:

  • Adjustment of the Contract Sum shall include profit. No adjustment shall be made to the extent:

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

  • Wage Adjustment Notwithstanding any provision in this Agreement on the contrary, the wages of employees shall be reduced by the amount of employee contributions made by the employer pursuant to the provisions hereof.

  • Budget Adjustments The Grantee shall submit the Budget Adjustment Request [TJJD-FIS-304] to the Department for any adjustment to the original budget. The Grantee must receive written or electronic approval from the Department prior to expending the funds.

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

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