Common use of Determination of Daily Rate Clause in Contracts

Determination of Daily Rate. In applying these provisions, an employee’s daily rate of pay will be the basic daily rate at the time of retirement, as provided in the basic salary schedule for the basic school year, and will not include any additional compensation. Subd. 5. Payment Schedule 50-54: An employee who retires at age 50-54 will receive their incentive pay on July 20 if their birth date is between January 1 and June 30 in the year they reach age 55. If their birth date is between July 1 and December 31, they will receive their incentive pay on January 20 of the following year.

Determination of Daily Rate. In applying these provisions, an employee’s daily rate of pay will be the basic daily rate at the time of retirement, as provided in the basic salary schedule for the basic school year, year and will not include any additional compensation. Subd. 5. Payment Schedule 50-54: An employee who retires at age 50-54 will receive their incentive pay on July 20 if their birth date is between January 1 and June 30 in the year they reach age 55. If their birth date is between July 1 and December 31, they will receive their incentive pay on January 20 of the following year.

Determination of Daily Rate. In applying these provisions, an employee’s 's daily rate of pay will be the basic daily rate at the time of retirement, as provided in the basic salary schedule for the basic school year, and will not include any additional compensation. Subd. 5. Payment Schedule 50-54: An A school nutrition employee who retires at age 50-54 will receive their incentive pay on July 20 if their birth date is between January 1 and June 30 in the year they reach age 55. If their birth date is between July 1 and December 31, they will receive their incentive pay on January 20 of the following year.

Determination of Daily Rate. In applying these provisions, an employee’s 's daily rate of pay will shall be the basic daily rate at the time of retirement, as provided in the basic salary schedule for the basic school year, and will shall not include any additional compensation. Subd. 5. Payment Schedule 50-54: An A custodial employee who retires at age 50-54 will shall receive their incentive pay on July 20 20th if their birth date is between January 1 1st and June 30 30th in the year they reach age fifty-five (55). If their birth date is between July 1 1st and December 3131st, they will shall receive their incentive pay on January 20 20th of the following year.

Determination of Daily Rate. In applying these provisions, an employee’s 's daily rate of pay will be the basic daily rate at the time of retirement, as provided in the basic salary schedule for the basic school year, and will not include any additional compensation. Subd. 5. Payment Schedule 50-54: An A School Nutrition employee who retires at age 50-54 will receive their incentive pay on July 20 if their birth date is between January 1 and June 30 in the year they reach age 55. If their birth date is between July 1 and December 31, they will receive their incentive pay on January 20 of the following year.