Interest Liability Adjustments. The calculation of interest liabilities covered by this Agreement will be based upon simple interest. Interest will not be calculated on interest, including interest liability adjustments.
Interest Liability Adjustments Sample Clauses
Related to Interest Liability Adjustments
State Interest Liabilities 8.6.1 The State shall be liable for interest on Federal funds from the date Federal funds are credited to a State account until the date those funds are paid out for program purposes.
Pay Adjustments 10.1 Where the rate of pay of a job or position is adjusted upward, the employee shall be placed on the lowest step of the new pay range which will give him/her an increase as follows:
Change in pension value This is the change in present value of defined benefit and actuarial pension plans.
