Locality Pay Sample Clauses

Locality Pay. If the employee does not physically report to the regular office/worksite at least twice each biweekly pay period, the employee’s locality pay may be impacted per 5 C.F.R. 531.605.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Locality Pay. Locality Pay: Eligible bargaining unit employees will continue to receive the locality pay in addition to Basic Pay and will have their locality pay adjusted annually, consistent with government-wide changes (Title 5) coincidental with the January pay increase. Basic Pay is used to calculate pay actions and then applicable locality pay is applied on the Basic Pay in effect.
Sample 1
Locality Pay. Locality Areas
Sample 1
Locality Pay. 1. Overview a. The parties agree to continue a locality pay program as an adjustment to base pay called the Locality Pay Index (LPI). Cost of labor differences will be the foundation for the locality pay system, but adjustments to the cost of labor index will then be made, as described below, for localities where cost of living differences are significantly greater than cost of labor differences. b. The Locality Rates for 2020, and the 2019 to 2020 increases, for each location are contained in Attachment A [TBD]. c. The methodology used to calculate these new locality pay rates for all years of this Agreement is described in Section II(C)(2) of this Agreement. The funding to be applied to this methodology for those years will be 0.5 percent, with a cap on any location of 1.3% for each year.
Sample 1
Locality Pay. The parties agree to continue locality pay and use it for the following benefits purposes: retirement, thrift/401(k), life insurance, premium pay, workers compensation, FDIC long-term disability, severance pay, availability pay, and lump sum for unused annual leave. Pursuant to applicable law, for premium pay, employees exempt from the Fair Labor Standards Act (FLSA) will be capped at the GS adjusted hourly and biweekly maximum rates. The only exception will be employees located in Hawaii or Puerto Rico; these employees will be capped at the GS regular hourly/biweekly maximum rates (without locality). Any changes in locality pay will become effective at the same time as annual pay changes. Updated pay comparability data issued by the U.S. Bureau of Labor Statistics (BLS) and implemented by the U.S. Office of Personnel Management, will be used in calculating FDIC "locality percentages", "locality adjustments" and "adjusted basic pay": Basic Pay x Locality % = Locality Adjustment Basic Pay + Locality Adjustment = Adjusted Basic Pay The EMPLOYER will continue to pay those locality adjustments in place upon the effective date of this agreement, subject to the following: The EMPLOYER will continue to use updated BLS data to compute the CG "target gap". Computation of the CG "target gap" will account for the difference between GS and CG locality pay levels. For official duty stations with a locality gap, the EMPLOYER will close the remaining target gap computed for the years 2003-5 at the same rate as the General Schedule (GS) target gap for that locality pay area. For locations at or above the CG target gap, if the CG target gap decreases in 2003, 2004 or 2005, the EMPLOYER will reduce its locality pay percentage by an equivalent percentage. For example, if the CG target gap decreases from 20 to 18 percent, the EMPLOYER will reduce the locality adjustment by 2 percent. For locations where the CG locality pay percentage is higher than the CG target gap, the EMPLOYER will not increase locality pay until the CG target gap exceeds the current locality percentage. If the Office of Personnel Management (OPM) implements significant changes to the locality pay program, other than changes in the rates, during this Agreement, either the EMPLOYER or the UNION may reopen negotiations to propose changes to the FDIC locality pay program. Employees who are at or below the maximum for their grade and who receive a promotion, will receive a 10 percent increase in basic pay or b...
Sample 1
Locality Pay. Employees who work remotely shall receive locality pay based on their work location, which is generally their home. Employees who are required to or who agree to work in a HUD office at least once a pay period shall have the HUD office as their official duty station and shall receive locality pay based on the location of the HUD office.
Sample 1

Related to Locality Pay

  • Longevity Pay If an employee leaves State Classified employment and later is rehired, he/she shall receive no longevity pay. However, once such a rehired employee has been in pay status for five (5) years, all previous service time shall be credited for longevity pay. The only exception shall be for employees rehired who repay severance pay received. (See Article 22, Section Q.)

  • Insurance Business All insurance policies issued by any Regulated Insurance Company are, to the extent required under applicable law, on forms approved by the insurance regulatory authorities of the jurisdictions where issued or have been filed with and not objected to by such authorities within the period for objection, except for those forms with respect to which a failure to obtain such approval or make such a filing without it being objected to, either individually or in the aggregate, has not had, and could not reasonably be expected to have, a Material Adverse Effect.

  • Responsibility Pay (a) An employee who is designated in writing to relieve the Director of Care, shall be paid ten dollars ($10.00) per shift for each shift so worked, in addition to her regular rate of pay. (b) The Employer shall, when no supervisor is on duty, designate one employee when employees are on duty, to be in charge on those evening, night, or weekend shifts. Such employee shall receive nine dollars ($9.00) per shift in addition to her regular rate of pay.

  • SALES TAX EXEMPTION The Services under the Contract will be paid for from the Department’s funds and used in the exercise of the Department’s essential functions as a State of Utah entity. Upon request, the Department will provide Contractor with its sales tax exemption number. It is Contractor’s responsibility to request the Department’s sales tax exemption number. It is Contractor’s sole responsibility to ascertain whether any tax deductions or benefits apply to any aspect of the Contract.

  • Wage Scales All workers covered by this Agreement shall be classified and paid in accordance with the classification and wage scales as attached as Appendices "A" and forming part of this Agreement.

  • Payroll Taxes Employer shall have the right to deduct from the compensation and benefits due to Employee hereunder any and all sums required for social security and withholding taxes and for any other federal, state, or local tax or charge which may be in effect or hereafter enacted or required as a charge on the compensation or benefits of Employee.

  • Notice to Taxing Authorities and Insurance Companies The Seller shall transmit to the applicable taxing authorities and insurance companies (including primary mortgage insurance policy insurers, if applicable) and/or agents, notification of the transfer of the servicing to the Purchaser, or its designee, and instructions to deliver all notices, tax bills and insurance statements, as the case may be, to the Purchaser from and after the Transfer Date. The Seller shall provide the Purchaser with copies of all such notices within five (5) Business Days following the Transfer Date;

  • Sales Tax Each Participating Entity is responsible for supplying the Supplier with valid tax- exemption certification(s). When ordering, a Participating Entity must indicate if it is a tax- exempt entity.

  • HEALTH & WELFARE 16:1 The parties signatory hereto shall enter into a Health and Welfare Plan for which there is a Trust Agreement, known as the Line Construction Benefit Fund, for the purpose of providing insurance benefits for eligible employees and/or their dependents. Effective the first of the month following the signature date of this Agreement, the Employer shall pay to the Line Construction Benefit Fund the sum of $6.50 for each hour worked. Hours worked shall be deemed to include straight-time hours worked, overtime hours worked, and report time not worked. Remittance shall be forwarded to the place designated by the parties hereto on or before the fifteenth (15th) day of each month for each hour worked in weekly payroll periods ending during the preceding month, together with a monthly payroll report on a form to be furnished to the Employer. It is understood and intended by the parties to this Agreement that the purpose of this clause is to establish an Employer financed Health and Welfare Trust and that contributions thereto shall not be deemed to be wages to which any employee shall have any right other than the right to have such contributions paid over to the Trust fund in accordance herewith. Failure of an individual Employer to make all payments provided for, including liquidated damages for late payments, within the time specified, shall be a breach of this Agreement and will further require action by the Trustees as set forth in the Trust Agreement. Any increase in the required contributions set forth above will be paid equally (50% by the Employer and 50% by the Employee). The amount paid by the Employee will come from their NEAP contribution. 16:2 HRA: Effective the first of the month following the signature date of this Agreement, the Employer also agrees to pay into the Line Construction Benefit Fund $1.00 per hour through the term of this Agreement. HRA is calculated on all hours worked for all working classifications covered by this Agreement. These contributions shall be used to provide Health Reimbursements Accounts(s) under the Line Construction Benefit Fund Plan of Benefits.

  • TOBACCO FREE CAMPUS All Orange County operations under the Board of County Commissioners shall be tobacco free. This policy shall apply to parking lots, parks, break areas and worksites. It is also applicable to Contractors and their personnel during contract performance on County owned property. Tobacco is defined as tobacco products including, but not limited to, cigars, cigarettes, e-cigarettes, pipes, chewing tobacco and snuff. Failure to abide by this policy may result in civil penalties levied under Chapter 386, Florida Statutes and/or contract enforcement remedies.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!