Lump Sums. Notwithstanding Section 1.2 or Section 1.3 hereof to the contrary, the Board, in its sole discretion, may at any time direct that the actuarial present value of any retirement (or death) benefits accrued under this Agreement, as determined in accordance with the actuarial factors and rates then in effect for a lump sum payment (for an immediate or deferred annuity, as the case may be) upon a qualified plan's termination under Pension Benefit Guaranty Corporation regulations, be immediately paid to the Executive (or his spouse, as the case may be) in a lump sum in cash (by check).
Lump Sums. Effective Sunday after ratification, active full time Grid A employees shall receive a lump sum payment of $1,500.00 Effective Sunday after ratification, active part time Grid A employees shall receive a lump sum payment (based on the hours worked in the 52 weeks prior to ratification June 13, 2013) as follows: 24 hours or more worked per week $1,000.00 16 hours to 23 hours per week $ 500.00 8 hours to 15 hours per week $ 250.00 The following off-scale wage increases shall be paid to Grid A employees hired at or before ratification (June 13, 2013) as outlined below: First Sunday in April 2014 $0.30 First Sunday in April 2015 $0.25 First Sunday in April 2016 $0.25 First Sunday in April 2017 $0.20 March 31, 2018 $0.20 Off-scale wage increases shall not impact an employee’s ability to reach the next highest rate of pay on the wage scale. For example, if an employee has worked 320 hours towards his/her highest rate on the wage scale and receives a $0.30/hour off-scale increase, they will work two hundred (200) hours and reach the next highest rate of pay on the wage scale. Grid B employees hired on or before June 13, 2013, at top rate of pay shall receive off-scale wage increases until they achieve the top rate of twenty dollars ($20.00) per hour as follows: Sunday after Ratification 2013 $0.50 First Sunday in April 2014 $0.50 First Sunday in April 2015 $0.50 First Sunday in April 2016 $0.50 First Sunday in April 2017 $0.60 March 31, 2018 $0.60 Grid B employees not at top rate shall receive off-scale wage increases as follows: Off-scale wage increases shall not impact employee’s ability to reach the next highest rate of pay on the wage scale. For example, if an employee has worked three hundred and twenty (320) hours towards his/her next highest rate on the wage scale and receives a thirty-five cent per hour ($0.35/hour) off-scale increase, they will work two hundred (200) hours and reach the next highest rate of pay on the wage scale. Applies to employees in the positions at Ratification, 2013 (June 13, 2013) $29.02 Promoted or Hired after Ratification, 2013 (June 13, 2013) $30.31 The following wage scale shall take effect on June 16, 2013 Sunday after Ratification 2013: 0 to 520 $10.50 $10.75 $11.00 $11.00 $11.00 521 - 1040 $10.60 $10.85 $11.10 $11.10 $11.10 1041 - 1560 $10.70 $10.95 $11.20 $11.20 $11.20 1561 - 2080 $10.80 $11.05 $11.30 $11.30 $11.30 2081 - 2600 $10.90 $11.15 $11.40 $11.40 $11.40 2601 - 3120 $11.00 $11.25 $11.50 $11.50 $11.50 3121 - 3640 $11...
Lump Sums. The District shall require all consultant, contractor and vendor proposals, bids, amendments and change orders to be lump sum. If the District accepts a non-lump sum proposal, bid, amendment or change order, the District shall bear all costs resulting from said action.
Lump Sums. In 2025 and 2026, if the scale adjustment is less than the CPI used to determine it, the Employer shall pay a lump sum to all employees.
Lump Sums. A lump sum in lieu of a wage increase will be paid to all active employees at a mutually agreed date between the employee and employer after June 10, 2012, in the amount of five hundred ($500.00) dollars and again at a mutually agreed date between the employee and employer after June 2, 2013. Payments shall be issued to each employee in the bargaining unit on pay advice slips that are separate and apart from their normal earnings. Employees May elect to direct such payment to a RRSP, provided they have provided the employer with the appropriate information to make such payment. Schedule "B" MAINTENANCE AND ENGINEERING
Lump Sums. The payment is not to be taken into account for the calculation of any other entitlement under the terms of the collective agreement (including but not limited to pension, percentage in lieu, vacation, SUB, etc.) The payment is subject to statutory deductions. APPENDIX 1 O.N.A. GRIEVANCE FORM APPENDIX 2
Lump Sums o a.1. without regard to amount o a.2. not to exceed $ SAMPLE
Lump Sums. 29 Grid A - Off-scale Increases 30 Grid B - Off-scale Increases 30 Head Meat Cutter and Deli Department Manager – Hired PRIOR to Ratification 2013 31 Head Meat Cutter and Deli Department Manager – Hired AFTER Ratification 2013 31 Grid A – Meat/Deli/Seafood Clerks 32 Grid A – Meat Cutters 33 Journeyperson Meat Cutter 34 Grid A – Specialty Department – Oriental Kitchen 35 Grid B – Wage Scale 36 Cost of Living Clause 38 Incentives 39 6.02 Retroactive Pay 39 6.03 Meat/Deli/Seafood Clerk Premiums 40 Freezer Case Premium 40 Meat Cutter Premium 40 6.04 Head Meat Cutter Relief/Asst. Head Meat Cutter Relief 40 6.05 Seafood Department Operator 41 6.06 Deli Manager Relief 41 6.07 Oriental Kitchen Operator 42 6.08 Additional Head Meat Cutter Compensation 42 6.09 Seafood Department 43 6.10 Sausage Departments 44 6.11 Previous Comparable Experience 44 6.12 Regular Weekly Pay Day 46 6.13 Jury and Witness Duty Pay and Leave 46
Lump Sums. The lump sum payments are not to be taken into account for the calculation of any other entitlement under the terms of the collective agreement (including but not limited to pension, percentage in lieu, vacation, SUB etc.) The payments are subject to statutory deductions.
Lump Sums. ☐ a.1. without regard to amount ☐ a.2. not to exceed $________ ☐ a.3. if the Participant has completed ___ Years of Service and has attained age ___ ☐ b. Installments ☐ b.1. over years payable on an annual, quarterly or monthly basis. ☐ b.2. over a period of years certain selected by the Participant that is less than the life of the Participant payable on an annual, quarterly or monthly basis. ☐ c. Annuities ☐ c.1. for not more than ___ years. ☐ c.2. for the life of (Select all that apply.) ☐ 2.A. the Participant. ☐ 2.B. the Participant and spouse. ☐ 2.C. the Participant and a Designated Beneficiary ☐ c.3. for a certain period of: (Select all that apply.) ☐ 3.A. 5 years ☐ 3.B. 10 years ☐ 3.C. 15 years ☐ 3.D. 20 years and thereafter for the life of: (Select all that apply.) ☐ 3.E. the Participant ☐ 3.F. the Participant and spouse ☐ 3.G. the Participant and a Designated Beneficiary ☐ c.4. for a period certain selected by the Participant that is less than the life expectancy of (Select all that apply.) ☐ 4.A. the Participant ☐ 4.B. the Participant and spouse ☐ 4.C. the Participant and a Designated Beneficiary ☐ d. Minimum distributable amount to non-vested Participant shall be the lesser of $ or the Account balance.
