Month and Year. For purposes of this Agreement and the method of computing EIB, seniority, and other conditions of employment, except as otherwise provided for herein, a "month" shall be defined as 173.3 paid hours of work, and a "year" shall be defined as 2080 paid hours. For purposes of computing longevity (wage) increments and PTO progression steps, a "year" shall be defined as 1664 paid hours or twelve (12) months, whichever comes last. Time paid for but not worked (excluding standby pay) shall be regarded as time worked for purposes of computing wages and benefits. Time worked which is paid on an overtime basis shall count as time worked for purposes of computing wages and benefits not to exceed 2080 hours within any twelve (12) month period.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
