Overpayment or Underpayment of Salary Sample Clauses

Overpayment or Underpayment of Salary. 7.1 Where AgriFutures identifies an overpayment of salary, allowances or other remuneration to an employee, the Managing Director may recover that overpayment in full. The rate of recovery of the overpayment will be by agreement where possible. 7.2 Where agreement cannot be reached with the employee on the rate of recovery, the overpayment will be repaid at the rate of 10 per cent of the employee’s fortnightly salary amount (less fortnightly taxation, less superannuation deductions excluding salary sacrifice), until such time as the overpayment has been repaid. If the repayment is made by deduction from the employee’s salary, it will be in agreement with the employee in compliance with the Fair Work Xxx 0000. 7.3 The employee may authorise a greater amount to be deducted from their salary by XxxxXxxxxxx. 7.4 Where the repayment would cause severe hardship for the employee a lesser amount may be approved by the Managing Director. 7.5 Where an employee’s employment is terminated AgriFutures will, to the extent permissible by law, recover from the final monies any outstanding amount owed to AgriFutures. 7.6 Where an employee has been underpaid salary or allowances AgriFutures will correct the situation as soon as is practicable.
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Overpayment or Underpayment of Salary. 10.1 Where the department identifies an overpayment of salary, allowances or other remuneration to an employee, the Secretary may recover that overpayment in full. The rate of recovery of the overpayment will be by agreement where possible. 10.2 Where agreement cannot be reached with the employee on the rate of recovery, the overpayment will be repaid at the rate of twenty (20) per cent of the employee’s net fortnightly pay until such time as the overpayment has been repaid. The employee may authorise a greater amount to be deducted from their salary by the department. Where the deduction would cause severe hardship for the employee, a lesser amount may be approved by the Secretary. 10.3 Where an employee has been underpaid salary or allowances, the department will correct the situation as quickly as possible.
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Overpayment or Underpayment of Salary a. When an overpayment or underpayment of salary occurs, adjustments will be made to correct the errors retroactive to the beginning of the school year in which the errors were discovered. This means the School District agrees to pay to the bargaining unit member the amount of money due that member from the beginning of the school year in which the underpayment was discovered. It also means that the bargaining unit member shall repay the District the amount of overpayment received from the beginning of the school year in which the overpayment was discovered. b. All pay is determined according to the appropriate salary schedules.
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Overpayment or Underpayment of Salary. 34.1 When an overpayment of salary, allowances or other remuneration has been identified, we will require the overpayment to be repaid in full. As an alternative you may authorise us to deduct this amount from your pay at the rate of 20 per cent of your net fortnightly salary until recovered in full. The Secretary may approve a lesser amount in circumstances of severe hardship. 34.2 You may authorise at any time the deduction of a greater amount. 34.3 On cessation of employment, you may authorise us to deduct any amount owing to the department from your final payout, and you will be advised of the amount and reason/s in writing for the deduction/s. 34.4 Where you have been underpaid salary or allowances, we will correct the situation as quickly as possible.
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Related to Overpayment or Underpayment of Salary

  • OVERPAYMENT OF PURCHASES OR UNDERPAYMENT OF FEES Without limiting any other remedy available to any Purchaser, Contractor shall (a) reimburse Purchasers for any overpayments inconsistent with the terms of this Contract or Purchase Orders placed thereunder, at a rate of 125% of any such overpayments, found as a result of the examination of Contractor’s records; and (b) reimburse Enterprise Services for any underpayment of vendor management fees, at a rate of 125% of such fees found as a result of the examination of Contractor’s records (e.g., if Contractor underpays the Vendor Management Fee by $500, Contractor would be required to pay to Enterprise Services $500 x 1.25 = $625); Provided, however, that, in the event Contractor timely discovers and corrects any Purchaser overpayment or Contractor underpayment of vendor management fees and does so prior to the initiation of any audit, Contractor shall be entitled to reimburse Purchaser or pay to Enterprise Services the actual amount of such Purchaser overpayment or such underpayment of vendor management fees.

  • Overpayments and Underpayments As a result of the uncertainty in the application of Section 280G of the Code, it is possible that Agreement Payments may have been made by the Company which should not have been made ("Overpayment") or that additional Agreement Payments which will have not been made by HUBCO could have been made ("Underpayment"), in each case, consistent with the calculation of the Reduced Amount hereunder. In the event that the Certified Public Accountants, based upon the assertion of a deficiency by the Internal Revenue Service against HUBCO or Executive which said Certified Public Accountants believe has a high probability of success, determines that an Overpayment has been made, any such Overpayment shall be treated for all purposes as a loan to Executive which Executive shall repay to HUBCO together with interest at the applicable Federal rate provided for in Section 7872(f)(2)(A) of the Code; provided, however, that no amount shall be payable by Executive to HUBCO in and to the extent such payment would not reduce the amount which is subject to taxation under Section 4999 of the Code. In the event that the Certified Public Accountants, based upon controlling precedent, determine that an Underpayment has occurred, any such Underpayment shall be promptly paid by the Company to or for the benefit of the Executive together with interest at the applicable Federal rate provided for in Section 7872(f)(2)(A) of the Code.

  • Repayment of Overpayments a. If, at any time, Good Shepherd identifies any Overpayment, Good Shepherd shall repay the Overpayment to the appropriate payor (e.g., Medicare contractor) within 60 days after identification of the Overpayment and take remedial steps within 90 days after identification (or such additional time as may be agreed to by the payor) to correct the problem, including preventing the underlying problem and the Overpayment from recurring. If not yet quantified, within 60 days after identification, Good Shepherd shall notify the payor of its efforts to quantify the Overpayment amount along with a schedule of when such work is expected to be completed. Notification and repayment to the payor shall be done in accordance with the payor’s policies. b. Notwithstanding the above, notification and repayment of any Overpayment amount that routinely is reconciled or adjusted pursuant to policies and procedures established by the payor should be handled in accordance with such policies and procedures.

  • Underpayments (a) In the event the employee does not receive the wages or benefits to which the record/documentation has for all times indicated the Employer agreed the employee was entitled, the Agency shall notify the employee in writing of the underpayment. This notification will include information showing that an underpayment exists and the amount of wages and/or benefits to be repaid. The Agency shall correct any such underpayment made within a maximum of two (2) years before the modification. (b) This provision shall not apply to claims disputing eligibility for payments which result from this Agreement. Employees claiming eligibility for such things as leadwork, work out of classification pay or reclassification must pursue those claims pursuant to the timelines elsewhere in this Agreement.

  • Overpayment Provider shall be liable to the GLO for any costs disallowed pursuant to financial and/or compliance audit(s) of funds received under this Contract. Provider shall reimburse such disallowed costs from funds other than those that Provider received under this Contract. Provider must refund disallowed costs and overpayments of funds received under this Contract to the GLO within 30 days after the GLO issues notice of overpayment to Provider.

  • Overpayments Contractor promptly shall refund to Purchaser the full amount of any erroneous payment or overpayment. Such refunds shall occur within thirty (30) calendar days of written notice to Contractor; Provided, however, that Purchaser shall have the right to elect to have either direct payments or written credit memos issued. If Contractor fails to make timely refunds of overpayment(s) (either directly or by credit memo), Contractor shall pay Purchaser interest at the rate of one percent (1%) per month on the amount overdue thirty (30) calendar days after notice to Contractor.

  • Salary Overpayment Recovery A. When the Employer has determined that an employee has been overpaid wages, the Employer will provide written notice, via certified mail, to the employee that will include the following items: 1. The amount of the overpayment; 2. The basis for the claim; and 3. The rights of the employee under the terms of this Agreement.

  • Underpayment In the event of a change which results in an underpayment to an employee, the employee shall be properly compensated on or before the next possible paycheck following discovery of the error. Upon request, the District shall provide the employee with specific written explanation for the underpayment through the Payroll Contact Person at the employee’s location.

  • Payment of Salary Employee acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation, commissions and any and all other benefits due to Employee.

  • Payment of Compensation Consultant shall submit to City a monthly itemized statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. City shall, within 30 days of receiving such statement, review the statement and pay all approved charges thereon.

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