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Pay Intervals Sample Clauses

Pay Intervals. 59 60 The annual compensation of employees working less than 12 months per year will be paid in 10 or 61 11 monthly installments, unless the employee selects the option of voluntarily reducing each 62 monthly installment by an amount required to total 12 monthly installments. 3 1. The District recognizes the value of its long-term employees and provides the following 4 compensation in lieu of other early retirement incentives or bonuses. The service recognition 5 is available only to those employees leaving employment for retirement purposes and who will 7 upon leaving the District's employment. A year of District service is defined as twelve months 8 and forty hours per week. Partial or part-time years may be combined to create full years and 9 will be rounded to the nearest full year increment. 11 2. The following schedule applies to classified staff members on the Classified Salary Schedule: 13 Years of District Service 14 5 – 9 $13,000 10 – 14 $17,000 15 – 19 $21,000 20 – 24 $25,000 25 + $30,000 15 16 3. Employees receiving the service recognition award may elect these options: 18 a. Cash disbursement
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Pay Intervals. 59 60 The annual compensation of employees working less than 12 months per year will be paid in 10 or 61 11 monthly installments, unless the employee selects the option of voluntarily reducing each 62 monthly installment by an amount required to total 12 monthly installments. 3 1. The District recognizes the value of its long-term employees and provides the following 4 compensation in lieu of other early retirement incentives or bonuses. The service recognition 5 is available only to those employees leaving employment for retirement purposes and who will 6 begin receiving retirement benefits from the Public EmployeesRetirement System immediately 7 upon leaving the District's employment. A year of District service is defined as twelve months 8 and forty hours per week. Partial or part-time years may be combined to create full years and 9 will be rounded down to the nearest full year increment. Hours worked as a substitute do not 10 count towards the Service Recognition Award calculation. 11 12 Example: 195 paid days/year x 7 hours/day = 1,365 hours/year. 1,365 hours/year x 15 years = 13 20,475 hours worked. 20,475 hours worked divided by 2080 = 9.84 years. The employee 14 receives a Service Recognition Award for 9 years. 16 2. The following schedule applies to classified staff members on the Classified Salary Schedule: 18 Years of District Service 19 5 – 9 $13,000 10 – 14 $17,000 15 – 19 $21,000 20 – 24 $25,000 25 + $30,000 20 21 3. Employees receiving the service recognition award may elect these options: 23 a. Cash disbursement 24 b. Purchase of a tax-deferred annuity or similar product 25 c. Benefit Payment Account
Pay Intervals. 51 52 The annual compensation of employees working less than 12 months per year will be paid in 10 or 53 11 monthly installments, unless the employee selects the option of voluntarily reducing each 54 monthly installment by an amount required to total 12 monthly installments.
Pay Intervals. All Sergeants covered by the terms of this Agreement shall be paid at intervals of fourteen
Pay Intervals. All employees covered by the terms of this Agreement shall be paid at intervals of fourteen

Related to Pay Intervals

  • Pay Increases The District shall make a lump sum payment of an agreed-upon retroactive wage increase resulting from this contract or any amendments thereto within ninety (90) days of the agreement between the District and the Association.

  • Shift and Weekend Premium (a) Effective July 1, 2021, an employee shall be paid a shift premium of one dollar and five cents ($1.05) per hour for each hour worked between the hours of 1500 and 0700. Effective July 1, 2022, an employee shall be paid a shift premium of one dollar and fifteen cents ($1.15) per hour for each hour worked between the hours of 1500 and 0700. Effective July 1, 2023, an employee shall be paid a shift premium of one dollar and twenty cents ($1.20) per hour for each hour worked between the hours of 1500 and 0700. (b) Effective July 1, 2021, an employee shall be paid a weekend premium of one dollar and twenty cents ($1.20) per hour for each hour worked between 2300 hours Friday and 2300 hours Sunday, or such other forty-eight (48) hour period as the local parties may agree upon or as defined in the Collective Agreement. If an employee is receiving premium pay pursuant to a local scheduling regulation with respect to consecutive weekends worked, the employee will not receive weekend premium under this provision. Effective July 1, 2022, an employee shall be paid a weekend premium of one dollar and thirty cents ($1.30) per hour for each hour worked between 2300 hours Friday and 2300 hours Sunday, or such other forty-eight (48) hour period as the local parties may agree upon or as defined in the Collective Agreement. If an employee is receiving premium pay pursuant to a local scheduling regulation with respect to consecutive weekends worked, the employee will not receive weekend premium under this provision. Effective July 1, 2023, an employee shall be paid a weekend premium of one dollar and thirty-five cents ($1.35) per hour for each hour worked between 2300 hours Friday and 2300 hours Sunday, or such other forty-eight (48) hour period as the local parties may agree upon or as defined in the Collective Agreement. If an employee is receiving premium pay pursuant to a local scheduling regulation with respect to consecutive weekends worked, the employee will not receive weekend premium under this provision.

  • Weekend Premium An employee shall be paid a weekend premium of one dollar and forty-five cents ($1.45) per hour for each hour worked between 2400 hours Friday to 2400 hours Sunday or such other 48 hour period that the Hospital may establish. If an employee is in receipt of premium payment pursuant to a local scheduling regulation with respect to consecutive weekends worked, he will not receive weekend premium under this provision. Effective June 28, 2005, the weekend premium shall be increased to $1.55 per hour.

  • Increments Leave of absence shall not affect annual increments, when granted for educational purposes and parental leave. (Reference Article 12 - Anniversary Date and Increments.)

  • Frequency Your milk must be supplied on a consistent basis throughout the week on either a daily or skip-a-day basis as agreed by you and DFMC, except in emergencies. DFMC has no obligation to collect your milk more frequently than once per day, but may agree to do so from time to time. If, at DFMC’s election, your milk is collected more frequently than you require, no Gate Fees or charges will apply for the additional collections.

  • Instalments Instalment Notes will be redeemed in the Instalment Amounts and on the Instalment Dates. In the case of early redemption, the Early Redemption Amount will be determined pursuant to paragraph (e) above.

  • Debts Each party agrees to be separately liable for his or her debts incurred prior to the marriage. During the course of the marriage, both parties shall be responsible for any expenses incurred for the basic necessities of life, such as food, basic clothing needs, shelter, and medical care. With respect to credit card accounts, each party shall retain separate credit card accounts for his or her respective use, if desired.

  • Pay Dates Pay dates shall be on the fifteenth (15th) and the last day of each month.

  • Charges and Payments 14.1 Our charges will be subject to any applicable tax, levy, fee or other liabilities, charges, costs and expenses payable in connection with the transactions effected on your behalf. 14.2 You will pay any amount owed to us upon demand in freely transferable, cleared and available same day funds in the currency and to the accounts that we specify and without making any set-off, counterclaim, deduction or withholding for any tax. In the event that a payment you make exceeds the requested amount by £10 or less (a “de minimis amount”), you agree that the de minimis amount shall be irrevocably transferred to us, belong to us and may be retained by us, and does not need to be returned to you. 14.3 If you default in paying any amount owed to us when it is due, interest may, at our discretion, be payable by you at a rate, not exceeding the base rate from time to time in force, of Barclays Bank plc, plus 4% per annum. Interest will accrue on a daily basis and will be due and payable by you as a separate debt. 14.4 You will be responsible for the payment of any applicable tax and any brokerage, transfer fees, registration fees and all other liabilities, charges, costs and expenses payable or incurred by us and / or a custodian in connection with your instructions. We may deduct or withhold any such estimated or actual charges at our discretion. Any difference between such estimated amounts and the final confirmed liability shall be credited or debited to your account as quickly as practicable. 14.5 You agree to our limited application of the detailed costs and charges disclosure requirements under the FCA Rules in our absolute discretion, including but not limited to: (a) providing information to you about our costs and charges in a format other than a durable medium; (b) not providing you with details of third party payments in relation to our ex-ante costs and charges disclosure; (c) not providing you with an illustration of the cumulative effect of costs on the return on an investment; and (d) not providing you with details of the foreign exchange rate which we have used to convert costs and charges denominated in one currency into the currency in which our usual costs and charges figures are disclosed. 14.6 We will notify you of our costs and charges related to the provision of our services and financial instruments in good time prior to the provision of such service. Our costs and charges may be amended from time to time, and we will notify you of any such changes. Any such changes will not apply to transactions executed prior to the time of the change. 14.7 We will not (save to the extent we are required under Applicable Law) provide you with annual statements of the actual cost and charges you incur, unless you request for such disclosure by speaking to your usual Deutsche Numis contact. 14.8 You undertake to us that: (a) you have not, and your respective officers, directors, employees, agents, associated persons or any other individuals or entities acting for or on your behalf have not: (i) fraudulently evaded tax; (ii) been knowingly concerned in the criminal evasion of tax; or (iii) taken any steps with a view to criminally evade tax or facilitate the criminal evasion of tax, under Applicable Law; and (b) you have put in place all reasonable prevention procedures as may be required to prevent the criminal facilitation of tax evasion by any associated person under Applicable Law.

  • Installments For purposes of Section 409A of the Code (including, without limitation, for purposes of Treasury Regulation Section 1.409A-2(b)(2)(iii)), Executive’s right to receive any installment payments under this Agreement shall be treated as a right to receive a series of separate payments and, accordingly, each such installment payment shall at all times be considered a separate and distinct payment.

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