Common use of – PRO RATA DEFINITION Clause in Contracts

– PRO RATA DEFINITION. For the purposes of this Agreement “pro rata” shall mean the appropriate regular hourly work schedule of the employee so affected, divided by 2080 hours. Proration shall apply to Article 20 Benefits – Extended Health Insurance, Life Insurance, Dental and Long term Disability Example: Employee’s regular hours – 1040 per year (a) Extended health, Family coverage 1040/2080 x 90% = 45% x $50.46 = $22.70 (Board participation)

Appears in 5 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

– PRO RATA DEFINITION. For the purposes of this Agreement “pro rata” shall mean the appropriate regular hourly work schedule of the employee so affected, divided by 2080 1236 hours. Proration shall apply to Article 20 article 21 Benefits – Extended Health Insurance, Life Insurance, Dental and Long term Disability Example: Employee’s regular hours – 1040 –1200 per year (a) Extended health, Family coverage 1040/2080 1200/1236 x 90% = 45% x $50.46 = $22.70 $ (Board participation)

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

– PRO RATA DEFINITION. For the purposes of this Agreement “pro rata” shall mean the appropriate regular hourly work schedule of the employee so affected, divided by 2080 1249 hours. Proration shall apply to Article 20 21 Benefits – Extended Health Insurance, Life Insurance, Dental and Long term Term Disability Example: Employee’s regular hours – 1040 1000 per year (a) Extended health, Family coverage 1040/2080 1000/1249 x 90% = 4572% x $50.46 = $22.70 36.33 (Board participation)

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

– PRO RATA DEFINITION. For the purposes of this Agreement “pro rata” shall mean the appropriate regular hourly work schedule of the employee so affected, divided by 2080 1249 hours. Proration shall apply to Article 20 Benefits – Extended Health Insurance, Life Insurance, Dental and Long term Term Disability Example: Employee’s regular hours – 1040 1000 per year (a) Extended health, Family coverage 1040/2080 1000/1249 x 90% = 4572% x $50.46 = $22.70 36.33 (Board participation)

Appears in 1 contract

Samples: Collective Bargaining Agreement

AutoNDA by SimpleDocs

– PRO RATA DEFINITION. For the purposes of this Agreement “pro rata” shall mean the appropriate regular hourly work schedule of the employee so affected, divided by 2080 1287.5 hours. Proration shall apply to Article 20 article 21 Benefits – Extended Health Insurance, Life Insurance, Dental and Long term Disability Example: Employee’s regular hours – 1040 =1200 per year (a) Extended health, Family coverage 1040/2080 1200/1287.5 x 90% = 45% x $50.46 = $22.70 $ (Board participation)) Note: Effective September 1, 2011 calculation is 1200/1449 x 90%

Appears in 1 contract

Samples: Collective Bargaining Agreement

– PRO RATA DEFINITION. For the purposes of this Agreement “pro rata” shall mean the appropriate regular hourly work schedule of the employee so affected, divided by 2080 1236 hours. Proration shall apply to Article 20 article 21 Benefits – Extended Health Insurance, Life Insurance, Dental and Long term Disability Example: Employee’s regular hours – 1040 =1200 per year (a) Extended health, Family coverage 1040/2080 1200/1236 x 90% = 45% x $50.46 = $22.70 $ (Board participation)) Note: Effective September 1, 2007 calculation is 1200/1287.5 x 90%

Appears in 1 contract

Samples: Collective Bargaining Agreement

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