Common use of Rate Retention Clause in Contracts

Rate Retention. The base rate of an employee who, under Article 22, accepts downgrade rather than electing layoff shall be, for the ninety (90) calendar-day-period after the downgrade, a rate that is not less than the rate he/she held immediately preceding the downgrade. However, this provision shall not apply to any period of employment within a bargaining unit covered by this Agreement after termination, layoff, employee-requested downgrade or transfer to a unit or group to which this Agreement does not apply within the ninety (90)-day period with the following exception: if such an individual is recalled from layoff to a job title to which he/she had been downgraded, and the recall occurs less than ninety (90)-calendar-days after such downgrade, he/she will receive rate retention prospectively for the portion of the ninety (90)-calendar-day period that remained at the time of layoff. If an employee receives a Temporary Promotion (as provided in Section 22.1(q)) to the job title from which he/she was most recently surplused and the employee is receiving rate retention pay as a result of such downgrade, the 90-calendar-day period will be extended one (1) day for each day of such Temporary Promotion.

Rate Retention. The base rate of an employee who, under Article 22, accepts downgrade rather than electing layoff shall be, for the ninety (90) calendar-day-period after the downgrade, a rate that is not less than the rate he/she held immediately preceding the downgrade. However, this provision shall not apply to any period of employment within a bargaining unit covered by this Agreement after termination, layoff, employee-requested downgrade or transfer to a unit or group to which this Agreement does not apply within the ninety (90)-day period with the following exception: if such an individual is recalled from layoff to a job title to which he/she had been downgraded, and the recall occurs less than ninety (90)-calendar-days after such downgrade, he/she will receive rate retention prospectively for the portion of the ninety (90)-calendar90)- calendar-day period that remained at the time of layoff. If an employee receives a Temporary Promotion (as provided in Section 22.1(q)) to the job title from which he/she was most recently surplused and the employee is receiving rate retention pay as a result of such downgrade, the 90-calendar-day period will be extended one (1) day for each day of such Temporary Promotion.