Common use of REASSIGNMENT PAY PROTECTION PLAN Clause in Contracts

REASSIGNMENT PAY PROTECTION PLAN. 33.01 If, because of force surplus adjustments, employees are assigned to jobs where the rate of pay of the new job is less than the current rate of the employee’s regular job, the rate of pay will be reduced over a period of time based on the employee’s length of service. The reductions in pay are effective at periods following reassignment as shown below and are based on the difference in rates for the old and new job. 0 - 5 YEARS Weeks 1 through 30 - No Reduction Weeks 31 through 34 - 1/3 Reduction Weeks 35 through 38 - 2/3 Reduction Weeks 39 & thereafter - Full Reduction 5 - 12 YEARS Weeks 1 through 56 - No Reduction Weeks 57 through 60 - 1/3 Reduction Weeks 61 through 64 - 2/3 Reduction Weeks 65 & thereafter - Full Reduction

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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REASSIGNMENT PAY PROTECTION PLAN. 33.01 If, because of force surplus adjustments, employees are assigned to jobs where the rate of pay of the new job is less than the current rate of the employee’s 's regular job, the rate of pay will be reduced over a period of time based on the employee’s 's length of service. The reductions in pay are effective at periods following reassignment as shown below and are based on the difference in rates for the old and new job. 0 - 5 YEARS Weeks 1 through 30 - No Reduction Weeks 31 through 34 - 1/3 Reduction Weeks 35 through 38 - 2/3 Reduction Weeks 39 & thereafter - Full Reduction 5 - 12 YEARS Weeks 1 through 56 - No Reduction Weeks 57 through 60 - 1/3 Reduction Weeks 61 through 64 - 2/3 Reduction Weeks 65 & thereafter - Full Reduction

Appears in 1 contract

Samples: Agreement

REASSIGNMENT PAY PROTECTION PLAN. 33.01 24.01 If, because of force surplus adjustments, employees are assigned to jobs vacancies where the rate of pay of the new job is less than the current rate of the employee’s regular job, the rate of pay will be reduced over a period of time based on the employee’s length of service. The reductions in pay are effective at periods following reassignment reassignments as shown below and are based on the difference in rates for the old and new job. 0 - 5 YEARS Weeks Week 1 through 30 - No Reduction Weeks 31 through 34 - 1/3 Reduction Weeks 35 through 38 - 2/3 Reduction Weeks 39 & thereafter - Full Reduction 5 - 12 YEARS Weeks 1 through 56 - No Reduction Weeks 57 through 60 - 1/3 Reduction Weeks 61 through 64 - 2/3 Reduction Weeks 65 & thereafter - Full Reduction

Appears in 1 contract

Samples: Agreement

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REASSIGNMENT PAY PROTECTION PLAN. 33.01 If, because of force surplus adjustments, employees are assigned to jobs where the rate of pay of the new job is less than the current rate of the employee’s regular job, the rate of pay will be reduced over a period of time based on the employee’s length of service. The reductions in pay are effective at periods following reassignment as shown below and are based on the difference in rates for the old and new job. 0 - 5 YEARS Weeks Week 1 through 30 - No Reduction Weeks 31 through 34 - 1/3 Reduction Weeks 35 through 38 - 2/3 Reduction Weeks 39 & thereafter - Full Reduction 5 - 12 YEARS Weeks 1 through 56 - No Reduction Weeks 57 through 60 - 1/3 Reduction Weeks 61 through 64 - 2/3 Reduction Weeks 65 & thereafter - Full Reduction

Appears in 1 contract

Samples: Agreement

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