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Retro Pay Sample Clauses

Retro Pay. Retro pay shall be paid to all Casuals, Terms, Retirees and those who have resigned who were working during the term covered to which the retro pay applies.
Retro Pay. The employee must be employed on the date of Union ratification to receive retro payments.
Retro Pay. When retroactive pay is negotiated, the retroactive payment shall be paid to all employees actively working during the retroactive period.
Retro Pay. All retro pay from July 1, 2007 until the implementation of this contract shall be paid in a lump sum payment no later than two pay periods following the ratification of this agreement.
Retro Pay. Those persons, who are Material Specialists, paid at the thereafter rate anytime from the amendable date of August 16, 2008 to Date of Ratification and are still employees at the Date of Ratification, shall receive the retroactive wage payment. They will be paid on the first scheduled pay period after 120 days of Date of Ratification. Retroactive wage payments are based on the Materials Specialists compensation (401K eligible wages) for the period from August 16, 2008 to the DOR. Retroactive wage payments are based on the Materials Specialists compensation (401K eligible wages) for the period from August 16, 2008 to the DOR. Employees with less than 6 years of seniority and who are not leads shall receive a ratification bonus of 2% based on the Materials Specialists compensation (401K eligible wages) for the 12 month period from August 16, 2009 to August 15, 2010. Both the retroactive wage payment and the ratification bonus will be paid on the first scheduled pay period 120 days after DOR.
Retro PayAll employees employed as of the date of ratification, and any employees that retired from the Palace Casino between the period of November 2, 2013, up to an including the date of ratification will receive three and one half (3.5%) percent retro pay on all hours worked between November 2, 2013, and November 2, 2014, and an additional three (3.0%) percent retro pay for all hours worked between November 2, 2014 and the date of ratification at the new rate of pay, less applicable withholding taxes. NOTE: Retro pay does not apply to any employee that voluntarily resigned, were terminated by the Employer, or did not pass their probationary period during the above mentioned period. This Letter of Understanding will remain in place for the duration of the Collective Bargaining Agreement at which time it may be removed, reviewed, cancelled, or renegotiated based upon the success of the program.
Retro Pay. 52.1 Retro pay shall be paid to all Casuals, Terms, Retirees and those who have resigned who were working during the term covered to which the retro pay applies. 1. Wages 1. A $2.50 adjustment to the Trades Classifications as defined in Appendix “C” to this agreement;

Related to Retro Pay

  • Premium Pay “Premium Pay” is a special pay rate for working during times that are less desirable, such as weekends, holidays or late shifts. The City will not pay the Consultant Premium Pay.

  • Holiday Premium Pay A Nurse working on a recognized Holiday is entitled to the following compensation for any hours worked on the calendar date of the recognized Holiday: A. A Full-Time or Part-Time Nurse who is regularly scheduled to work on a recognized Holiday shall be paid at the rate of one and one-half times (1.5 x) the Nurse’s regular rate of pay; or B. A Nurse who works overtime (as defined in Article 7.07) on a recognized Holiday shall be paid at the rate of two times (2 x) the Nurse’s regular rate of pay for the overtime worked.

  • Overtime and Premium Pay A nurse shall be paid at the rate of one and one- half (1½) times the nurse’s regular hourly rate of pay for all hours worked in any one category listed below, including statutory overtime pay under 9.4.1 or premium pay under 9.4.2 through

  • Premiums The premiums for insurance policies required pursuant to this Article must be paid as a common expense by the Owners' Association.

  • Shift Premiums (a) All employees who are required by the Employer to rotate over two (2) or more shifts shall receive a shift premium of thirty cents ($0.30) for each hour worked on the afternoon or evening shifts only. Shift premium will not be paid for any hour in which an employee receives overtime premium and shift premium will not form part of the employee's straight time hourly rate. (b) In no event shall there be any pyramiding of benefits or payments.

  • PREMIUM TAX The Reinsurer will not reimburse the Ceding Company for premium taxes.

  • Premium Payments The insurance companies shall have no recourse against the County and funding agencies, its officers and employees or any of them for payment of any premiums or assessments under any policy issued by a mutual insurance company.

  • Premium Taxes If premium taxes are incurred, they will be deducted from the contract accumulation, to the extent permitted by law.

  • Retroactive Pay All employees shall receive full retroactive pay to May 21, 2021 for all hours worked and/or paid. Retroactive pay shall be paid to all employees within thirty (30) calendar days following the date of Union ratification of this Agreement. Retroactive pay will be issued to each employee in the bargaining unit on paycheques that are separate and apart from the employee's normal earnings.

  • Terminal Pay Any employee at normal retirement or his/her beneficiary if service is terminated by death, shall be provided terminal pay. Such terminal pay shall not exceed an amount determined as follows: 1. During the first three (3) years of service: a. The affected employee’s daily rate of pay on July 1, 1994, multiplied by 35 percent multiplied by the number of unused sick leave days held on July 1, 1994. b. The affected employee’s daily rate of pay at the time sick leave is earned times 35 percent times the number of days of accumulated sick leave earned after July 1, 1994. 2. During the fourth (4th) through sixth (6th) years of service: a. The affected employee’s daily rate of pay on July 1, 1994, multiplied by 40 percent multiplied by the number of unused sick leave days held on July 1, 1994. b. The affected employee’s daily rate of pay at the time sick leave is earned times 40 percent times the number of days of accumulated sick leave earned after July 1, 1994. 3. During the seventh (7th) through ninth (9th) years of service: a. The affected employee’s daily rate of pay on July 1, 1994, multiplied by 45 percent multiplied by the number of unused sick leave days held on July 1, 1994. b. The affected employee’s daily rate of pay at the time sick leave is earned times 45 percent times the number of days of accumulated sick leave earned after July 1, 1994. 4. During the tenth (10th) through the twelfth (12th) year of service: a. The affected employee’s daily rate of pay on July 1, 1994, multiplied by 50 percent multiplied by the number of unused sick leave days held on July 1, 1994. b. The affected employee’s daily rate of pay at the time sick leave is earned times 50 percent times the number of days of accumulated sick leave earned after July 1, 1994. 5. During and after the thirteenth (13th) year of service: a. The affected employee’s daily rate of pay on July 1, 1994, multiplied by the number of unused sick leave days held on July 1, 1994. b. The affected employee’s daily rate of pay at the time sick leave is earned* multiplied by the number of days of accumulated sick leave earned. 6. No employee who meets the eligibility requirements listed above may receive any compensation for sick leave payments unless they sign and execute the Payment of Sick Leave Upon Retirement Agreement provided by the Superintendent. This Agreement requires the retiring Board employee to seek, accept, and cash the first retirement benefit check issued by the Florida Retirement System. The employee must qualify for “normal retirement” which under this policy shall mean retirement under plan A, B, C, D, E under the Florida Retirement System or any other plan established by the Legislature with either full or reduced benefits as provided by law. Normal retirement shall not be interpreted to include disability retirement. *Note: “At the time sick leave is earned” shall be interpreted to mean the value of sick leave at the end of each school year or at the time the affected employee retires, whichever comes first.