Applicable Wages means the basic straight time wages for all hours worked, including: the straight time component of hours worked on a holiday; holiday pay, for the hours not worked; and vacation pay. All other payments, premiums, allowances etc. are excluded.
Applicable Wages means the basic straight time wages for all hours worked and in addition;
(i) the straight time component of hours worked on a holiday; and
(ii) holiday pay, for the hours not worked; and
(iii) vacation pay; and
(iv) sick pay paid directly the Employer (but not short-term indemnity payments paid by an insurer) which results in the Employee receiving full payment for the hours missed due to illness. Applicable wages includes any sick pay which an Employee is permitted to receive in cash despite not having been absent from the workplace; and
(v) All other payments, premiums, allowances and similar payments are excluded.
Examples of Applicable Wages in a sentence
The employer shall contribute on behalf of each Eligible Employee for each pay period, an amount equal to two percent (2%) of Applicable Wages to Plan.
T-systems is the class T P( ) of all and only the systems of type T that have the property P.
Effective date of ratification the Employer shall contribute on behalf of all employees who would be Eligible Employees but for their age or their receipt of a pension from the Plan two percent (2%) of Applicable Wages to a fund of the employee’s choice.
Applicable Wages means regular wages inclusive of overtime and premiums, vacation pay, and sick pay when not in receipt of RBC Weekly Indemnity or LTD benefits.
Contributions for eligible Employees shall be made by the Employer to the MSPP at a rate of 3% of Applicable Wages.
More Definitions of Applicable Wages
Applicable Wages mean such wages as defined in Internal Revenue Service Notice 2020-65 (and any corresponding wages under state or local tax applicable Law).
Applicable Wages means the basic straight time wages for all hours worked, including: the straight time component of hours worked on a holiday;
Applicable Wages means the basic straight time wages for all hours worked and in addition;
(1) the straight time component of hours worked on a holiday; and
(2) holiday pay, for the hours not worked; and
(3) vacation pay; and
(4) sick pay paid directly the Employer (but not short-term indemnity payments paid by an insurer) which results in the Employee receiving full payment for the hours missed due to illness. Applicable wages includes any sick pay which an Employee is permitted to receive in cash despite not having been absent from the workplace. All other payments, premiums, allowances and similar payments are excluded.
Applicable Wages means the gross salary earned within the bargaining unit. "Eligible Employee" means full- time and part-time employees in the bargaining unit who have completed six months, or one thousand (1,000) hours of service, whichever comes first.
Applicable Wages means the basic straight time wages for all hours worked and in addition:
i. the straight time component for hours worked on a holiday; and
ii. holiday pay, for the hours not worked; and,
iii. vacation pay; and,
iv. sick pay paid directly by the Employer (but not short-term indemnity payments paid by an insurer) which results in the Employee receiving full payment for the hours missed due to illness. Applicable wages includes any sick pay which an Employee is permitted to receive in cash despite not having been absent from the workplace.
Applicable Wages means the basic straight time wages for all hours worked, including: the straight time component of Xxxxx worked on a ; holiday pay, for the hours not worked; and vacation pay. All other payments, premiums, allowances etc. are excluded. means full-time and part-time employees in the bargaining unit who have completed nine hundred and seventy-five hours of service. Each Eligible Employee covered by this Collective Agreement shall contribute from each pay period an amount equal to (four percent) of applicable wages to the Plan. The Employer shall match such contributions, the amount being (four percent) of applicable wages. The employee and Employer contributions shall be paid to the Plan within thirty (30) days after the end of the calendar month in which the pay period ends for which the contributions are attributable. The Union acknowledges and agrees that other than making its contributions to the Plan as set out in this Article, the Employer shall not be obligated to contribute towards the cost of benefits provided by the Plan, or be responsible for providing any such benefits. The Union and Employer acknowledge and agree that under current pension legislation, and/or regulations, the Employer has no requirement to fund any deficit in the Plan, but is required to contribute only that amount as required by the Collective Agreement in force between the parties It is understood and agreed by the Employer and the Union that should the current pension legislation or regulations be changed so that the Employer's obligation to contribute to the Plan exceeds the amount specified in the Collective Agreement then in force, the parties will meet directly to finalize methods to relieve the Employer of this increased obligation to the extent that any such obligations exceeds that which the Employer would have if the Plan were a defined contribution plan. The Employer agrees to provide to the Administrator of the Plan, on a timely basis, all information required pursuant to the Pension Benefits Act, as amended, which the Administrator may reasonably require in order to properly record and process pension contributions and pension benefits. The information required to be provided by the Employer may be provided in the form normally maintained by the Employer, whether on computer disc, manual records, or otherwise. In the event such information is not readily available without review of other information not relevant to the Plan, the Plan shall make arrangements with t...