Examples of Benefit rate in a sentence
Whenever an updated Prevailing Wage Rate and Supplemental Benefit is published by NYS DOL or the NYC Comptroller and becomes effective, OGS shall update all Contractors’ Maximum Not-to-Exceed Hourly Straight time and Overtime Xxxx Rates to reflect the total percentage change, increase or decrease, of the Prevailing Wage Rate plus the Supplemental Benefit rate.
Rates consistent with or lower than our federally-negotiated rates(If this box is checked, please attach a copy of your Fringe Benefit rate agreement or provide a URL link to the agreement.)URL:Other rates (please specify the basis on which the rate has been calculated in Section F below and affirm the rates are consistently applied to all sponsored research proposals).
Benefits for part of a week will be calculated at the rate of one-seventh of the Weekly Benefit rate multiplied by the number of days you are Totally Disabled during that week.Disability Premiums will be waived during the period for which benefits are being paid.
A minimum Fringe Benefit rate of 7.65% for FICA is required for all contracts.
Minimum Benefits means Benefits are only payable at the Minimum Benefit rate (an amount set by the Federal Government) forNon-Participating Hospitals, and for surgically implanted Prosthesis on the Australian Government approved Prosthesis List.These Benefits may not cover all of your Hospital costs.