Final Hourly Rate definition

Final Hourly Rate means the Officer’s total pay, including the applicable base and all special items, for that Officer at the time the Officer elects to participate in the Pre- Retirement leave conversion.
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Final Hourly Rate means the Fire Fighter’s total pay, including the applicable base and all special items, for that Fire Fighter at the time the Fire Fighter elects to participate in the Preretirement leave conversion.
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Final Hourly Rate means the Officer’s total pay including the applicable base pay on the uniformed police and uniformed fire salary schedule and all special pay items for that Officer at the time the Officer enrolls in the PDP.
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Examples of Final Hourly Rate in a sentence

  • Each Officer shall receive payment equal to the Officer’s Final Hourly Rate multiplied by either 40 or 80 hours (depending on the Officer’s election at the time of enrollment in the PDP) for each two-week pay period.


More Definitions of Final Hourly Rate

Final Hourly Rate means the Officer’s total pay, including the applicable base and all special items, for that Officer at the time the Officer elects to participate in the Pre Retirement leave conversion.  “457(b) Catch-up contributions” are for participants who are aged 50 or older with a catch up amount of $6,500 (for calendar year 2022)  “Special 457(b) Catch-up contributions” are for participants who are aged 65 or older (as specified in City plan documents) that for the three years prior to the proposed retirement date can contribute to the lesser of two times the normal annual elective deferral limit ($41,000 in 2022) or the normal annual elective deferral limit plus the amount of the basic limit that was not used in prior plan years. Important Note: If a government 457(b) allows both the age-50 catch-up and the 3-year catch- up, the participant can only use the one that allows a larger deferral for the applicable year, but not both.
Sample 1
Final Hourly Rate means the Officer’s total pay, including the applicable base and all special items, for that Officer at the time the Officer enrolls in the PDP. Eligibility: All Officers that have completed 20 or more years of service with the Department will be eligible to participate in the Phase Down Program. Notwithstanding the last sentence, if an Officer’s employment is terminated for cause, he or she will not be eligible to participate in the Phase Down Program.
Sample 1
Final Hourly Rate means the Officer’s total pay, including the applicable base and all special items, for that Officer at the time the Officer enrolls in the PDP.
Sample 1

Related to Final Hourly Rate

  • Hourly Rate means the proposed fully loaded maximum hourly rates that include travel, per diem, fringe benefits and any overhead costs for contractor personnel, as well as subcontractor personnel if appropriate.

  • Hourly Rates means payment on the basis of time reasonably spent on a case (as opposed to payment by way of a Standard Fee) where payment is based on the rates set out in the Remuneration Regulations;

  • hourly rate of pay means a full-time employee’s weekly rate of pay divided by thirty-seven decimal five (37.5); (taux de rémunération horaire)

  • Service Fee means a fee charged by us to you for the administration of your credit facility.

  • Fully Burdened Hourly Labor Rate means an hourly rate that includes all salary, overhead costs, general and administrative expenses, and profit.

  • Standard Rate means, for any day, a rate per annum equal to the Bank's announced Prime Rate minus 0% per annum, and each change in the Standard Rate shall be effective on the date any change in the Prime Rate is publicly announced as being effective.

  • Halfway house means a facility licensed by the division of parole and community services of the department of rehabilitation and correction pursuant to section 2967.14 of the Revised Code as a suitable facility for the care and treatment of adult offenders.

  • Cost-plus-a-percentage-of-cost contract means a contract under which the contractor is paid a percentage of the total actual expenses or costs in addition to the contractor's actual expenses or costs.

  • Service Fees means all fees payable by Party B to Party A pursuant to Article 3 of this Agreement in respect of the Services provided by Party A.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Sewage sludge fee weight means the weight of sewage sludge, in dry U.S. tons, excluding admixtures such as liming materials or bulking agents. Annual sewage sludge fees, as per section 3745.11(Y) of the Ohio Revised Code, are based on the reported sludge fee weight for the most recent calendar year.

  • Compounded Daily SONIA means with respect to an Interest Accrual Period, the rate of return of a daily compound interest investment during the Observation Period corresponding to such Interest Accrual Period (with the daily Sterling overnight reference rate as reference rate for the calculation of interest) and will be calculated by the Calculation Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the Final Terms or Pricing Supplement) on the relevant Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards: Where:

  • Final rate means an indirect cost rate applicable to a specified past period which is based on the actual allowable costs of the period. A final audited rate is not subject to adjustment.

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

  • Three-dimensional reference system means a system as described in Appendix 2 to this annex;