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Grade Pay definition

Grade Pay means the fixed amount corresponding to the pre-revised pay scales or posts specified in column 7 of the Schedule.
Grade Pay means the fixed amount corresponding to the pre-revised pay scales / posts.
Grade Pay means the basic pay drawn by a member of the Service in the grade in which he is appointed substantively;

Examples of Grade Pay in a sentence

  • Pay Grade Pay Grade Pay Grade Notes Position Classification (Effec.

  • The posts of Pro-Vice Chancellor shall be in the Pay Band of Rs.37400-67000 with AGP of Rs. 10000 or Rs. 12000, as the case may be, along with a Special Allowance of Rs.4000 per month, subject to the condition that the sum total of pay in the Pay Band, the Academic Grade Pay and the Special Allowance shall not exceed Rs. 80,000.

  • DISCOMs also submitted that incentive and dis-incentive scheme may be introduced to improve productivity level.The Commission after considering the submissions has decided to continue with the employee cost allocation in the ARR on the same principles as adopted during the second control period.Wages and salaries during this control period would include the base year values of Basic pay and Grade Pay escalated for annual salary increments and inflation based on Govt.

  • The method followed by the 7th CPC shall be adopted in the academic pay structure also, moving from the concept of Pay Band and Academic Grade Pay to that of Levels and Cells.

  • The posts are permanent Pay Scale: Rs. 9,300-34,800 (PB-2) + Rs. 4,600 (Grade Pay) (T.E. Rs. 31,275/- Approx.) + TA and HRA as admissible.

  • Pay Scale: Rs. 37,400 - 67,000 + Rs. 9,000 (Academic Grade Pay) (T.E. Rs. 98,832/- Approx.) + TA and HRA as admissible.

  • The changes will appear only due to the existing difference between the two streams in terms of Academic Grade Pay vis-à-vis the corresponding Grade Pay.

  • Grade Pay slab Ordinary rateSpecial rate at Bombay,Rate for staying in Hotels charging scheduled tariffPune, Nagpur, Aurangabad, Nasik andOrdinary rateSpecial rate at Bombay, Pune, Nagpur, Aurangabad, (for claiming D.A. for staying at Hotels receipt is necessary.)(ii) The Officer who is provided with free lodging or boarding or both, shall be allowed D.A. at reduced rates as shown below–When only lodging is provided 3/4th of the admissible rate.

  • The higher Grade Pay of 6600/- shall be restricted to 50% of the total strength of Assistant Registrars and their equivalent grade.

  • Only Pay Band and Grade Pay/ Pay scale of the post held on regular basis to be mentioned.


More Definitions of Grade Pay

Grade Pay means a fixed amount corresponding to the pre-revised pay scale/posts.
Grade Pay means the Grade pay as defined in clause )f) of Rule 3 of the West Bengal Services (Revision of Pay and Allowances) Rules, 2009.
Grade Pay means the Grade Pay of the post as shown in the Annexure__
Grade Pay means the Grade Pay sanctioned for the post as shown against the Pay Band in Column-5 of the Annexure-1.

Related to Grade Pay

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Weeks pay means the ordinary weekly rate of wage for the employee concerned.

  • Aggregate Overcollateralization Release Amount With respect to any Distribution Date, the lesser of (x) the aggregate of the Principal Remittance Amounts for each Mortgage Pool for such Distribution Date and (y) the amount, if any, by which (i) the Overcollateralization Amount for such date, calculated for this purpose on the basis of the assumption that 100% of the aggregate of the Principal Remittance Amounts for such Distribution Date is applied on such date in reduction of the aggregate Certificate Principal Amount of the Certificates, exceeds (ii) the Targeted Overcollateralization Amount for such Distribution Date.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Base Pay means Executive’s annual base salary rate as in effect from time to time.

  • Collateral Senior Minimum Monthly Interest shall have the meaning specified in subsection 4.02(d).

  • Overcollateralization Release Amount With respect to any Distribution Date, the lesser of (x) the Principal Remittance Amount for such Distribution Date and (y) the Excess Overcollateralized Amount.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Collective agreement year means each twelve (12) month period commencing on the first day of the renewed collective agreement. For example, the collective agreement year for a collective agreement that commences on April 1, 2014 is April 1, 2014 to March 31, 2015 and each period from April 1 to March 31 for the term of the collective agreement.

  • Release Amount has the meaning set forth in Section 4.3(f).

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Collateral Minimum Monthly Interest shall have the meaning specified in subsection 4.02(c).

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Excess Cash Flow Payment Period means, with respect to the repayment required on each Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Peak tube potential means the maximum value of the potential difference across the x-ray tube during an exposure.

  • Period Servicing Amount means, for any twelve month period with respect to each of the Shared-Loss Agreements during which the loss-sharing provisions of the applicable Shared-Loss Agreement are in effect, the product of (i) the simple average of the principal amount of Shared-Loss Loans and Shared-Loss Assets (other than the Shared-Loss Securities) (in each case as defined in the Shared-Loss Agreements), as the case may be, at the beginning of such period and at the end of such period times (ii) one percent (1%).

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).