Monthly Pay definition

Monthly Pay. ’ means the monthly pay at the time of in- jury, or the monthly pay at the time disability begins, or the monthly pay at the time compensable disability recurs, if the recurrence begins more than 6 months after the injured em- ployee resumes regular full-time employment with the United States, whichever is greater, except when otherwise deter- mined under section 8113 of this title with respect to any pe- riod;

Monthly Pay means the monthly salary provided for in the Appendices of this Agreement.

Monthly Pay. ’ means the monthly pay

Examples of Monthly Pay in a sentence

• In addition to the Monthly Pay prescribed elsewhere in this contract, and effective January 1, 2008, any full time and permanent Employee shall receive an amount equal to one percent (1%) of their basic Monthly Pay deposited into a post employment health care savings plan account, known as the Minnesota Health Care Savings Plan, administered by the Minnesota State Retirement System, established by the Employer in the name of the Employee.

• Effective January 1, 2025, Monthly Pay shall be increased by 1.50% as indicated in Appendix 1.

• The amount of such protection shall be 65% of the Employee's Monthly Pay, including earned longevity award, at the commencement of the qualifying disability but shall not exceed gross Monthly Pay of $9,000.

• Effective January 1, 2019, in addition to the monthly pay prescribed elsewhere in this contract, any full time and permanent employee hired on or after January 1, 2006 shall receive an amount equal to two and one quarter percent (2.25%) of their Basic Monthly Pay deposited into a post-employment health care savings plan account, known as the Minnesota Health Care Savings Plan (HCSP), administered by the Minnesota State Retirement System, established by the Employer in the name of the employee.

• Any classified Employee or Assistant City Attorney who is involuntarily laid off from their employment with the City, shall be entitled to severance payments for a severance period equal to four months of that Employee’s Monthly Pay as of the final day of employment, plus one additional week, calculated at .23 of that Employee’s Monthly Pay as of the final day of employment, for each year of service in excess of 16 years, with total payment not to exceed 26 weeks.

More Definitions of Monthly Pay

Monthly Pay means the monthly pay at the time of injury, or the monthly pay at the time disability begins, or the monthly pay at the time compensable disability recurs, if the recurrence begins more than six months after the injured employee.’”

Monthly Pay. , in relation to a month, means the emoluments receivable by an employee during that month, calculated in accordance with the Act and these Rules;

Monthly Pay means the monthly average of the Participant’s base salary that is paid by the Company for the final consecutive 36-month period of employment with the Company. Bonuses or incentive compensation, fringe benefits, deferred compensation, welfare plan benefits and noncash remuneration shall not be considered as part of the Participant’s base salary for this purpose. Any salary reduction contributions by the Participant to a Section 401(k) plan or Section 125 plan maintained by the Company shall be included in the Participant’s base salary.

Monthly Pay means the monthly salary of the Employee on the assumption that the Employment Contract had not been varied by this Agreement or any similar agreement.

Monthly Pay or “Month’s Pay” means Annual Pay divided by twelve.

Monthly Pay means an Employee's monthly pay as calculated in clause 16. National Employment Standards means Divisions 3 to 12 of Part 2-2 of the FW Act.

Monthly Pay means one-twelfth (1/12) of a Participant's Compensation, as defined in the Pension Plan, received from the Company and any Subsidiary determined without regard to the limitations of Section 401(a)(17) of the Code.