Pay Credits definition

Pay Credits means the amounts, if any, credited to an Appendix G Member’s Cash Balance Account pursuant to Section III.2 of this Appendix G.

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Pay Credits means the allocations made

Pay Credits means the amounts, if any, credited to an Appendix X Participant’s Cash Balance Account pursuant to Section III.2 of this Appendix X.

Examples of Pay Credits in a sentence

• Effective upon ratification of this Agreement, Employees who retire (as defined in the plan) under the Kaleida Health Pension Growth Plan, at age 55 or older, with twenty (20) years of vested service, will be allowed to utilize up to one (1) year of accumulated ESB hours as compensation to be translated into Pay Credits, consistent with the plan documents.

• Whenever Employment Insurance Forms, Vacation Pay and Statutory Holiday Pay Credits are not given employees at the time of termination, they shall be sent by the Employer to the employee by registered letter to their last known address within forty eight (48) hours from the time of termination, unless termination is voluntary, in which case they will receive them by their next regular pay period.

• Whenever Employment Insurance Separation Certificate, Vacation Pay and Statutory Holiday Pay Credits and pay cheque are not given to employees at the time of termination, they shall be sent by the Employer to the employee, by registered mail, to his last known address within three (3) business days of the time of termination.

• Whenever Unemployment Insurance Separation Certificate, pay cheque (and Vacation and Statutory Holiday Pay Credits for Teamsters) are not given to employees at the time of termination, they shall be sent by the Employer affected to the employee by registered mail to his last known address within three (3) days of the time of termination.

• Holiday Pay Credits and pay cheque are not given to employees at the time of termination, they shall be sent by the Employer to the employee, by Registered Mail, to his last known address on file with the Employer within 48 hours of the time of termination.

• All Credits, other than Direct Pay Credits (defined below), that were issued prior to the date of this Agreement for the account of Applicant (“Existing Credits”) shall be deemed Credits under and subject to the terms of this Agreement, and this Agreement shall supersede any previous reimbursement agreements (however titled) that otherwise had governed or applied in respect of any Existing Credits.

• For a month in which a pay transition occurs, a Pilot on monthly salary, shall receive Daily Standard Pay Credits for the entire month.

• GRRSP contributions are based on a FCM’s regular earnings, i.e. Base Pay and Pay Credits and exclude, for example, Draft pay, Overtime, STD/LTD, Northern Living Allowance.

• GRRSP contributions are based on a Flight Crew Member’s regular earnings, i.e. Base Pay and Pay Credits and exclude, for example, Draft pay, Overtime, STD/LTD, Northern Living Allowance.

• Whenever Employment Insurance Separation Certificate, pay cheque (and Vacation and Statutory Holiday Pay Credits for Teamsters) are not given to employees at the time of termination, they shall be sent by the Employer affected to the employee by registered mail to his last known address within three (3) days of the time of termination.

More Definitions of Pay Credits

Pay Credits means amounts credited to a Participant's Account Balance each Payday, based on his or her Covered Compensation paid on such Payday and paid for periods he or she was an

Pay Credits means amounts credited to a Participant’s Account in accordance with Section 3.2.

Pay Credits means dollar credits, based on the Employee's Monthly Compensation and Pay Credit Percentage, that may be credited on a monthly basis to an Employee's Cash Balance Account as described in Section 6A.1(a)(ii).

Pay Credits means additions to the Account Balance based on Salary as described in Article IV.C.