In Pay Status definition

In Pay Status means that a participant is entitled to remuneration from a member organization under the terms of his or her appointment.
In Pay Status means, with respect to a benefit, that an Executive or Beneficiary has met all of the requirements to receive such benefit, and it is being paid or is about to be paid to such Executive or Beneficiary. No benefit can be paid under this Plan unless the Executive has incurred a Separation from Service.
In Pay Status means earning pay through the City’s active employee payroll system.

Examples of In Pay Status in a sentence

  • Hours Equivalent of Employment In Pay Status Earned Per Pay Period Day* Earned Per Year 10th-15th .1308 10.464 34 16th .1346 10.768 35 17th .1385 11.080 36 18th .1423 11.384 37 19th .1462 11.696 38 20th on .1500 12.000 39 *Calculations are based on 8-hour shifts.

  • Years of Service In Pay Status 0 - 10 years .058 x number of regular hours (maximum 120 hrs/15 days per year) 10 - 15 years .064 x number of regular hours (maximum 144 hrs/18 days per year) 15 - 20 years .081 x number of regular hours (maximum 168 hrs/21 days per year) 20 or more years .092 x number of regular hours (maximum 192/24 days per year) Eligible employees may accumulate a maximum of two times the total number of annual leave credits they are eligible to earn per year.


More Definitions of In Pay Status

In Pay Status means, with respect to a benefit under the Plan, that a Participant or Beneficiary has met all of the requirements to receive such benefit and it is being paid or is about to be paid to such Participant or Beneficiary.
In Pay Status means earning pay.
In Pay Status means an employees’ regular wages (including benefit leave pay) is greater than zero. All annual leave accruals must be exhausted prior to taking leave without pay.
In Pay Status means a benefit under the Plan that is currently being paid or that is about to be paid to a Participant or Beneficiary under Section 5.01, 6.01, 6.03 or 6.04.
In Pay Status means hours during a pay period for which an employee is entitled to pay. It includes time worked, paid holidays, all forms of paid leave, compensatory time, and suspension with pay.
In Pay Status means, with respect to a benefit under the Plan, that a Participant or Beneficiary has met all of the requirements to receive such benefit and it is being paid or that the date on which such benefit is to commence has passed.
In Pay Status. Defined. For the purposes of this Section, benefits shall be deemed "in pay status" if the Participant's Benefit Commencement Date occurs on or before the date of his/her death.