Active Rate definition

Active Rate means the cost which an active employee, employed by the City of Fort Wayne is required to contribute towards the total Premium Cost for group health insurance benefits annually. The Active Rate may change from year to year.
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Active Rate means the rate of pay set out in Appendix 1 or Appendix 2 that applies to Active Duty.
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Examples of Active Rate in a sentence

  • If you are eligible for the Active Rate Period, to obtain the company subsidy you must enroll in COBRA coverage with ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ by phone or through their website.

  • For example, if an employee’s contracted minimum average hours are 10 hours per week, but the employee only works a total of 35 hours in a four week period, the employee will be paid for the additional 5 hours at the Active Rate.

  • If you are eligible for the Active Rate Period, to obtain the company subsidy you must enroll in COBRA coverage with Will▇▇ ▇▇▇▇▇▇ ▇▇▇s▇▇ ▇▇ phone or through their website.

  • In recognition of this, the Composite Rates have been calculated using only 6 hours of Off Duty On Call in every 24 hour period (that is, 2 hours of the Off Duty On Call Period is already paid at the Active Rate).

  • Commencing January 1, 2004, the insurance plan shall switch from the PEBB uniform Medical Plan PPO to the PEBB Composite Active Rate plan for uniform medical PPO.

Related to Active Rate

  • Effective Rate shall have the meaning given to such term in Section 2.7(e).

  • Alternative Rate means an alternative benchmark or screen rate which the Independent Adviser determines in accordance with Condition 5(j)(ii) is customarily applied in international debt capital markets transactions for the purposes of determining rates of interest (or the relevant component part thereof) in the same Specified Currency as the Notes.

  • Federal Funds Effective Rate means, for any day, the weighted average (rounded upwards, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing selected by it.

  • Fed Funds Effective Rate means, in respect of a day, the rate of interest (expressed as an annual rate) as published in Federal Reserve Statistical Release H.15 (519) or Reuters Screen FEDFUNDS 1 Page or Bloomberg Page FEDL01 INDEX or any substituted publication therefor, charged for federal funds (dollars in immediately available funds borrowed by banks on an overnight unsecured basis) on that day or the immediately preceding day for which it had a value, or, if not available, ascertained from any other source as the Margin Loan Provider may deem appropriate.

  • NYFRB Rate means the rate for a federal funds transaction quoted at 11:00 a.m. on such day received by the Administrative Agent from a federal funds broker of recognized standing selected by it; provided, further, that if any of the aforesaid rates as so determined be less than zero, such rate shall be deemed to be zero for purposes of this Agreement.