Examples of Annual Rate of Pay in a sentence
An Eligible Employee whose Annual Rate of Pay is $200,000 or more as of both: (i) the date on which an Initial Election is filed with the Committee; and (ii) the first day of the calendar year in which such Initial Election filed.
An Eligible Employee whose Annual Rate of Pay is $125,000 as of each of: (A) June 30, 2002; (B) the date on which an Initial Election is filed with the Committee; and (C) the first day of each calendar year beginning after December 31, 2002.
Annual Rate of Pay Increase Years of ServiceGeneral and Court MembersBase (Economic)Merit & Longevity Years of ServicePolice MembersFire Members If the number of active members remains constant, the total active member payroll is expected to increase 3.0% annually, the base portion of the individual pay increase assumptions.
An employee’s Annual Rate of Pay shall not include sales commissions or other similar payments or awards.