Applicable Wages definition
Applicable Wages means the basic straight time wages for all hours worked, including:
Applicable Wages means the basic straight time wages for all hours worked, including: the straight time component of hours worked on a holiday; holiday pay, for the hours not worked; and vacation pay. All other payments, premiums, allowances etc. are excluded.
Applicable Wages means the basic straight time wages for all hours worked and in addition:
Examples of Applicable Wages in a sentence
The employer shall contribute on behalf of each Eligible Employee for each pay period, an amount equal to two percent (2%) of Applicable Wages to Plan.
Each eligible Employee’s total pension contribution shall be 8.0% of Applicable Wages.
Contributions for eligible Employees shall be made by the Employer to the MSPP at a rate of 3% of Applicable Wages.
Applicable Wages means regular wages inclusive of overtime and premiums, vacation pay, and sick pay when not in receipt of RBC Weekly Indemnity or LTD benefits.
The Employer’s total pension contribution for each eligible Employee shall be 8.0% of Applicable Wages.
More Definitions of Applicable Wages
Applicable Wages mean such wages as defined in Internal Revenue Service Notice 2020-65 (and any corresponding wages under state or local tax applicable Law).
Applicable Wages means the basic straight time wages for all hours worked and in addition;
(i) the straight time component of hours worked on a holiday; and
(ii) holiday pay, for the hours not worked; and
(iii) vacation pay; and
(iv) sick pay paid directly the Employer (but not short-term indemnity payments paid by an insurer) which results in the Employee receiving full payment for the hours missed due to illness. Applicable wages includes any sick pay which an Employee is permitted to receive in cash despite not having been absent from the workplace; and
(v) All other payments, premiums, allowances and similar payments are excluded.
Applicable Wages means the basic straight time wages for all hours worked, including: the straight time component of hours worked on a holiday;
Applicable Wages means the basic straight time wages for all hours worked and in addition:
i. the straight time component for hours worked on a holiday; and
ii. holiday pay, for the hours not worked; and,
iii. vacation pay; and,
iv. sick pay paid directly by the Employer (but not short-term indemnity payments paid by an insurer) which results in the Employee receiving full payment for the hours missed due to illness. Applicable wages includes any sick pay which an Employee is permitted to receive in cash despite not having been absent from the workplace.
Applicable Wages means the basic straight time wages for all hours worked and in addition;
(1) the straight time component of hours worked on a holiday; and
(2) holiday pay, for the hours not worked; and
(3) vacation pay; and
(4) sick pay paid directly the Employer (but not short-term indemnity payments paid by an insurer) which results in the Employee receiving full payment for the hours missed due to illness. Applicable wages includes any sick pay which an Employee is permitted to receive in cash despite not having been absent from the workplace. All other payments, premiums, allowances and similar payments are excluded.
Applicable Wages means the gross salary earned within the bargaining unit. "Eligible Employee" means full- time and part-time employees in the bargaining unit who have completed six months, or one thousand (1,000) hours of service, whichever comes first.
Applicable Wages means the basic straight time wages for all hours worked and in addition: the straight time component of hours worked on a holiday pay, for the hours not worked; and vacation pay. All other payments, premiums, allowances and similar payments are excluded Eligible means full-time and part-time employees in the bargaining unit who have completed nine hundred and (975) hours of service. Each Eligible Employee covered by this Collective Agreement shall contribute for each pay period an amount equal to four percent (4%) of applicable wages to the Plan. The Employer shall contribute on behalf of each eligible employee for each pay period, an amount equal to four percent (4%) of applicable wages to the Plan. The employee and Employer contributions shall be remitted to the Plan by the Employer within thirty (30) days after the end of the calendar month in which the pay period ends for which the contributions are attributable. The Union acknowledges and agrees that other than making its contributions to the Plan as set out in this Article, the Employer shall not be obligated to contribute towards the cost of benefits provided by the Plan, or be responsible for providing any such benefits. The Union and the Employer acknowledge and agree that under current pension legislation, and/or regulations, the Employer has no requirement to fund any deficit the Plan, but is required to contribute only that amount as required by the Collective Agreement in force between the parties. It is understood and agreed by the Employer and the Union that should the current pension legislation or regulations be changed so that the Employer's obligation to contribute to the Plan exceeds the amount specified the Collective Agreement then in force, the parties will meet directly to finalize methods to relieve the Employer of this increased obligation to the extent that any such obligations exceeds that which the Employer would have if the Plan were a defined contribution plan. The Employer agrees to provide to the Administrator of the Plan, on a timely basis, all information required pursuant to the Pension Benefits Act, as amended, which the Administrator may reasonably require in order to properly record and process pension contributions and pension benefits. For further specificity, the terms required for each eligible employee by Article of the Agreement are: Date of Hire Date of Birth Date of First Contribution Seniority List to include hours from date of hire to fund entry the purpose...