Regular day of pay definition

Regular day of pay means the employee’s annual salary divided by the required number of days of service as set forth in the employee’s contractual work year. If the District challenges the Workers’ Compensation claim, the participant may draw from the Bank, but upon settlement of the claim, the Bank shall be reimbursed the days by the District.

Related to Regular day of pay

  • Basic Rate of Pay means the incremental step in the Salaries Schedule applicable to an Employee in accordance with the terms of this Collective Agreement, exclusive of all premium payments.