Retroactive pay definition

Retroactive pay. A unit member shall receive retroactive pay to the date of hire if the error(s) in placement were due to factors other than the unit member’s failure to provide necessary documentation of his/her correct placement on the salary schedule, provided that the unit member appeals his or her initial placement prior to the completion of his/her first twelve (12) months of full-time faculty service in the District.
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Examples of Retroactive pay in a sentence

  • Retroactive pay will be paid on a separate cheque where the existing payroll system allows.

  • Retroactive pay shall be paid to all employees within thirty (30) calendar days following the date of Union ratification of this Agreement.

  • Retroactive pay shall be issued to each employee in the bargaining unit on paycheques that are separate and apart from their normal earnings.

  • Retroactive pay shall be received by employees no later than ninety (90) calendar days after the signing of this agreement.

  • Retroactive pay shall include paid holidays and accrual of sick leave days.

  • Retroactive pay will not be paid to any person who has separated from the district prior to ratification date, except for normal or disability retirement.

  • Retroactive pay shall apply to all current and past Members except those who have resigned their positions at The University of Western Ontario to take employment elsewhere.

  • Retroactive pay, where applicable, shall be paid on the first regular pay day following execution of this Agreement, if possible, and in any case not later than the second regular pay day.

  • Retroactive pay will be issued to each employee in the bargaining unit on paycheques that are separate and apart from the employee's normal earnings.

  • Retroactive pay will be made available to terminated employees on written request to the Employer by the employee.

Related to Retroactive pay

  • Retroactive Date means the date specified in the Schedule.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Annual Salary means the salary given under this Part.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]