Retroactivity definition
Examples of Retroactivity in a sentence
Retroactivity will be paid within four full pay periods (approximately 8 weeks) of the date of ratification or arbitration award.
Retroactivity shall only apply to provisions of the salary adjustment in Appendix “A”, annexed hereto.
Retroactivity will be paid within two pay periods (bi-weekly) of the employee making such claim.
Retroactivity will be paid for all hours paid by the Employer to all eligible employees on the payroll as of the expiry date of the agreement and to all new such employees hired since that date.
Retroactivity will be paid within 90 days of the date of this agreement.
Retroactivity shall be paid on wage increases, including any payments based on the wage rate (for example, the percentage in lieu of benefits, vacation pay, and SUB).
Retroactivity, however, shall be limited to 30 calendar days prior to the date of filing the grievance.
Retroactivity cheques shall be made up and given to current employees within thirty (30) days following ratification.
Retroactivity paid later than the six (6) week period shall include interest calculated at the prime rate.
Retroactivity, if any, shall be limited to the date of the submission of a grievance or, in the case of the introduction of a new position, the effective date of the new position.