Periodic Payments GLAIC will pay the Policyholder the amounts specified in the Accumulation Fund Schedule as Periodic Payouts, including the Maturity Payout, on the dates specified (subject to Section 4.7). Such payment amounts are adjusted to reflect any other payment payable under this Section of the Policy. The interest factor used in making such adjustments is the Guaranteed Rate.
Paychecks All regular paychecks of employees in the bargaining unit shall be itemized to include all standard deductions.
Workday The length of the workday shall be designated by the District for each classified assignment in accordance with the provisions set forth in this Agreement. Each bargaining unit employee shall be assigned a fixed, regular, and ascertainable minimum number of hours.
Pre-Layoff Canvass (a) Where the Employer identifies to the Union a need to proceed with a layoff of Employees pursuant to Article 12.1, the Employer shall, prior to issuing a layoff notice to any Employee under Article 12, canvass any Employee or group of Employees within the area identified for reduction in order to invite on a voluntary basis:
Permanent Full-Time Employees Pay and benefits will be computed on a monthly pay status basis.
Paydays (a) Employees shall be paid biweekly (Fridays).
Full-Time Employees A full-time employee is one engaged as such and whose ordinary hours of work average 38 hours per week. The employee’s ordinary hours of work will not exceed an average of 38 hours per week over a 4 week period. Although the actual hours of work may vary from week to week, with some weeks greater than 38 hours and other weeks less, the employee will not work in excess of 152 ordinary hours in any four week period.
Workdays 1. All workdays when the central and administrative offices are open shall be duty days for unit members employed on a 12-month basis.
Quarterly Payments H3.15 The quarterly payment cannot be increased in cases of target over-achievement. The payments are given on cumulative outputs, in arrears, and therefore the maximum payment available will be given by the end of the Contract if the agreed (target) number of outputs is reached or exceeded.
Payday (a) Employees shall be paid biweekly.