Fringe Benefit Credit definition

Fringe Benefit Credit means the amount identified as “Fringes” for the trade on the General Wage Decisions (Davis-Bacon Wage determinations).
Fringe Benefit Credit means the amount identified as “Fringes” for the trade on the General Wage Decisions, 40 U.S.C. § 3142 (2017).

Examples of Fringe Benefit Credit in a sentence

  • In order to convert the Worker’s salary into an hourly rate of pay, divide the employee’s weekly, bi-weekly or monthly earnings by the total number of hours Worked (government and non-government), including overtime hours for the time period used.114$800.00 (weekly salary) / 40 (total weekly hours) = $20.00$1,600.00 (bi-weekly salary) / 80 (total bi-wee kly hours) = $20.00$3,200.00 (monthly salary) / 160 (total monthly hours) = $20.00 APPENDIX B FRINGE BENEFIT CREDIT Fringe Benefit Credit Calculation.

  • Laws § 37-13-10, overtime shall be calculated on the Base Hourly Rate of Pay listed in the General Wage Decisions (Davis-Bacon Wage Determinations) and not the Fringe Benefit Credit amount.

  • Administrative expenses incurred by a Contractor in connection with the administration of a Bona Fide Fringe Benefit plan are not creditable towards the Total Prevailing Wage Rate.G. Federal, State & Local Fringe Benefit Credit Prohibited.

  • The full Fringe Benefit Credit amount listed in the General Wage Decisions (Davis-Bacon Wage Determinations) must be added to the adjusted Base Hourly Rate of Pay.

  • The Fringe Benefit Credit amount listed in the applicable General Wage Decisions (Davis-Bacon Wage Determinations) must always be paid in full as either a bona fide Fringe Benefit Credit or cash equivalent or both.

  • The full Fringe Benefit Credit amount listed in the General Wage 40 U.S.C. § 3142 (2017), must be added to the adjusted Base Hourly Rate of Pay.

  • According those background, this current research aimed to find how the principle of the quantitative restriction outlined in GATT 1994 over the restrictions of nickel export by Indonesia was implemented.

  • Notification of failure to comply with or make reasonable progress toward the AVR performance standards established in section 9905 and those strategies contained in the trip reduction/TDM strategy plan when monitoring by the City Traffic Engineer or his/her designee determines that such compliance or progress is not being achieved.

  • The full Fringe Benefit Credit amount listed in the General Wage, 40U.S.C. § 3142 (2017), must be added to the adjusted Base Hourly Rate of Pay.

  • For example, if creating an adjustment for a salaried employee, you will have at least four Journal Entry Lines: 1) Salary Credit Amount 2) Salary Debit Amount 3) Fringe Benefit Credit Amount 4) Fringe Benefit Debit Amount If adjusting more than one pay period for the same employee, you can create multiple sets of journal lines in the same journal entry, ensuring different Budget Dates are entered as appropriate.

Related to Fringe Benefit Credit

  • Fringe benefit means health insurance, a retirement benefit received under a pension plan or defined contribution plan, a paid vacation day, a paid holiday, sick leave, or any other similar employee benefit provided by an employer.

  • Fringe benefits means the amount of:

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • superannuation benefits means pensions, gratuities and other allowances payable on resignation, retirement or death;

  • pension means a pension or annual allowance paid under the Public Service Superannuation Act (PSSA), R.S., 1985, c. P-36, and any increases paid pursuant to the Supplementary Retirement Benefits Act, R.S., 1985, c. S-24 as it affects the PSSA. It does not include pensions payable pursuant to the Canadian Forces Superannuation Act, R.S., 1985, c. C-17, the Defence Services Pension Continuation Act, 1970, c. D-3, the Royal Canadian Mounted Police Pension Continuation Act , 1970, c. R-10, and the Royal Canadian Mounted Police Superannuation Act, R.S., 1985, c. R-11, the Members of Parliament Retiring Allowances Act, R.S. 1985, c. M-5, and that portion of pension payable to the Canada Pension Plan Act, R.S., 1985, c. C-8.

  • Disability benefit recipient means a member who is receiving a disability benefit.

  • Medicare benefit means the Medicare benefit payable within the meaning of Part II of the Health Insurance Act 1973 with respect to a professional service.

  • Health benefits plan means a benefits plan which pays or