Regular monthly salary definition

Regular monthly salary means the amount certified by the participating
Sample 1Sample 2Sample 3
Regular monthly salary means the amount certified by the participating employer as the monthly salary of the eligible employee, unless there is a discrepancy between the certified amount and the amount actually paid, in which case the office shall determine the regular monthly salary.
Sample 1Sample 2Sample 3
Regular monthly salary. The base pay for a classification (as included in Exhibits “A” of this MOU). REINSTATEMENT: Appointment to a vacant position of a former probationary or permanent employee, within two years of the termination date, without obtaining new eligibility through examination. Rein- statement is not mandatory and a former employee must request consideration in writing. Eligibility for reinstatement is no guarantee of appointment and former probationary employees who did not obtain permanent status must complete their probationary period in accordance with Section 5.1 (Pro- bationary Period). REJECTION (PROBATION): The separation of an employee from the service during or at the completion of the probationary period. RELEASE TIME: Paid time off permitted employees, during their scheduled hours of work, to perform Association activities as provided by this MOU. This paid time off is in addition to the employee paid leave and is subject to the conditions of the applicable sections of this MOU. SHIFT: A set of continuous work hours. For 40-hour per week employees, a shift comprises eight (8) hours. For 56-hour per week employees, a shift comprises twenty- four (24) hours, except that the term "day shift" means ten (10) consecutive hours and "night shift" means fourteen (14) consecutive hours and "12-hour shift" is used for purposes of computing leave time and compensatory overtime (for pur- poses of this MOU). The term "working shift" refers to a day or night shift for 56-hour employees or a regular shift for 40-hour employees. The term "assigned shift" refers to separate schedules in effect for 56 hour employees, such as A-shift", "B-Shift" and "C-Shift". For purposes of computing leave time and compensatory overtime (for purposes of this MOU), an average twelve (12) hour shift is used.
Sample 1Sample 2

Examples of Regular monthly salary in a sentence

  • Regular monthly salary payments shall be made on the last teaching day of each month.

  • Pension Plan for Administrati ve Staff 7.5% Regular monthly salary for members with less than 10 years service; 8.0% Regular monthly salary for members with greater than 10 years service; 8.5% Regular monthly salary for members with greater than 20 years service.

  • The diffusion coefficients in configuration space for the other models are tabulated in Table 2.

  • The following formula shall be used to determine the gross amount of the monthly installment under the 10-12 Pay Plan: Regular monthly salary times 10 divided by 12 equals 10-12 Pay Plan gross monthly installments.

  • The reduction of accumulated sick leave in such cases will be made according to the following formula: Reduction of sick leave Employer’s supplement (working days) = to compensation Period of disability (working days) Regular monthly salary The Employer may make advances to the employee pending settlement of the claim against a third party, either from sick leave or from the disability plan.

  • The following formula shall be used to determine the gross amount of the monthly installment under the 11-12 Pay Plan: Regular monthly salary times 11 divided by 12 equals 11-12 Pay Plan gross monthly installments.

  • Group London Life Full cost of f i r s t of insurance Full cost of insurance i n excess of Group Health Insurance London Life Group Long Term Disability Insurance Mutual of Omaha Group Dental Plan Mutual Life Pension Plan Several Regular monthly salary Regular monthly salary less premium Canada Pension Plan Ontario Hospital Insurance Plan Federal Govt.

  • Pension Plan for Administrative Staff 7.5% Regular monthly salary for members with less than 10 years full time service; 8.0% Regular monthly salary for members with greater than 10 years full time service; 8.5% Regular monthly salary for members with greater than 20 years full time service.

  • Crucial, the elucidation of the meaning of ontological wonder challenges this simple oppositional structure.The Conclusion brings together Parts I and II.

  • The reduction of accumulated sick leave in such cases will be made according to the following formula: Reduction of sick leave Employer’s supplement (working days) to compensation Period of disability (working days) Regular monthly salary The employer may make advances to the employee pending settlement of the claim against a third party, either from sick leave or from the disability plan.


More Definitions of Regular monthly salary

Regular monthly salary means the amount certified by the participating employer 685 as the monthly salary of the eligible employee, unless there is a discrepancy between the
Sample 1Sample 2
Regular monthly salary. The base pay for a classification (as included in Exhibits “A” through “E” of this Memorandum of Understanding) and for paramedic assignments. REINSTATEMENT: Appointment to a vacant position of a former probationary or permanent employee, within two years of the termination date, without obtaining new eligibility through examination. Reinstatement is not mandatory and a former employee must request consideration in writing. Eligibility for reinstatement is no guarantee of appointment and former probationary employees who did not obtain permanent status must complete their probationary period in accordance with Section 31 (Probationary Period). REJECTION (PROBATION): The separation of an employee from the service during or at the completion of the probationary period. RELEASE TIME: Paid time off permitted employees, during their scheduled hours of work, to perform Association activities as provided by this Memorandum of Understanding. This paid time off is in addition to the employee paid leave and is subject to the conditions of the applicable sections of this Understanding. SCORING METHODOLOGY: The relative weights of components of a specific examination. This information is to be included in the announcement of the opening of the application process. For example, the announcement would specify that in the scoring of applicants that the written examination shall contribute a maximum of x per cent of the total score and that an assessment center shall contribute a maximum of y per cent, with x + y = 100%. SHIFT: A set of continuous work hours. For 40-hour per week employees, a shift comprises eight (8) hours. For 56-hour per week employees, a shift comprises twentyfour
Sample 1
Regular monthly salary means the amount certified by the participating employer as
Sample 1

Related to Regular monthly salary

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Non-Payment Period Rate means, initially, 200% of the applicable Reference Rate (or 275% of such rate if the Corporation has provided notification to the Auction Agent prior to the Auction establishing the Applicable Rate for any dividend pursuant to paragraph 2(f) hereof that net capital gains or other taxable income will be included in such dividend on shares of AMPS), provided that the Board of Directors of the Corporation shall have the authority to adjust, modify, alter or change from time to time the initial Non-Payment Period Rate if the Board of Directors of the Corporation determines and Moody's and S&P (and any Substitute Rating Agency in lieu of Moody's or S&P in the event either of such parties shall not rate the AMPS) advise the Corporation in writing that such adjustment, modification, alteration or change will not adversely affect their then-current ratings on the AMPS.

  • Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Regular Period means each period from (and including) the Issue Date or any Interest Payment Date to (but excluding) the next Interest Payment Date.

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Pro-rata Annual Bonus means the amount of Annual Bonus, multiplied by a fraction, the numerator of which is the number of days in such year during which the Executive was actually employed by the Company (or its predecessor) and the denominator of which is 365.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Final average salary means whichever of the following is greater:

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30; and the period beginning on and including July 1 and ending on and including December 31.

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Current Annual Compensation means the greater of:

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.