Common use of Computation of Payment Clause in Contracts

Computation of Payment. Grandfathered ▇▇▇▇ leave shall be charged at a rate equal to the time absent from the normally assigned shift.. A. Part day grandfathered sick leave shall commence at the time the employee leaves the work area and shall end at the time the employee returns to the work area. B. Upon separation from employment, any unused grandfathered sick leave shall be forfeited and will not be paid as separation pay, except in the case of death or retirement under the County’s PERS retirement system. Upon retirement, twenty-five percent (25%) of all the employee’s accumulated grandfathered sick leave shall be paid to the employee’s HRA VEBA Trust Account. Upon death, twenty-five percent (25%) of all of the employee’s accumulated grandfathered sick leave shall be paid to the employee’s estate. Payment of accumulated grandfathered sick leave is calculated by multiplying the employee’s base hourly rate times twenty-five percent (25%) of the employee’s accumulated grandfathered sick leave hours. All payments of accumulated grandfathered sick leave are based on the employee’s April 1, 2017, base hourly rate.

Appears in 1 contract

Sources: Labor Agreement

Computation of Payment. Grandfathered ▇▇▇▇ sick leave shall be charged at a rate equal to the time absent from the normally assigned shift... A. a. Part day grandfathered sick leave shall commence at the time the employee leaves the work area and shall end at the time the employee returns to the work area. B. b. Upon separation from employment, any unused grandfathered sick leave shall be forfeited and will not be paid as separation pay, except in the case of death or retirement under the County’s PERS retirement systemsystems. Upon retirement, twenty-five percent (25%) of all the employee’s accumulated grandfathered sick leave shall be paid to the employee’s HRA VEBA Trust Account. Upon death, twenty-five percent (25%) of all of the employee’s accumulated grandfathered sick leave shall be paid to the employee. Upon death, twenty-five percent (25%) of the employee’s accumulated grandfathered sick leave shall be paid to his or her estate. Payment of accumulated grandfathered sick leave is calculated by multiplying the employee’s base hourly rate times twenty-five percent (25%) of the employee’s accumulated grandfathered sick leave hours. All payments of accumulated grandfathered sick leave are based on the employee’s April 1, 2017, base hourly rate.

Appears in 1 contract

Sources: Labor Agreement

Computation of Payment. Grandfathered ▇▇▇▇ sick leave shall be charged at a rate equal to the time absent from the normally assigned shift... A. a. Part day grandfathered sick leave shall commence at the time the employee leaves the work area and shall end at the time the employee returns to the work area. B. b. Upon separation from employment, any unused grandfathered sick leave shall be forfeited and will not be paid as separation pay, except in the case of death or retirement under the County’s PERS retirement system. Upon retirement, twenty-five percent (25%) of all the employee’s accumulated grandfathered sick leave shall be paid to the employee’s HRA VEBA Trust Account. Upon death, twenty-five percent (25%) of all of the employee’s accumulated grandfathered sick leave shall be paid to the employee’s his or her estate. Payment of accumulated grandfathered sick leave is calculated by multiplying the employee’s base hourly rate times twenty-five percent (25%) of the employee’s accumulated grandfathered sick leave hours. All payments of accumulated grandfathered sick leave are based on the employee’s April 1, 2017, base hourly rate.

Appears in 1 contract

Sources: Labor Agreement

Computation of Payment. Grandfathered ▇▇▇▇ leave shall be charged at a rate equal to the time absent from the normally assigned shift... A. a. Part day grandfathered sick leave shall commence at the time the employee leaves the work area and shall end at the time the employee returns to the work area. B. b. Upon separation from employment, any unused grandfathered sick leave shall be forfeited and will not be paid as separation pay, except in the case of death or retirement under the County’s PERS retirement system. Upon retirement, twenty-five percent (25%) of all the employee’s 's accumulated grandfathered sick leave shall be paid to the employee’s HRA VEBA Trust Account. Upon death, twenty-five percent (25%) of all of the employee’s accumulated grandfathered sick leave shall be paid to the employee’s estate. Payment of accumulated grandfathered sick leave is calculated by multiplying the employee’s 's base hourly rate times twenty-five percent (25%) of the employee’s 's accumulated grandfathered sick leave hours. All payments of accumulated grandfathered sick leave are based on the employee’s 's April 1, 2017, 2017 base hourly rate.

Appears in 1 contract

Sources: Labor Agreement

Computation of Payment. Grandfathered ▇▇▇▇ sick leave shall be charged at a rate equal to the time absent from the normally assigned shift... A. Part day grandfathered sick leave shall commence at the time the employee leaves the work area and shall end at the time the employee returns to the work area. B. Upon separation from employment, any unused grandfathered sick leave shall be forfeited and will not be paid as separation pay, except in the case of death or retirement under the County’s PERS retirement system. Upon retirement, twenty-five percent (25%) of all of the employee’s accumulated grandfathered sick leave shall be paid to the employee’s HRA VEBA Trust Account. Upon death, twenty-five percent (25%) of all of the employee’s accumulated grandfathered sick leave shall be paid to the employee’s estate. Payment of accumulated grandfathered sick leave is calculated by multiplying the employee’s base hourly rate times time twenty-five percent (25%) of the employee’s accumulated grandfathered sick leave hours. All payments of accumulated grandfathered sick leave are based on the employee’s April May 1, 2017, base hourly rate.

Appears in 1 contract

Sources: Collective Bargaining Agreement

Computation of Payment. Grandfathered ▇▇▇▇ leave shall be charged at a rate equal to the time absent from the normally assigned shift... A. Part day grandfathered sick leave shall commence at the time the employee leaves the work area and shall end at the time the employee returns to the work area. B. Upon separation from employment, any unused grandfathered sick leave shall be forfeited for- feited and will not be paid as separation pay, except in the case of death or retirement under the County’s PERS or PSERS retirement systemsystems. Upon retirement, twenty-twenty- five percent (25%) of all the employee’s accumulated grandfathered sick leave shall be paid to the employee’s HRA VEBA Trust Account. Upon death, twenty-five percent (25%) of all of the employee’s accumulated grandfathered sick leave shall be paid to the employee’s his/her estate. Payment of accumulated grandfathered sick leave is calculated by multiplying the employee’s base hourly rate times twenty-five percent (25%) of the employee’s accumulated grandfathered sick leave hours. All payments of accumulated grandfathered sick leave are based on the employee’s April 1, 2017, base hourly rate.

Appears in 1 contract

Sources: Collective Bargaining Agreement