Faculty Administrative Stipends Clause Samples

Faculty Administrative Stipends. Stipends currently in place for faculty administrative positions that are occupied by employees covered by this Agreement shall be increased as follows: 12.6.1 Effective the first day of the first full pay period after April 1, 2015 or the first day of the first full pay period after the date of tentative settlement of the collective agreement (whichever is later): one percent (1%). The Parties agree that retroactive adjustment will apply in the case of a tentative settlement on or before September 1, 2015. After that date there will be no retroactive adjustment. 12.6.2 Effective the first day of the first full pay period after February 1, 2016: Economic Stability Dividend*. 12.6.3 Effective the first day of the first full pay period after April 1, 2016: one-half of one percent (0.5%). 12.6.4 Effective the first day of the first full pay period after February 1, 2017: one percent (1%) plus Economic Stability Dividend*. 12.6.5 Effective the first day of the first full pay period after April 1, 2017: one-half of one percent (0.5%). 12.6.6 Effective the first day of the first full pay period after February 1, 2018: one percent (1%) plus Economic Stability Dividend*. 12.6.7 Effective the first day of the first full pay period after April 1, 2018: one-half of one percent (0.5%). 12.6.8 Effective the first day of the first full pay period after February 1, 2019: one percent (1%) plus Economic Stability Dividend*.
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Faculty Administrative Stipends. Stipends currently in place for faculty administrative positions that are occupied by employees covered by this Agreement shall be increased by 2.1% effective April 1st of each 2007, 2008, and 2009.
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Faculty Administrative Stipends. Stipends currently in place for faculty administrative positions that are occupied by employees covered by this Agreement shall be increased as follows: 12.6.1 Effective the first day of the first full pay period after April 1, 2019: two percent (2%). The Parties agree that retroactive adjustment will apply from the date of ratification to April 1, 2019 in the case of a tentative settlement on or before June 30, 2020. After that date there will be no retroactive adjustment. The Parties agree that PSEA and FPSE may extend this June 30, 2020 deadline by mutual agreement. 12.6.2 Effective the first day of the first full pay period after April 1, 2020: two percent (2%). The Parties agree that retroactive adjustment will apply from the date of ratification to April 1, 2020 in the case of a tentative settlement on or before June 30, 2020. After the date there will be no retroactive adjustment. The Parties agree that PSEA and FPSE may extend this June 30, 2020 deadline by mutual agreement. 12.6.3 Effective the first day of the first full pay period after April 1, 2021: two percent (2%).
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Faculty Administrative Stipends. Stipends currently in place for faculty administrative positions that are occupied by employees covered by this Agreement shall be increased as follows: 12.6.1 Effective January 1, 2013, by one percent (1.0%). The new rates shall be rounded to the nearest whole cent or dollar as applicable. 12.6.2 Effective April 1, 2013, by one percent (1.0%). The new rates shall be rounded to the nearest whole cent or dollar as applicable. 12.6.3 Effective September 1, 2013 or the date of tentative settlement of the local parties’ Memorandum of Agreement (whichever is later), by one percent (1.0%). The new rates shall be rounded to the nearest whole cent or dollar as applicable. 12.6.4 Effective January 1, 2014, by one percent (1.0%). The new rates shall be rounded to the nearest whole cent or dollar as applicable.
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Related to Faculty Administrative Stipends

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