Pay in Lieu of Benefits. Change the differential to 15% over the step one CLS I rate in Structure A. Such flat rate shall be determined by carrying the calculations to the third decimal place and rounding to the nearest cent. Example: the Rate effective the payroll period closest to April 1, 2001 shall be $3.53.
Appears in 3 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement