Common use of Prorating Clause in Contracts

Prorating. In the event an employee’s longevity pay increases during the year for which he is being paid in December, then such payment shall be prorated within the longevity classifications on a monthly basis with the employee receiving credit for the higher rate for the month in which, by his anniversary date, he is entitled to the higher rate.

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement