Rate of Overtime. Overtime shall be paid at the rate of time and one-half for the first eight (8) hours of overtime and double time thereafter. There will be no pyramiding of overtime or other premiums under this Agreement. All overtime worked over and above the regular work schedule as defined in Article 13 will be considered overtime. Overtime shall be paid at the rate of time and one half (1.5) for the first eight (8) hours and double time (2.0) thereafter. Any employee who is required to work on a holiday (the actual stipulated day) shall be paid at the rate of double time his/her standard rate of pay for every hour worked in addition to his/her regular holiday pay.
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Sources: Collective Bargaining Agreement, Collective Agreement