Common use of Regular Special Rated Classification Clause in Contracts

Regular Special Rated Classification. 3.4.1 A Regular Special-Rated classification is an employee who has regular status but chooses not to participate in any of Kinectrics’ Health, Dental, Pension & Life insurance plans and Article 64 of the Collective Agreement. In lieu of these benefits, the base rate may be increased to an agreed upon amount. The employer shall inform the Society of the increased base rate and this rate shall form an essential and enforceable part of the collective agreement for the employee involved. 3.4.2 This classification is only to be used for external hires that have at least 25 years or more experience, or existing employees who are eligible for an undiscounted pension who choose to retire, subject to existing laws. This classification is not available for, or applicable to other employees. Nevertheless, the parties can agree to the hiring of individuals into this classification with less than 25 years experience. Such approval shall not be unreasonably withheld. 3.4.3 Payments made under this provision cannot be used to calculate compensation for the purposes of medication-arbitration.

Regular Special Rated Classification. 3.4.1 A Regular Special-Rated classification is an employee who has regular status but chooses not to participate in any of Kinectrics’ Health, Dental, Pension Pension, Long Term Disability & Life insurance plans and Article 64 of the Collective Agreement. In lieu of these benefits, the base rate may be increased to an agreed upon amount. The employer shall inform the Society of the increased base rate and this rate shall form an essential and enforceable part of the collective agreement for the employee involved. 3.4.2 This classification is only to be used for external hires that have at least 25 years or more experience, or existing employees who are eligible for an undiscounted pension who choose to retire, subject to existing laws. This classification is not available for, or applicable to other employees. Nevertheless, the parties can agree to the hiring of individuals into this classification with less than 25 years experience. Such approval shall not be unreasonably withheld. 3.4.3 Payments made under this provision cannot be used to calculate compensation for the purposes of medication-arbitration.