Common use of Retroactive Salary Increases Clause in Contracts

Retroactive Salary Increases. (a) For the purpose of this clause, "retroactive period" means the period commencing on the date of the retroactive upward revision in rates of pay and ending on the day this Agreement is signed or when an arbitral award is rendered therefore. (b) A retroactive upward revision shall apply to all employees, former employees or in the case of death, the estates of former employees who were employees in the bargaining unit during the retroactive period. (c) Rates of pay shall be paid in an amount equal to what would have been paid had the Agreement been signed or an arbitral award rendered therefore on the effective date of the revision in rates of pay. (d) (i) In order for former employees or, in the case of death, for the former employees' representatives to receive payment in accordance with clause 27.19 (c), the Employer shall notify, by registered mail, such individuals at their last known address that they have thirty (30) days from the date of receipt of the registered letter to request in writing such payment after which time any obligation upon the Employer to provide payment ceases.

Appears in 3 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement