How is the payment to be prorated if an employee retires, is laid off or dies between January 1, 2001 and June 30, 2001?

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How is the payment to be prorated if an employee retires, is laid off or dies between January 1, 2001 and June 30, 2001?

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At 75% of the normal prorated amount as was the policy last year. Question 15: Are managers who are dismissed or resign during the rating year eligible to receive a PARS payment. Answer: No.

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