diff --git a/db/migrate/009_convert_member_rate_to_full_rates.rb b/db/migrate/009_convert_member_rate_to_full_rates.rb
index 9a6e3f2..ed3589e 100644
--- a/db/migrate/009_convert_member_rate_to_full_rates.rb
+++ b/db/migrate/009_convert_member_rate_to_full_rates.rb
@@ -6,13 +6,31 @@ rescue LoadError
   raise Exception.new(RateMigrationErrorMessage)
 end
 
+require_dependency 'user'
+require_dependency 'member'
+
 class ConvertMemberRateToFullRates < ActiveRecord::Migration
   def self.up
     self.check_that_rate_plugin_is_installed
+    
+    # Add a new Rate object for each Member
+    Member.find(:all, :conditions => ['rate IS NOT NULL']).each do |member|
+      say_with_time "Converting rate for #{member.user.to_s} - #{member.project.to_s}" do
+        rate = Rate.new({
+                          :user => member.user,
+                          :amount => member.rate,
+                          :project => member.project,
+                          :date_in_effect => member.created_on
+                        })
+        rate.save!
+      end
+    end
+    
   end
   
   def self.down
     self.check_that_rate_plugin_is_installed
+    raise ActiveRecord::IrreversibleMigration, "Can't move rates back onto the Members"
   end
   
   def self.check_that_rate_plugin_is_installed