Employee Share a. Perspective on strengths and growth priorities for their existing work, team, work, etc.
Employee Share. Effective July 1, 2016, iInsurance eligible employees hired after June 30, 2011, or who become insurance eligible after June 30, 2011, will pay 15% of the yearly medical, dental, and prescription cost for single or family coverage. Any insurance eligible employee hired before July 1, 2011, will pay 1110% of the yearly medical, dental, and prescription cost for single or family coverage for the duration of the 2021-2024 contract.2016-2017 school year. Any employee hired after July 1, 2011, will pay 15% for the 2021-2022 school year, and 15% for the 2022-2023 school year., 11% for the 2017-2018 school year, and 11% for the 2018-2019 school year.
Employee Share. The employees in the second tier shall pay the entire employee share (9%) of retirement cost.
Employee Share. Effective with the first pay period including July 1, 2012 employees in Pension Groups A, B and C described in Section 1 above shall pay 8% if enrolled in the 2.7%@55 benefit or 7% if enrolled in the 2%@60 benefit.
Employee Share. Effective 2/1/2013, all Tier I and Tier II employees shall pay the employee’s share of the retirement contribution, either 8% for the 2.7@ @ 55 formula or 7% for the 2%@ 55 formula. Effective 1/1/2013, Tier III employees shall pay the employee contribution required by the PEPRA, calculated at 50% of the normal cost. Employer Share. Effective 2/1/2013, all employees shall pay 1.304% of their salary toward the employer cost of retirement in accordance with Section 20516 of the California Government Code. The City will pay the employer contribution for the Fourth Level 1959 Survivor Benefit. For Tier I and II employees, the final compensation retirement calculation shall be based upon their single highest year of compensation earnable as provided under Section 20042 of the California Government Code. The compensation earnable period for Tier III PEPRA employees will be three years. The City and SBPDA acknowledge that the PEPRA laws and regulations shall govern a determination of whether employees are hired as “new members” or “classic or legacy” members.
Employee Share. The parties agree that by July they will meet and allocate the employee monies, as collected in rebate form, to the benefit plan system of as per the employee wishes and as negotiated by the parties. APPENDIX LETTER OF UNDERSTANDING Between SASKATCHEWAN GOVERNMENT EMPLOYEES’ UNION ACADEMIC BARGAINING UNIT And SASKATCHEWAN INSTITUTE OF APPLIED SCIENCE AND TECHNOLOGY
Employee Share. Effective February 1, 2013, all Tier I and Tier II employees shall pay the employee’s share of the retirement contribution, either eight percent (8%) for the two and seven-tenths precent at fifty-five (2.7% @ 55) formula or seven percent (7%) for the two percent at fifty-five (2% @ 55) formula. Effective January 1, 2013, Tier III employees shall pay the employee contribution required by the PEPRA, calculated at fifty percent (50%) of the normal cost.
Employee Share. Basic Group Life Full cost of first $25,000 of insurance + additional insurance funded by E.I. rate reduction Full cost of insurance in excess of that paid by Employer Extended Health Insurance as per co-insurance as per co-insurance Group Long Term Disability Insurance l00% 0% Group Dental Plan as per co-insurance as per co-insurance 67 Pension Plan* 7.5% Regular monthly salary less CPP premium or 2.5% earnings 6% Regular monthly salary less CPP premium or 2.5% earnings * Effective July 1, 1992: the Employer share increases to 8% regular monthly salary for employees with 10 years of regular full-time service; and for employees with 20 years of regular full-time service the Employer share is 8.5% regular monthly salary. Canada Pension Plan 3.9% of salary to Y.M.P.E.(2000) 3.5% of salary to Y.M.P.E.(2000) Ontario Hospital Insurance Plan 100% 0% Employment Insurance as required as required PLAN EMPLOYER SHARE CONTRIBUTIONS
Employee Share. Group Life Insurance (optional) NIL Full premium according to age and amount of insurance selected Dependent Life Insurance (optional) Accidental Death and Dismemberment (optional) Additional Pension Plan (optional) NIL Full premium according to amount of insurance selected NIL Full premium according to amount of insurance selected NIL Voluntary up to maximum allowed under the provisions of the Canadian Income Tax Act
Employee Share. Effective the first full pay period following City Council approval of the MOU, employees shall pay 9.0% of the employee PERS rate.
