Additional Required Employee Contribution Sample Clauses

Additional Required Employee Contribution. In addition to the required employee contribution, employees covered by this section 7.9.1 will contribute an additional amount as follows:  50% of the City's PERS contribution above 14.025%.
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Additional Required Employee Contribution. In addition to the required employee contribution, employees covered by this section 7.11.1 will contribute an additional amount as follows: The Union and the City agree that if the City’s total employer contribution rate for Tier 1 employees is more than 14.025%, the amount above 14.025% will be shared equally between the City (50%) and the Tier 1 employees (50%) (“Employer Contribution Rate Formula”). This Employer Contribution Rate Formula shall continue upon the expiration of this Memorandum of Understanding. For Tier 1 employees, the total employee contribution maximum cap shall not exceed 14% (“Maximum Cap”). This 14% Maximum Cap includes: (a) The existing 8% employee contribution; and (b) Any additional cost sharing of the employer contribution that may result from application of the Employer Contribution Rate Formula. The Maximum Cap of 14% shall continue upon the expiration of this Memorandum of Understanding, except employees shall be required to pay any increases to the CalPERS-established employee contribution amount, as set forth in Section C.
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Additional Required Employee Contribution. In addition to the required employee contribution, employees covered by this section 7.9.2 will contribute an additional amount as follows:  50% of the City's CalPERS contribution for the 2% @ 60 Plan above 14.025%.
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Related to Additional Required Employee Contribution

  • Employee Contribution Eligible employees shall contribute one percent (1%) of their salary on a per pay period basis to the HCSP.

  • Employee Contributions (a) Each participant shall be allowed to contribute on a bi-weekly basis up to an amount equal to eighty percent (80%) of the Participant’s wage. Such bi-weekly wage deductions shall be in increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, after-tax, Xxxx basis or any combination.

  • Special Parental Allowance for Totally Disabled Employees (a) An employee who:

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

  • Contribution Formula Dental Coverage a. Faculty Member Coverage. For faculty member dental coverage, the Employer contributes an amount equal to the lesser of ninety percent (90%) of the faculty member premium of the State Dental Plan, or the actual faculty member premium of the dental plan chosen by the faculty member. However, for calendar years beginning January 1, 2006, and January 1, 2007, the minimum employee contribution shall be five dollars ($5.00) per month.

  • Special Maternity Allowance for Totally Disabled Employees (a) An employee who:

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

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