Common use of Basic Contribution Clause in Contracts

Basic Contribution. The Employer’s total annual contribution to the retirement plan shall be five percent (5%) of the individual Regular Nurse’s annual pension eligible earnings.

Basic Contribution. The Employer’s total annual contribution to the retirement plan shall be five percent (5%) of the individual Regular Nurse’s annual pension eligible earnings. Retirement Match. In addition a Regular Nurse who makes a voluntary contribution on a before tax or after tax basis of one percent (1%), two percent (2%), three percent (3%) or four percent (4%) of pension eligible earnings will receive an additional matching contribution from the Employer equal to the Regular Nurse’s contribution to the Employer’s Retirement Plan.

Basic Contribution. The Employer’s total annual contribution to the retirement plan shall be five percent (5%) of the individual Regular Nurse’s annual pension eligible earnings. Retirement Match. In addition a Regular Nurse who makes a voluntary contribution of one percent (1%), two percent (2%), three percent (3%) or four percent (4%) of pension eligible earnings will receive an additional matching contribution from the Employer equal to the Regular Nurse’s contribution to the Employer’s Retirement Plan.