BENEFIT CONTRIBUTION Sample Clauses

BENEFIT CONTRIBUTION. The District’s annual maximum cap/contribution is $9,275 (nine thousand two hundred seventy five dollars) on behalf of full-time bargaining unit members and their eligible dependents for employee fringe benefits. This dollar amount will be used toward the following list of mandatory benefits: 7.1.1 Health and major medical insurance 7.1.2 Dental insurance 7.1.3 Vision insurance 7.1.4 Life insurance (employee only)
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BENEFIT CONTRIBUTION. The Employer agrees that when probationary employee has completed his five hundred (500) hours then this probationary employee will be entitled to receive the earned contributions to the health and welfare plan in the amount of three hundred and sixty (360) hours to start their benefits, but will not receive Pension contribution until the following work month of his employment.
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BENEFIT CONTRIBUTION. The Employer agrees that when permit employee has completed his five hundred
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BENEFIT CONTRIBUTION. Regular Part-Time Employees: The City agrees to contribute monthly premiums for health and life insurance in an amount to reflect hours budgeted, pro-rated against the amount contributed for full time employees. For example, half-time employees may elect to take any or all of the benefits and the City and the employee will both pay 50% or half of the elected benefit cost(s). The City agrees to provide short-term disability and long-term disability benefits at no cost to part-time employees.
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BENEFIT CONTRIBUTION. Upon like authorization from any employee, the commission shall deduct from his/her salary, upon the death of any employee, the sum of Two Dollars ($2.00) and, upon retirement or termination of employment of any employee with more than five (5) years but less than ten (10) years of *service the sum of One Dollar ($1.00) and of an employee with more than ten (10) years of *service, the sum of Two Dollars ($2.00) which, in case of death, shall be immediately paid to the deceased employee's previously designated beneficiary and, in the absence of such designation, to the representative of his/her estate. In other cases, same shall be paid to the employee. The provisions of this paragraph shall apply to all participating employees. *The word "service" as used in this Agreement, unless the context otherwise requires, shall be construed to mean continuous employment by the Commission.
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BENEFIT CONTRIBUTION. The employer will remit contributions on a per hour worked basis to a maximum of sixty (60) hours. If an employee works beyond sixty (60) hours in a week, the employer shall remit contributions on a per hour earned basis for all hours beyond sixty (60).
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BENEFIT CONTRIBUTION. For a single party, the District’s total annual contribution for all health and welfare benefits will be $7,980 for full-time employees; for two party users, the District’s total annual contribution for all health and welfare benefits will be $10,582 for full-time employees; for families, the District’s total annual contribution for all health and welfare benefits will be $14,544 for full-time employees. These benefit contribution rates shall apply to eligible full-time regular employees and their eligible dependents to facilitate participation in the District’s medical, dental, and vision benefit programs (“Benefits”).
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BENEFIT CONTRIBUTION. The District shall contribute the state allocation for each member during the term of this contract on the basis of his/her medical FTE. Annual enrollment for all group insurance programs shall be completed during the open enrollment period of the new school year. The enrollment of new employees shall begin with their employment and shall be completed within the time specified by the insurance company.
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BENEFIT CONTRIBUTION. The District shall provide a benefit contribution to the Trust of the state-funded monthly benefit allocation per month per FTE employee. For the purposes of this Article, a full-time equivalent (1.0 FTE) staff unit is one thousand four hundred and forty (1,440) paid hours per year. This Section shall reopen annually upon the request of either party in order to comply with changes mandated by revisions in state law.
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Related to BENEFIT CONTRIBUTION

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • 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. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Defined Contribution Plan The Employer will establish the following Employer contribution programs in the existing salary deferral plans: » Beginning in 2006 and continuing throughout the term of the Agreement, a performance-based contribution

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • Compensation/Benefit Programs During the Term of Employment, the Executive shall be entitled to participate in all medical, dental, hospitalization, accidental death and dismemberment, disability, travel and life insurance plans, and any and all other plans as are presently and hereinafter offered by the Company to its executive personnel, including savings, pension, profit-sharing and deferred compensation plans, subject to the general eligibility and participation provisions set forth in such plans.

  • Company Contributions The Company shall continue to make a Company Contribution for Plan Years 2017, 2018 and 2019, on the same terms and conditions set forth in the Participant Agreement, with the performance metrics and targets in connection with such Company Contributions for such Plan Years to be established in the sole discretion of the Committee, following consultation with the Chief Executive Officer of the Company.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

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