CITY FRINGE BENEFIT CONTRIBUTION. 1. Effective April 1, 2006, the City shall provide a $553.19 (plus an additional “up to” amount if applicable as provided in Section 3 below) per month fringe benefit contribution toward each full time eligible member of the unit hired prior to April 1, 2006. Employees hired on or after April 1, 2006 will receive a §125 flex plan benefit of $300 (plus an additional “up to” amount if applicable as provided in Section 3 below) per month. Effective January 1, 2008, these monthly contributions will be distributed to employees in equal amounts over the 26 pay periods throughout each year.
Appears in 3 contracts
Samples: Affected Confidential Employees, Affected Confidential Employees, Affected Confidential Employees
CITY FRINGE BENEFIT CONTRIBUTION. 1. Effective April 1, 2006, the City shall provide a $553.19 (plus an additional “up to” amount if applicable as provided in Section 3 below) per month fringe benefit contribution toward each full time eligible member of the unit hired prior to April 1, 2006. Employees hired on or after April 1, 2006 will receive a §125 flex plan benefit of $300 (plus an additional “up to” amount if applicable as provided in Section 3 below) per month. Effective January 1, 2008, these monthly contributions will be distributed to employees in equal amounts over the 26 pay periods throughout each year.
Appears in 2 contracts
Samples: Affected Confidential Employees, Affected Confidential Employees
CITY FRINGE BENEFIT CONTRIBUTION. 1. Effective April 1, 2006, the City shall provide a §125 flex plan benefit of $553.19 (plus an additional “up to” amount if applicable as provided in Section 3 below) per month fringe benefit contribution toward each full time eligible member of the unit hired prior to April 1, 2006. Employees hired on or after April 1, 2006 will receive a §125 flex plan benefit of $300 (plus an additional “up to” amount if applicable as provided in Section 3 below) per month. Effective January 1, 2008, these monthly contributions will be distributed to employees in equal amounts over the 26 pay periods throughout each year.
Appears in 2 contracts
Samples: Affected Confidential Employees, Affected Confidential Employees
CITY FRINGE BENEFIT CONTRIBUTION. 1. Effective April 1, 2006, the City shall provide a $553.19 (plus an additional “up to” amount if applicable as provided in Section 3 below) per month fringe benefit contribution toward each full time eligible member of the unit hired prior to April 1, 2006. .. Employees hired on or after April 1, 2006 will receive a §125 a§125 flex plan benefit of $300 (plus an additional “up to” amount if applicable as provided in Section 3 below) per month. Effective January 1, 2008, these monthly contributions will be distributed to employees in equal amounts over the 26 pay periods throughout each year.
Appears in 1 contract
Samples: Time Employees