Common use of Contribution Formula Clause in Contracts

Contribution Formula. i. Formula For Employees Whose Normal Hours of Work Exceed 40 Hours Per Week Unused City Sick Leave Contribution Less than 70 work days. 65% At least 70 work days, but less than 74 work days. 66% At least 74 work days, but less than 78 work days. 67% At least 78 work days, but less than 82 work days. 68% At least 82 work days, but less than 86 work days. 69% At least 86 work days, but less than 90 work days. 70% At least 90 work days, but less than 94 work days. 71% At least 94 work days, but less than 98 work days. 72% At least 98 work days, but less than 102 work days. 73% At least 102 work days, but less than 106 work days. 74% At least 106 work days, but less than 110 work days. 75% At least 110 work days, but less than 114 work days. 76% At least 114 work days, but less than 118 work days. 77% At least 118 work days, but less than 122 work days. 78% At least 122 work days, but less than 126 work days. 79% At least 126 work days, but less than 130 work days. 80% At least 130 work days, but less than 133 work days. 81% At least 133 work days, but less than 136 work days. 82% At least 136 work days, but less than 139 work days. 83% At least 139 work days, but less than 142 work days. 84% At least 142 work days, but less than 145 work days. 85% At least 145 work days, but less than 148 work days. 86% At least 148 work days, but less than 151 work days. 87% At least 151 work days, but less than 154 work days. 88% At least 154 work days, but less than 157 work days. 89% At least 157 work days, but less than 160 work days. 90% At least 160 work days, but less than 163 work days. 91% At least 163 work days, but less than 166 work days. 92% At least 166 work days, but less than 169 work days. 93% At least 169 work days, but less than 172 work days. 94% At least 172 work days, but less than 175 work days. 95% At least 175 work days, but less than 178 work days. 96% At least 178 work days, but less than 181 work days. 97% At least 181 work days, but less than 184 work days. 98% At least 184 work days, but less than 187 work days. 99% At least 187 work days. 100% ii. Formula For Employees Whose Normal Hours of Work Average 40 Hours Per Week: Unused City Sick Leave Contribution Less than 150 work days. 65% At least 150 work days, but less than 159 work days. 66% At least 159 work days, but less than 167 work days. 67% At least 167 work days, but less than 176 work days. 68% At least 176 work days, but less than 184 work days. 69% At least 184 work days, but less than 193 work days. 70% At least 193 work days, but less than 201 work days. 71% At least 201 work days, but less than 210 work days. 72% At least 210 work days, but less than 219 work days. 73% At least 219 work days, but less than 227 work days. 74% At least 227 work days, but less than 236 work days. 75% At least 236 work days, but less than 244 work days. 76% At least 244 work days, but less than 253 work days. 77% At least 253 work days, but less than 261 work days. 78% At least 261 work days, but less than 270 work days. 79% At least 270 work days, but less than 278 work days. 80% At least 278 work days, but less than 285 work days. 81% At least 285 work days, but less than 291 work days. 82% At least 291 work days, but less than 298 work days. 83% At least 298 work days, but less than 304 work days. 84% At least 304 work days, but less than 311 work days. 85% At least 311 work days, but less than 317 work days. 86% At least 317 work days, but less than 324 work days. 87% At least 324 work days, but less than 330 work days. 88% At least 330 work days, but less than 336 work days. 89% At least 336 work days, but less than 343 work days. 90% At least 343 work days, but less than 349 work days. 91% At least 349 work days, but less than 356 work days. 92% At least 356 work days, but less than 362 work days. 93% At least 362 work days, but less than 369 work days. 94% At least 369 work days, but less than 375 work days. 95% At least 375 work days, but less than 381 work days. 96% At least 381 work days, but less than 388 work days. 97% At least 388 work days, but less than 394 work days. 98% At least 394 work days, but less than 400 work days. 99% At least 400 work days. 100% iii. The employee's normal hours of work for his/her last duty assignment prior to retirement shall determine under which formula his/her benefits are computed; if the assignment exceeded 40 hours per week, the benefit shall be computed under subsection i. and if it averages 40 hours per week, the benefit shall be computed under subsection ii. If the per capita subscriber cost for enrollment in the plan selected by the retiree exceeds the maximum City contribution for retirees provided, the retiree shall have the amount of such excess cost deducted from his/her pension check.

Contribution Formula. i. Formula For Employees Whose Normal Hours of Work Exceed 40 Hours Per Week Unused City Sick Leave Contribution Less than 70 work days. 65% At least 70 work days, but less than 74 work days. 66% At least 74 work days, but less than 78 work days. 67% At least 78 work days, but less than 82 work days. 68% At least 82 work days, but less than 86 work days. 69% At least 86 work days, but less than 90 work days. 70% At least 90 work days, but less than 94 work days. 71% At least 94 work days, but less than 98 work days. 72% At least 98 work days, but less than 102 work days. 73% At least 102 work days, but less than 106 work days. 74% At least 106 work days, but less than 110 work days. 75% At least 110 work days, but less than 114 work days. 76% At least 114 work days, but less than 118 work days. 77% At least 118 work days, but less than 122 work days. 78% At least 122 work days, but less than 126 work days. 79% At least 126 work days, but less than 130 work days. 80% At least 130 work days, but less than 133 work days. 81% At least 133 work days, but less than 136 work days. 82% At least 136 work days, but less than 139 work days. 83% At least 139 work days, but less than 142 work days. 84% At least 142 work days, but less than 145 work days. 85% At least 145 work days, but less than 148 work days. 86% At least 148 work days, but less than 151 work days. 87% At least 151 work days, but less than 154 work days. 88% At least 154 work days, but less than 157 work days. 89% At least 157 work days, but less than 160 work days. 90% At least 160 work days, but less than 163 work days. 91% At least 163 work days, but less than 166 work days. 92% At least 166 work days, but less than 169 work days. 93% At least 169 work days, but less than 172 work days. 94% At least 172 work days, but less than 175 work days. 95% At least 175 work days, but less than 178 work days. 96% At least 178 work days, but less than 181 work days. 97% At least 181 work days, but less than 184 work days. 98% At least 184 work days, but less than 187 work days. 99% At least 187 work days. 100% ii. Formula For Employees Whose Normal Hours of Work Average 40 Hours Per Week: Unused City Sick Leave Contribution Less than 150 work days. 65% At least 150 work days, but less than 159 work days. 66% At least 159 work days, but less than 167 work days. 67% At least 167 work days, but less than 176 work days. 68% At least 176 work days, but less than 184 work days. 69% At least 184 work days, but less than 193 work days. 70% At least 193 work days, but less than 201 work days. 71% At least 201 work days, but less than 210 work days. 72% At least 210 work days, but less than 219 work days. 73% At least 219 work days, but less than 227 work days. 74% At least 227 work days, but less than 236 work days. 75% At least 236 work days, but less than 244 work days. 76% At least 244 work days, but less than 253 work days. 77% At least 253 work days, but less than 261 work days. 78% At least 261 work days, but less than 270 work days. 79% At least 270 work days, but less than 278 work days. 80% At least 278 work days, but less than 285 work days. 81% At least 285 work days, but less than 291 work days. 82% At least 291 work days, but less than 298 work days. 83% At least 298 work days, but less than 304 work days. 84% At least 304 work days, but less than 311 work days. 85% At least 311 work days, but less than 317 work days. 86% At least 317 work days, but less than 324 work days. 87% At least 324 work days, but less than 330 work days. 88% At least 330 work days, but less than 336 work days. 89% At least 336 work days, but less than 343 work days. 90% At least 343 work days, but less than 349 work days. 91% At least 349 work days, but less than 356 work days. 92% At least 356 work days, but less than 362 work days. 93% At least 362 work days, but less than 369 work days. 94% At least 369 work days, but less than 375 work days. 95% At least 375 work days, but less than 381 work days. 96% At least 381 work days, but less than 388 work days. 97% At least 388 work days, but less than 394 work days. 98% At least 394 work days, but less than 400 work days. 99% At least 400 work days. 100% iii. The employee's normal hours of work for his/her last duty assignment prior to retirement shall determine under which formula his/her benefits are computed; if the assignment exceeded 40 hours per week, the benefit shall be computed under subsection i. and if it averages 40 hours per week, the benefit shall be computed under subsection ii. City Contribution is expressed as a percentage of the effective Preferred Provider Organization (PPO) Plan subscriber cost for the enrollment status applicable to the retiree and represents the maximum contribution made by the City on behalf of such retiree. Work Day, as used herein, is the employee's regular work shift as established under the Hours of Work Article. If the per capita subscriber cost for enrollment in the plan selected by the retiree exceeds the maximum City contribution for retirees provided, the retiree shall have the amount of such excess cost deducted from his/her pension check.