Contribution Methodology Changes Sample Clauses

Contribution Methodology Changes. The intent of the HCSP is for Employees to determine the contribution methodology within reasonable parameters established by the Employer. Contribution methodology changes shall be a cooperative effort between Employees and Employer. The Union may request, prior to the expiration of this Agreement, modification of the contribution methodology upon simple majority vote of the members. The Union shall notify the Employer in writing of any proposed modifications. Requested modifications of the contribution methodology shall be subject to Employer and legal counsel review prior to approval. Requested modifications of the contribution methodology shall not result in additional re-occurring costs to the Employer and shall comply with all Employer policies in effect at the time of the request. In addition, requested modifications of the contribution methodology shall be in compliance with the state and federal statute for tax-advantaged medical savings accounts. Contribution methodology changes and frequency are subject to approval by MSRS. Requested contribution methodology changes, approved by the Employer, shall be incorporated into any subsequent Master Labor Agreement. The newly incorporated contribution methodology shall be implemented within thirty (30) days following ratification of said Agreement.
AutoNDA by SimpleDocs
Contribution Methodology Changes. The intent of the HCSP is for employees to determine the contribution methodology within reasonable parameters established by the employer. Contribution methodology changes shall be a cooperative effort between employees and employer. The Union may request, prior to the expiration of the Collective Bargaining Agreement, modification of the contribution methodology upon simple majority vote of the members. The Union shall notify the employer in writing of any proposed modifications. Requested modifications of the contribution methodology shall be subject to employer and legal counsel review prior to approval. Requested modifications of the contribution methodology shall not result in additional re-occurring costs to the employer and shall comply with all employer policies in effect at the time of the request. In addition, requested modifications of the contribution methodology shall be in compliance with state and federal statutes for tax-advantaged medical savings accounts. Contribution methodology changes and frequency are subject to approval by MSRS. Requested contribution methodology changes, approved by the employer, shall be incorporated into any subsequent Collective Bargaining Agreement. The newly incorporated contribution methodology shall be implemented within 30 days following ratification of said Agreement.
Contribution Methodology Changes. The intent of the HCSP is for employees to determine the contribution methodology within reasonable parameters established by the employer. Contribution methodology changes shall be a cooperative effort between employees and employer. The Union may request, prior to the expiration of the Collective Bargaining Agreement, modification of the contribution methodology upon simple majority vote of the members. The Union shall notify the employer in writing of any proposed modifications. Requested modifications of the contribution methodology shall be subject to employer and legal counsel review prior to approval. Requested modifications of the contribution methodology shall not result in additional re-occurring costs to the employer and shall comply with all employer policies in effect at the time of the request. In addition, requested modifications of the contribution methodology shall be in compliance with state and federal statutes for tax-advantaged medical savings accounts. Contribution methodology changes and frequency are subject to approval by MSRS. APPENDIX "A" HOURLY WAGE SCHEDULE SECTION 1 Effective the payroll period beginning December 21, 2019 A (Start) B C D Working Xxxxxxx 26.40 30.01 32.36 34.88 Fleet Mechanic 24.52 28.25 30.60 32.97 Technical Specialist 24.04 27.70 30.01 32.33 Maintenance Worker II 21.75 23.84 26.18 31.63 Maintenance Worker I 20.48 21.75 22.79 24.41 Effective the payroll period beginning December 19, 2020 A (Start) B C D Working Xxxxxxx 27.19 30.91 33.33 35.93 Fleet Mechanic 25.26 29.10 31.52 33.96 Technical Specialist 24.76 28.53 30.91 33.30 Maintenance Worker II 22.40 24.56 26.97 32.58 Maintenance Worker I 21.09 22.40 23.47 25.14 STEP PLACEMENT/ADVANCEMENT

Related to Contribution Methodology Changes

  • Calculation methodology No adjustment in the Conversion Price need be made unless the adjustment would require an increase or decrease of at least 1% in the Conversion Price then in effect, provided that any adjustment that would otherwise be required to be made shall be carried forward and taken into account in any subsequent adjustment. Except as stated in this Article VI, the Conversion Rate will not be adjusted for the issuance of Common Stock or any securities convertible into or exchangeable for Common Stock or carrying the right to purchase any of the foregoing. Any adjustments that are made shall be carried forward and taken into account in any subsequent adjustment. All calculations under Article V and Section 6.06 hereof and this Section 6.07 shall be made to the nearest cent or to the nearest 1/10,000th of a share, as the case may be.

  • Balance Computation Method For all dividend-bearing Accounts, dividends are calculated by the average daily balance method which applies a daily periodic rate to the average daily balance for the average daily balance calculation period. The average daily balance is determined by adding the full amount of the principal in Your Account for each day of the period and dividing that figure by the number of days in the period. Accrual on Noncash Deposits. For dividend-bearing Accounts, dividends will begin to accrue on the business day that You deposit noncash items (e.g. checks) into Your Account.

  • Construction Methods No four course of brick-work, with three joints, shall exceed in height, when built, one inch more than the same bricks piles upon one another without mortar. The bricks are to be well soaked in water before use on works, in proper through so as to be thoroughly wet when layed. The Cessation of the bubbles through the water is an irldication of saturation being complete. For ensuring thorough soaking of the bricks every one or two bricklayers or more as necessary, shall be provided with tubs for use The wall of structures shall be carried up regularly in all cases 1` when the nature of the work will admit of it not leaving any part 915mm (3 feet) lower than another. Horizontal courses shalI be straight, level and even and faces of walls smooth and plumb. A straight edge and a plumb- xxx shall be used for constant checking during progress of the work. No brick-bats shall be permitted to be used except when necessary for obtaining the dimension of the different course or for obtaining the specified bond. All unfinished work must be raked back in course unless otherwise directed arid when new work is to be jointed to it the surface of unfinished work must be cleaned and wetted. The bricks shall be laid by placing sufficient mortar on the wall and forcing every brick into it in such a manner as to completely fill every joint with moratar whether at the bottom, side or end of the brick. The mortar to be used shall be that specified for the relevant schedule items and shall comply with the specification for the mortar specified. The bound used shall be English and shall be carried throughout the work. At all angles forming the junction of any two walls, the bricks shall, at each alternate course be carried into each of the respective walls, so as to thoroughly unite the work. V'Jhen the faces are to be plastered, the joints shall be well raked out before any plaster is laid on should the plaster from want of proper joint ranking detach and 7 fall off from the brick work, the contractor shall strip off the plaster bodily to the extent ordered by Superintending Engineer and shall re-do the work properly at his own expense. All requisite scaffolding shall be provided at the contractor's expense and shall be double i.e., must it have two sets of upright supports Care must be taken to ensure the safety of the work people and the contractor must comply with such instructions as the Superintending Engineer may issue to ensure such safety. The contractor will be entirely responsible for any damage or injuries to person or property resulting from ill-erected scaffolding, defective ladders, or otherwise arising out of his default in this respect. The brick work for the retaining wall shall proceed side by side with the depositing and compacting of earth between the retaining walls. At no time shall the brick-work be constructed more than 405mm (1'-4") above Y the compacted earth. In the retaining wall weep-holes shall be provided at suitable intervals as instructed during execution, with the inner surface of the weep-holed plastered 20mm (3/4") thick in cement mortar 1:4 crouched rock of grades in different layer shall be provided at the inner end of the weep-holes to prevent the choking of the weep-holes to have full drainage. No extra payment will be made for this and no deductions will be made for this in the brick-work.

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C.1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Cost Savings Developer shall work cooperatively with Architect, Construction Manager, subcontractors and District, in good faith, to identify appropriate opportunities to reduce the Project costs and promote cost savings. Any identified cost savings from the Guaranteed Maximum Price shall be identified by Developer, and approved in writing by the District. In the event Developer realizes a savings on any aspect of the Project, such savings shall be added to the Contingency and expended consistent with the Contingency. In addition, any portion of Allowance remaining after completion of the Project shall be added to the Contingency. If any cost savings require revisions to the Construction Documents, Developer shall work with the District and Architect with respect to revising the Construction Documents and, if necessary, obtaining the approval of DSA with respect to those revisions. Developer shall be entitled to an adjustment of Contract Time for delay in completion caused by any cost savings adopted by District pursuant to Exhibit D, if requested in writing before the approval of the cost savings.

  • Claims Review Methodology a. C laims Review Population. A description of the Population subject to the Quarterly Claims Review.‌

  • Eligibility Changes Employees who become eligible for a full Employer Contribution must make their benefit elections within thirty (30) calendar days of becoming eligible. If employees do not choose a health plan administrator and a primary care clinic and do not waive coverage within this thirty (30) day timeframe, they will be enrolled in a Benefit Level Two clinic (or Level One, if available) that meets established access standards in the health plan with the largest number of Benefit Level One and Two clinics in the county of the employee’s residence at the beginning of the insurance year. If employees who become eligible for a partial Employer Contribution choose to enroll in insurance, they must do so within thirty (30) days of becoming eligible or during open enrollment. An employee may change their health or dental plan if the employee changes to a new permanent work or residence location and the employee's current plan is no longer available. If the employee has family coverage and if the new residence location is outside of the current plan’s service area, the employee shall be permitted to switch to a new plan administrator and new Benefit Level within thirty (30) days of the residence location change. The election change must be due to and correspond with the change in status. An employee who receives notification of a work location change between the end of an open enrollment period and the beginning of the next insurance year, may change their health or dental plan within thirty (30) days of the date of the relocation under the same provisions accorded during the last open enrollment period. An employee or retiree may also change health or dental plans in any other situation in which the Employer is required by the applicable federal or state law to allow a plan change.

  • Liability Calculation Method Per Claim Unless subject to a fixed dollar copayment, the calculation of Member liability on claims for Out-of-Area Covered Health Care Services processed through the BlueCard Program will be based on the lower of the provider’s billed charges or the negotiated price made available to Blue Shield by the Host Blue. Host Blues determine a negotiated price, which is reflected in the terms of each Host Blue’s health care provider contracts. The negotiated price made available to Blue Shield by the Host Blue may be represented by one of the following:

  • Methodology 1. The price at which the Assuming Institution sells or disposes of Qualified Financial Contracts will be deemed to be the fair market value of such contracts, if such sale or disposition occurs at prevailing market rates within a predefined timetable as agreed upon by the Assuming Institution and the Receiver.

  • Plan Changes In the event the Employer modifies its current benefit plans, or provides an alternative plan(s), the Employer will review the plan changes with the Union prior to implementation. The Employer shall notify the Union at least ninety (90) days prior to the intended implementation date. The implementation date is the effective date of the new plan.

Time is Money Join Law Insider Premium to draft better contracts faster.