CONTRIBUTIONS TO EMPLOYEES Sample Clauses

CONTRIBUTIONS TO EMPLOYEES a. Effective January 1, 2016, and for each remaining calendar year for the life of the MOU: (1) For employee only, the Authority contribution will be the lowest cost health and dental rate as shown in Exhibit C. (2) For employee + 1, the Authority contribution will be 75% of the lowest cost health and dental plan as shown in Exhibit C. (3) For employee + 2, the Authority contribution will be 75% of the lowest cost health and dental plan as shown in Exhibit C. b. If plans or co‐pays change, the parties shall meet and confer. c. In order to receive the full Authority contribution towards Health and Welfare benefits referenced above the employee must be in paid status a minimum of sixty (60) hours per pay period. The contribution towards Health and Welfare benefits for employees in paid status from 30 to 79 hours per pay period will be pro‐rated to the number of hours in paid status. If the employee is not in paid status for at least thirty (30) hours per pay period, the employee shall not be eligible for any Authority contribution. In that event, the Authority shall deduct from the employee’s paycheck the amount needed to pay for the insurance plans the employee has selected. If this deduction from the employee’s paycheck cannot be make in its entirety, it is the responsibility of the individual employee to pay for the remaining amount.
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Related to CONTRIBUTIONS TO EMPLOYEES

  • Contributions Without creating any rights in favor of any third party, the Member may, from time to time, make contributions of cash or property to the capital of the Company, but shall have no obligation to do so.

  • 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.

  • 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.

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