Common use of CONTRIBUTIONS TO RETIREMENT TRUST Clause in Contracts

CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be the hourly contribution rate established by the State of Washington pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the Agreement, the parties shall re- open the Agreement solely for the purpose of renegotiating this Section 19.2. Effective July 1, 2017, the Employer shall contribute the Retirement Rate or twenty-five cents ($0.25), whichever is higher, to the Retirement Trust for each Hour worked. Effective July 1, 2018, the Employer shall contribute the Retirement Rate of fifty cents ($0.50), whichever is higher, to the Retirement Trust for each hour worked. Hour(s) worked shall be defined as all hours worked by all employees covered by this Agreement in the Employer's in-home care program, excluding vacation hours, paid-time off hours, and training hours. The Employer agrees that all funds received by the Employer for retirement benefits will be provided to the Retirement Trust. One Live-In paid shift shall count as eight (8) Non-Medicaid-Funded Hours for the purposes of contributions to the Retirement Trust. Contributions required by this Section 19.2 shall be paid periodically as required by the Trust.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be the hourly contribution rate established by the State of Washington pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the Agreement, the parties shall re- open the Agreement solely for the purpose of renegotiating this Section 19.2. 27.2. A. Effective July 1, 20172015, the Employer shall contribute the Retirement Rate or twenty-five cents ($0.25), whichever is higher, to the Retirement Trust for each Medicaid Funded Hour worked. Effective July 1, 2018, the Employer shall contribute the Retirement Rate of fifty cents ($0.50), whichever is higher, to the Retirement Trust for each hour worked. Medicaid-Funded Hour(s) worked shall be defined as all hours worked by all employees covered by this Agreement in the Employer's in-home care programprogram that are paid by Medicaid, excluding vacation hours, paid-time off hours, and training hours. The Employer agrees that all funds received by the Employer for retirement benefits will be provided to the Retirement Trust. One Live-In paid shift Effective July 1, 2018, the Employer shall count as eight contribute the Retirement Rate of fifty cents (8) Non-Medicaid-Funded Hours for the purposes of contributions $.50), whichever is higher, to the Retirement Trust. Contributions required by this Section 19.2 shall be paid periodically as required by the TrustTrust for each hour worked.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be the hourly contribution rate rate, established by the State of Washington pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the Agreement, the parties shall re- re-open the Agreement solely for the purpose of renegotiating this Section 19.221.2. Effective July 1, 2017, the Employer shall contribute the Retirement Rate or twenty-five cents ($0.25), whichever is higher, to the Retirement Trust for each Hour hour worked. Effective July 1July1, 2018, the Employer shall contribute the Retirement Rate of or fifty cents ($0.50), whichever is higher, to the Retirement Trust for each hour worked. Hour(s) worked shall be defined as all hours worked by all employees covered by this Agreement in the Employer's in-home care program, excluding vacation hours, paid-time off hours, and training hours. The Employer agrees that all funds received by the Employer for retirement benefits will be provided to the Retirement Trust. One Live-In paid shift shall count as eight (8) Non-Medicaid-Funded Hours for the purposes of contributions to the Retirement Trust. Each paid visit based service shall count as two (2) hours for the purposes of contributions to the Retirement Trust. Contributions required by this Section 19.2 21.2 shall be paid periodically as required by the Trust.

Appears in 1 contract

Samples: Collective Bargaining Agreement

CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be the hourly contribution rate established by the State of Washington pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the Agreement, the parties shall re- re-open the Agreement solely for the purpose of renegotiating this Section 19.2. 17.5. A. Effective July 1, 20172019, the Employer shall contribute the Retirement Rate or twentysixty-five cents ($0.250.65), whichever is higher, to the Retirement Trust for each Medicaid-Funded Hour worked. Effective July 1, 2018, the Employer shall contribute the Retirement Rate of worked by all home care workers covered by this Agreement with seven-hundred and one (701) or more cumulative career hours and fifty cents ($0.50), whichever is higher, to the Retirement Trust ) for each hour workedworked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Medicaid-Funded Hour(s) worked shall be defined as all hours worked by all employees covered by this Agreement in the Employer's in-home care programprogram that are paid by Medicaid, excluding vacation hours, paid-time off hours, and training hours. Effective July 1, 2020, the Employer shall contribute the Retirement Rate or eighty cents ($0.80), whichever is higher, to the Retirement Trust for each Medicaid-Funded Hour worked by all home care workers covered by this Agreement with seven-hundred and one (701) or more cumulative career hours and fifty cents ($0.50) for each hour worked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Medicaid Funded Hour(s) worked shall be defined as all hours worked by all employees covered by this Agreement in the Employer's in-home care program that are paid by Medicaid, excluding vacation hours, paid-time off hours, and training hours. The Employer agrees that all funds received by the Employer for retirement benefits will be provided to the Retirement Trust. One Live-In paid shift shall count as eight (8) Non-Medicaid-Funded Hours for the purposes of contributions to the Retirement Trust. Contributions required by this Section 19.2 17.5 shall be paid periodically as required by the Trust.

Appears in 1 contract

Samples: Collective Bargaining Agreement

CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be the hourly contribution rate established by the State of Washington pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the Agreement, the parties shall re- re-open the Agreement solely for the purpose of renegotiating this Section 19.223.2. Effective July 1, 20172019, the Employer shall contribute the Retirement Rate or twentysixty-five cents ($0.25), whichever is higher, to the Retirement Trust for each Hour worked. Effective July 1, 2018, the Employer shall contribute the Retirement Rate of fifty cents ($0.500.65), whichever is higher, to the Retirement Trust for each hour workedworked by all home care workers covered by this Agreement with seven-hundred and one (701) or more cumulative career hours and fifty cents ($0.50) for each hour worked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Effective July 1, 20202021, the Employer shall contribute the Retirement Rate or eighty cents ($0.80), whichever is higher, to the Retirement Trust for each hour worked by all home care workers covered by this Agreement with seven-hundred and one (701) or more cumulative career hours and fifty cents ($0.50) for each hour worked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Hour(s) worked shall be defined as all compensable hours worked by all employees covered by this Agreement in the Employer's in-home care program, excluding vacation hours, paid-time off hours, and training hours. The Employer agrees that all funds received by the Employer for retirement benefits will be provided to the Retirement Trust. One Live-In paid shift shall count as eight (8) Non-Medicaid-Funded Hours for the purposes of contributions to the Retirement Trust. Contributions required by this Section 19.2 23.2 shall be paid periodically as required by the Trust.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be the hourly contribution rate established by the State of Washington pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the Agreement, the parties shall re- open the Agreement solely for the purpose of renegotiating this Section 19.2. 17.5. A. Effective July 1, 2017, the Employer shall contribute the Retirement Rate or twenty-five cents ($0.25), whichever is higher, to the Retirement Trust for each Medicaid-Funded Hour worked. Effective July 1, 2018, the Employer shall contribute the Retirement Rate of fifty cents ($0.50), whichever is higher, to the Retirement Trust for each hour worked. Medicaid-Funded Hour(s) worked shall be defined as all hours worked by all employees covered by this Agreement in the Employer's in-home care programprogram that are paid by Medicaid, excluding vacation hours, paid-time off hours, and training hours. Effective July 1, 2018, the Employer shall contribute the Retirement Rate or fifty cents ($0.50), whichever is higher, to the Retirement Trust for each Medicaid-Funded Hour worked. MedicaidFunded Hour(s) worked shall be defined as all hours worked by all employees covered by this Agreement in the Employer's in-home care program that are paid by Medicaid, excluding vacation hours, paid-time off hours, and training hours. The Employer agrees that all funds received by the Employer for retirement benefits will be provided to the Retirement Trust. One Live-In paid shift shall count as eight (8) Non-Medicaid-Funded Hours for the purposes of contributions to the Retirement Trust. Contributions required by this Section 19.2 17.5 shall be paid periodically as required by the Trust.

Appears in 1 contract

Samples: Collective Bargaining Agreement

CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be the hourly contribution rate established by the State of Washington pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the Agreement, the parties shall re- re-open the Agreement solely for the purpose of renegotiating this Section 19.223.2. Effective July 1, 20172019, the Employer shall contribute the Retirement Rate or twentysixty-five cents ($0.250.65), whichever is higher, to the Retirement Trust for each Hour workedworked by all home care workers covered this Agreement with seven-hundred and one (701) or more cumulative career hours and fifty cents ($0.50) for each hour worked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Effective July 1, 201820202021, the Employer shall contribute the Retirement Rate of fifty eighty cents ($0.500.80), whichever is higher, to the Retirement Trust for each hour workedworked by all home care workers covered this Agreement with seven-hundred and one (701) or more cumulative career hours and fifty cents ($0.50) for each hour worked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Hour(s) worked shall be defined as all compensable hours worked by all employees covered by this Agreement in the Employer's in-home care program, excluding vacation hours, paid-time off hours, and training hours. The Employer agrees that all funds received by the Employer for retirement benefits will be provided to the Retirement Trust. One Live-In paid shift shall count as eight (8) Non-Medicaid-Funded Hours for the purposes of contributions to the Retirement Trust. Contributions required by this Section 19.2 23.2 shall be paid periodically as required by the Trust.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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