Defined Contribution Retirement Plan. Any employee covered under this agreement hired on or after May 1, 2003 will be enrolled in the defined contribution retirement plan with a mandatory contribution of 7.5% of gross pay (pre-tax). The employer will also contribute 7.5% of an employees’ gross pay. Investments to be directed by the employee through available options. Vesting period: Five (5) years. Contributions to begin on date of hire. Effective January 1, 2011 the mandatory employee contribution will be 5% of gross pay (pre-tax). The employer will also contribute 5% of an employee’s gross pay. Worker’s Compensation
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Defined Contribution Retirement Plan. Any employee covered under this agreement hired on or after May 1, 2003 will be enrolled in the defined contribution retirement plan with a mandatory contribution of 7.5% of gross pay (pre-tax). The employer will also contribute 7.5% of an employees’ employee’s gross pay. Investments to be directed by the employee through available options. Vesting period: Five (5) years. Contributions to begin on date of hire. Effective January 1, 2011 the mandatory employee contribution will be 5% of gross pay (pre-tax). The employer will also contribute 5% of an employee’s gross pay. Worker’s Compensation
Appears in 3 contracts
Defined Contribution Retirement Plan. Any employee covered under this agreement hired on or after May 1, 2003 will be enrolled in the defined contribution retirement plan with a mandatory contribution of 7.5% of gross pay (pre-tax). The employer will also contribute 7.5% of an employees’ employee’s gross pay. Investments to be directed by the employee through available options. Vesting period: Five (5) years. Contributions to begin on date of hire. Effective January 1, 2011 the mandatory employee contribution will be 5% of gross pay (pre-tax). The employer will also contribute 5% of an employee’s gross pay. Worker’s Compensation.
Appears in 3 contracts
Defined Contribution Retirement Plan. Any employee covered under this agreement hired on or after May 1, 2003 will be enrolled in the defined contribution retirement plan with a mandatory contribution of 7.5% of gross pay (pre-tax). The employer will also contribute 7.5% of an employees’ employee’s gross pay. Investments to be directed by the employee through available options. Vesting period: Five (5) years. Contributions to begin on date of hire. Effective January 1, 2011 the mandatory employee contribution will be 5% of gross pay (pre-tax). The employer will also contribute 5% of an employee’s gross pay. Worker’s Compensation.
Appears in 2 contracts
Defined Contribution Retirement Plan. Section 17.1. (New). Any employee covered under this agreement hired on or after May August 1, 2003 2002 will be enrolled in the defined contribution retirement plan with a mandatory contribution of 7.5% of gross pay (pre-pre- tax). The employer will also contribute 7.5% of an employees’ employee’s gross pay. Investments to be directed by the employee through available options. Vesting period: Five (5) years. Contributions to begin on date of hire. Effective January 1, 2011 the mandatory employee contribution will be 5% of gross pay (pre-pre- tax). The employer will also contribute 5% of an employee’s gross pay. Worker’s CompensationINSURANCE
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Samples: Agreement