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EMPLOYEE CONTRIBUTION AMOUNT Sample Clauses

EMPLOYEE CONTRIBUTION AMOUNTThe Association requested and the City agreed that the City shall withhold a mandatory contribution of $50 per pay period, on a pre-tax basis, from the pay of each Safety Employee, twice each month, and shall transfer such contributions to the Trust. No Safety Employee shall be permitted to opt-out of the mandatory contributions or receive any portion of the mandatory contribution in cash.
EMPLOYEE CONTRIBUTION AMOUNT. The City and the Union agree that the City shall withhold a mandatory contribution amount equivalent to one percent (1%) of the monthly base pay of Step E Captain (fifty-six (56) Hour) per month (i.e., one-hundred thirty-nine dollars twelve cents ($139.12) for FY2023), plus an additional contribution based on years of service in accordance with Table C-1 below on a pre-tax basis from the pay of every employee in the Defined Class and shall transmit such contributions to the Trust pursuant to the requirements in Part G below. Years of service shall be inclusive of enrollment in CalPERS, CERL-1937 Act, and/or other municipal pension system. No Employee in the Defined Class shall be permitted to opt-out of the mandatory contributions or receive any portion of the contribution in cash. Employee contributions will be made on a bi-weekly per pay period basis in the amount of sixty-four dollars twenty-one cents ($64.21)*, plus an additional contribution based on years of service. The Union has determined that the contributions to the plan shall be per pay period as follows: Table C-1. Years of Service Biweekly Employee Contribution (1% of Step E Captain*) Additional Biweekly Employee Contribution Total Biweekly Employee Contribution* Total Monthly Employee Contribution* 0-10 $64.21 - $64.21 $139.12 11-20 $64.21 $25.00 $89.21 $193.29 21-22 $64.21 $50.00 $114.21 $247.45 23-24 $64.21 $75.00 $139.21 $301.62 25-26 $64.21 $100.00 $164.21 $355.79 27-28 $64.21 $125.00 $189.21 $409.96 29+ $64.21 $150.00 $214.21 $464.12
EMPLOYEE CONTRIBUTION AMOUNTThe City and the Association agree that the City shall withhold a mandatory contribution of $300.00 per month [or $138.46 per pay period] on a pre-tax basis from the pay of every employee in the Defined Class who is a member of the bargaining unit represented by the Association and shall transmit such contributions to the Trust pursuant to the requirements in Section 8 below. No employee in the Defined Class shall be permitted to opt-out of the mandatory contributions or receive any portion of the contribution in cash.
EMPLOYEE CONTRIBUTION AMOUNT. The City and the Union agree that effective no later than the first full pay period of July 2024, the City shall withhold a mandatory contribution set forth in Table 30.1.2.4 below on a pre-tax basis from the pay of each active Employee in the Defined Class until their separation from City service, and transfer contributions to the Trust in accordance with Section 30.1.3 below. This Employee Contribution amount shall be withheld either per pay period or monthly, at City’s administrative discretion. No employee in the Defined Class shall be permitted to opt-out of the mandatory employee contribution or receive any portion of the contribution in cash.
EMPLOYEE CONTRIBUTION AMOUNT. The City of Oceanside (hereafter, the “City”) and the Oceanside Firefighters Association agree that the City shall withhold a mandatory contribution of $25.00 per pay period on a pre-tax basis from the pay of every employee who is a member of the Oceanside Firefighters Association bargaining unit, and is in a paid status for any portion of the current pay period. Said contributions shall be transmitted to the Trust pursuant to the requirements specified under Article 6, section 6.03.04 below.

Related to EMPLOYEE CONTRIBUTION AMOUNT

  • Voluntary Employee Contributions (a) Subject to the governing rules of the relevant superannuation fund, an Employee may, in writing, authorise their Employer to pay on behalf of the Employee a specified amount from the post- taxation wages of the Employee into the same superannuation fund as the Employer makes the superannuation contributions provided for in clause 24.2. (b) An Employee may adjust the amount the Employee has authorised their Employer to pay from the wages of the Employee from the first of the month following the giving of three months’ written notice to their Employer. (c) The Employer must pay the amount authorised under clauses 24.4(a) or 24.4(b) no later than 28 days after the end of the month in which the deduction authorised under clauses 24.4(a) or 24.4(b) was made.