Common use of Employee Contributions Clause in Contracts

Employee Contributions. 1. Each Participant shall be allowed to contribute on a bi- weekly basis up to an amount equal to eighty percent (80%) of the Participant’s wage. Such bi-weekly wage deductions shall be in increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, after-tax, Xxxx basis or any combination. 2. Catch-up contributions shall continue to be allowed as defined in the Plan document. Such bi-weekly wage deductions shall be increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, Xxxx basis or combination. A Participant’s “wage” means base pay and approved incentives earned during a payroll period and shall not include overtime pay, shift differential pay, severance pay or any other extra pay or compensation.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Employee Contributions. 1. a) Each Participant participant shall be allowed to contribute on a bi- bi-weekly basis up to an amount equal to eighty percent (80%) of the Participant’s wage. Such bi-weekly wage deductions shall be in increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, after-tax, Xxxx basis or any combination. 2. b) Catch-up contributions Up Contributions shall continue to be allowed as defined in the Plan document. Such bi-weekly wage deductions shall be in increments of one percent (1%) and shall be contributed to the Participant’s account. The participant Participant may contribute on a pre-tax, Xxxx basis or combination. A Participant’s “wage” means base pay and approved incentives earned during a payroll period and shall not include overtime pay, shift differential pay, severance pay or any other extra pay or compensation.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Employee Contributions. 1. a) Each Participant shall be allowed to contribute on a bi- bi-weekly basis up to an amount equal to eighty percent (80%) of the Participantparticipant’s wage. Such bi-weekly wage deductions shall be in increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, after-tax, Xxxx basis or any combination. 2. b) Catch-up contributions Contributions shall continue to be allowed as defined in the Plan document. Such bi-weekly wage deductions shall be increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, Xxxx basis or combination. . c) A Participantparticipant’s “wage” means base pay and approved incentives earned during a payroll period and shall not include overtime pay, shift differential pay, severance pay or any other extra pay or compensation.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

Employee Contributions. 1. (a) Each Participant participant shall be allowed to contribute on a bi- bi-weekly basis up to an amount equal to eighty percent (80%) of the Participant’s Participants’ wage. Such bi-weekly wage deductions shall be in increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, after-tax, Xxxx basis or any combination. 2. (b) Catch-up contributions shall continue to be allowed as defined in the Plan document. Such bi-weekly wage deductions shall be increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, Xxxx basis or combination. A Participant’s “wage” means base pay and approved incentives earned during a payroll period and shall not include overtime pay, shift differential pay, severance pay or any other extra pay or compensation.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Employee Contributions. 1. a. Each Participant shall be allowed to contribute on a bi- bi-weekly basis up to an amount equal to eighty percent (80%) of the Participant’s employees’ wage. Such bi-weekly wage deductions shall be in increments of one percent (1%) and shall be contributed to the Participant’s account. The participant Participant may contribute on a pre-tax, after-tax, Xxxx basis or any combination. 2. b. Catch-up contributions shall continue to be allowed as defined in the Plan document. Such bi-weekly wage deductions shall be increments of one percent (1%) and shall be contributed to the Participant’s account. The participant Participant may contribute on a pre-tax, Xxxx basis or combination. A Participant’s “wage” means base pay and approved incentives earned during a payroll period and shall not include overtime pay, shift differential pay, disability benefits, severance pay or any other extra pay or compensation.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Employee Contributions. 1. (a) Each Participant participant shall be allowed to contribute on a bi- bi-weekly basis up to an amount equal to eighty percent (80%) of the Participantparticipant’s wage. Such bi-weekly wage deductions shall be in increments of one percent (1%) and shall be contributed to the Participantparticipant’s account. The participant may contribute on a pre-tax, after-after- tax, Xxxx basis or any combination. 2. (b) Catch-up contributions shall continue to be allowed as defined in the Plan document. Such bi-weekly wage deductions shall be increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, Xxxx basis or combination. A Participantparticipant’s “wage” means base pay and approved incentives earned during a payroll period and shall not include overtime pay, shift differential pay, severance pay or any other extra pay or compensation.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Employee Contributions. 1. (a) Each Participant participant shall be allowed to contribute on a bi- bi-weekly basis up to an amount equal to eighty percent (80%) of the Participant’s wage. Such bi-weekly wage deductions shall be in increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, after-tax, Xxxx basis or any combination. 2. (b) Catch-up contributions shall continue to be allowed as defined in the Plan document. Such bi-weekly wage deductions shall be increments of one percent (1%) and shall be contributed to the Participant’s account. The participant may contribute on a pre-tax, Xxxx basis or combination. A Participant’s “wage” means base pay and approved incentives earned during a payroll period and shall not include overtime pay, shift differential pay, severance pay or any other extra pay or compensation.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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