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
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
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