Employee’s Contribution. The employee’s contribution to the Health and Welfare Plan shall be $225.00 per month. This contribution shall cover the cost of the Medical Services Plan. Any changes in the Medical Services Plan shall be passed through to the employee at the rate of 100%. This contribution shall also cover the cost of Long-Term Disability and shall be subject to the increases in the Health and Welfare plan as listed below. Increases in the Health and Welfare Plan costs shall be divided with the employee paying 32% of such increase, and the Company paying 68% of such an increase. The Company will notify the Union of any changes.
Employee’s Contribution. Company will deduct from Employee’s monthly pay slip a sum equal to 6% of the Salary as Employee’s contribution.
Employee’s Contribution. Employees shall pay their own employee’s portion of the PERS retirement contribution.
Employee’s Contribution. The employees’ current contribution rate to their Retirement Plan shall be 5.93% for the Benefit Program B-3.
Employee’s Contribution. The employee’s contribution is 3.5% of the pension base. The employee’s pension contribution is deducted from the employee’s salary or benefit, if applicable, each month. Besides earlier or later commencement of the old age pension, the scheme also provides options for part-time pension and converting pension benefit entitlements. Conversion of benefit entitlements is only possible with regard to full-time old-age pension. Employees can opt to convert the accrued partner’s pension into a higher old-age pension, or vice versa; within certain limits the old-age pension can be converted into a partner’s pension. This does not apply to the orphan’s pension and the special partner’s pension. Employees can also opt, within tax rule limits, for temporarily higher or temporarily lower pension benefit payments. Once an option has been chosen, it can no longer be reversed after the choice has been implemented.
Employee’s Contribution. The City shall pay the employee's share of the worker's compensation base premium. See also Article 14.1.
Employee’s Contribution. The contribution is established by the parties to the collective labour every year, upon having been advised by the Board of the Foundation for the Disability Pension Scheme for Book and Magazine Publishing. The contribution shall be for the account of the employee and shall be 0% of the rateable value for the extended WGA benefit shortfall insurance with effect from 1 January 2015.
