Employer/Employee Contributions Sample Clauses

Employer/Employee Contributions. The Employer will contribute to the Plan each Plan Year the amount determined under the Employer Contribution formula designated in AA §6-2 below. If so elected under AA §6-6, the Employer also may authorize Employees to make After-Tax Employee Contributions and/or Employer Pick-Up Contributions under the Plan.
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Employer/Employee Contributions. Unless an employee qualifies for the reduction in premium as described above, the Employer shall pay ninety percent (90.0%) of the monthly premium for either family or single coverage, and the Employee shall pay the difference. However, the Employer's financial responsibility shall be limited to ninety percent (90.0%), plus any applicable reduction in premium, of the HDHP HMO plans offered to employees. The table below illustrates how this would be applied to the 2007 2009 rates: 2007 2009 Health Insurance Rates HDHP HMO - Family HDHP HMO - Single HDHP POS – Family HDHP POS – Single Base Premium $862.95 $1,137.09 $313.14 $412.62 $910.74 $1,208.07 $330.48 $438.37 90.0% Base County Contribution $776.66 $1,023.38 $281.83 $371.36 $776.66 $1,023.38 $281.83 $371.36 Base Employee Contribution $86.29 $113.71 $31.31 $41.26 $134.08 $184.69 $48.65 $67.01 92.5% County Contribution w/ HRA Wellness Discount $798.23 $1,051.81 $289.65 $381.67 $798.23 $1,051.81 $289.65 $381.67 Employee Contribution w/ HRA Wellness Discount $64.72 $85.28 $23.49 $30.95 $112.51 $156.26 $40.83 $56.70
Employer/Employee Contributions a) The eligible employee may contribute up to a maximum of their salary allowed for under the selected GRSP.
Employer/Employee Contributions. Unless an employee qualifies for the reduction in premium as described above, the Employer shall pay ninety percent (90.0%) of the monthly premium for either family or single coverage, and the Employee shall pay the difference. However, the Employer's financial responsibility shall be limited to ninety percent (90.0%), plus any applicable reduction in premium, of the HDHP HMO plans offered to employees. The table below illustrates how this would be applied to the 2007 rates: 2007 Health Insurance Rates HDHP HMO - Family HDHP HMO - Single HDHP POS – Family HDHP POS – Single Base Premium $862.95 $313.14 $910.74 $330.48 90.0% Base County Contribution $776.66 $281.83 $776.66 $281.83 Base Employee Contribution $86.29 $31.31 $134.08 $48.65 92.5% County Contribution w/ HRA Discount $798.23 $289.65 $798.23 $289.65 Employee Contribution w/ HRA Discount $64.72 $23.49 $112.51 $40.83

Related to Employer/Employee Contributions

  • Employee Contributions (a) 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.

  • Voluntary employee contributions (i) 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(b).

  • Employee Contribution Eligible employees shall contribute one percent (1%) of their salary on a per pay period basis to the HCSP.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • Elective Deferrals An Employee will be eligible to become a Contributing Participant in the Plan (and thus be eligible to make Elective Deferrals) and receive Matching Contributions (including Qualified Matching Contributions, if applicable) after completing 1 (enter 0, 1 or any fraction less than 1) Years of Eligibility Service.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Company Contributions (a) For employees hired, rehired or who become covered under the CWA 3176 Agreement through any means before January 1, 2016, the Company shall contribute a Company Matching Contribution equal to 25 percent of the Participant’s Contribution up to a maximum of 6 percent of eligible wage.

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