Employer Matching Contributions. The Employer will match contributions of employees who have completed six (6) months of employment. Employer will match 50% of the employee contribution, up to a maximum of 3% employee salary. (Example 1: An employee who contributes 6% of their wages, is eligible for a 3% employer matching contribution. Example 2: An employee who contributes 4% of their wages, is eligible for a 2% employer matching contribution. Example 3: An employee who contributes 10% of their wages is eligible for a 3% employer matching contributions).
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Employer Matching Contributions. The Employer will match contributions of employees who have completed six (6) months of employment. Employer will match 50% of the employee contribution, up to a maximum of 3% employee salary. (Example 1: An employee who contributes 6% of their wages, is eligible for a 3% employer matching contribution. Example 2: An employee who contributes 4% of their wages, is eligible for a 2% employer matching contribution. Example 3: An employee who contributes 10% of their wages is eligible for a 3% employer matching contributions).. DRAFT
Appears in 1 contract
Samples: Collective Bargaining Agreement
