Establishment of Fund and Contribution Rate Sample Clauses

Establishment of Fund and Contribution Rate. A Training and Upgrading Fund to be known as the Joint Employer Training and Education Fund (the "Fund") will be established for the purpose of creating a program for addressing the workforce needs of participating employers (collectively "Participating Employers") as well as the career, knowledge and skill aspirations of SEIU Healthcare 1199NW bargaining unit employees. The Employer agrees to become a Participating Employer in the Fund, which will be established by an Agreement and Declaration of Trust ("Trust Agreement"). The contribution to the Fund shall be an amount equal to one percent (1.0 %) percent of the gross payroll of the Service & Maintenance bargaining unit employees, and shall commence upon October 1, 2008. Gross payroll shall be defined as the amount included on Box 5 of the W-2 form report of the Employer, excluding per diem/on call/temporary/reserve employees.
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Establishment of Fund and Contribution Rate. A Training and Upgrading Fund to be known as the Joint Employer Training and Education Fund (the "Fund") will be established for the purpose of creating a program for addressing the workforce needs of participating employers (collectively "Participating Employers") as well as the career, knowledge and skill aspirations of SEIU Healthcare 1199NW bargaining unit employees. The Employer agrees to become a Participating Employer in the Fund, which will be established by an Agreement and Declaration of Trust ("Trust Agreement"). 27.1.1 The contribution to the Fund shall be an amount equal to one percent (1.0 %) percent of the gross payroll of the Service & Maintenance bargaining unit employees,. 27.1.2 The contribution to the Fund shall be an amount equal to one-half of one percent (0.5 %) percent of the gross payroll of the Professional bargaining unit employees. 27.1.3 Gross payroll shall be defined as the amount included on Box 5 of the W-2 form report of the Employer, excluding per diem/on call/temporary employees.
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Establishment of Fund and Contribution Rate. The Employer is a Participating Employer in the Fund, which is established by an Agreement and Declaration of Trust (“Trust Agreement”). “Participating Employers” are those employers who contribute financially to the Fund as of June 30, 2019, and all employers who may thereafter begin contributing financially to the Fund.
Sample 1Sample 2
Establishment of Fund and Contribution Rate. A Training and Upgrading Fund to be known as 8 the Joint Employer Training and Education Fund (the "Fund") will be established for the purpose 9 of creating a program for addressing the workforce needs of participating employers 10 (collectively "Participating Employers") as well as the career, knowledge and skill aspirations of 11 SEIU Healthcare 1199NW bargaining unit employees. The Employer agrees to become a 12 Participating Employer in the Fund, which will be established by an Agreement and Declaration 13 of Trust ("Trust Agreement"). 14 15 27.1.1 The contribution to the Fund shall be an amount equal to one percent (1.0 %) percent of 16 the gross payroll of the Service & Maintenance bargaining unit employees,. 17 18 27.1.2 The contribution to the Fund shall be an amount equal to one-half of one percent (0.5 19 %) percent of the gross payroll of the Professional bargaining unit employees. 20 21 27.1.3 Gross payroll shall be defined as the amount included on Box 5 of the W-2 form report 22 of the Employer, excluding per diem/on call/temporary employeesintermittent/nonpermanent. 23
Sample 1
Establishment of Fund and Contribution Rate. A Training and Upgrading Fund, known as the Joint Employer Training and Education Fund (the “Fund”) has been established for the purpose of creating a program for addressing the workforce needs of participating employers as well as the career, knowledge and skill aspirations of SEIU Healthcare 1199NW bargaining unit employees. The “Participating Employers” are those employers who contribute financially to the Fund as of June 30, 2019, and all employers who may thereafter begin contributing financially to the Fund. 10.4.1.1 If all Participating Employers agree to contribution rates that are: (1) at least one percent (1%) of the gross payroll of the Participating Employers’ Registered Nurse bargaining unit employees; (2) at least one percent (1%) of the gross payroll of the Participating Employers’ bargaining unit employees who are in positions that are incorporated into the Union’s Case Management bargaining unit at the Employer; and (3) at least one and one-half percent (1.5%) of the gross payroll of the Participating Employers’ bargaining unit employees who are in positions that are incorporated into other Union bargaining units at the Employer (Service & LPN), then the Employer will contribute to the Fund an amount equal to one percent (1%) of the gross payroll of the RN Unit employees. The effective date of this increased contribution rate will be the first full pay period that is thirty (30) days after the Employer is provided with ratified and executed copies of collective bargaining agreements or other binding, written agreements requiring all Participating Employers to make contributions to the Fund in rates that are at least the amounts described in this paragraph.
Sample 1
Establishment of Fund and Contribution Rate. A Training and Upgrading Fund, known as the Joint Employer Training and Education Fund (the "Fund") has been established for the purpose of creating a program for addressing the workforce needs of participating employers (collectively "Participating Employers") as well as the career, knowledge and skill aspirations of SEIU Healthcare 1199NW bargaining unit employees. The contribution to the Fund shall be au amount equal to one half (1/2%) percent of the gross payroll of the RN bargaining unit employees. Gross payroll shall be defined as the amount included on Box 5 of the W-2 form report of the Employer excluding per diem, on-call and temporary employees.
Sample 1

Related to Establishment of Fund and Contribution Rate

  • Investment of Contributions At the direction of the Depositor (or the direction of the beneficiary upon the Depositor's death), the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified by the Depositor in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a trust investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Depositor, and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Depositor.

  • Allocation of Contributions You may place your contributions in one fund or in any combination of funds, although your employer may place restrictions on investment in certain funds.

  • Tax Credit for Contributions You may be eligible to receive a tax credit for your IRA contributions. This credit will be allowed in addition to any tax deduction that may apply, and may not exceed $1,000 in a given year. You may be eligible for this tax credit if you are • age 18 or older as of the close of the taxable year, • not a dependent of another taxpayer, and • not a full-time student. The credit is based upon your income (see chart below), and will range from 0 to 50 percent of eligible contributions. In order to determine the amount of your contributions, add all of the contributions made to your IRA and reduce these contributions by any distributions that you have taken during the testing period. The testing period begins two years prior to the year for which the credit is sought and ends on the tax return due date (including extensions) for the year for which the credit is sought. In order to determine your tax credit, multiply the applicable percentage from the chart below by the amount of your contributions that do not exceed $2,000. *Adjusted gross income (AGI) includes foreign earned income and income from Guam, America Samoa, North Mariana Islands, and Puerto Rico. AGI limits are subject to cost-of-living adjustments each year.

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • Defined Contribution Plan The Employer will establish the following Employer contribution programs in the existing salary deferral plans: » Beginning in 2006 and continuing throughout the term of the Agreement, a performance-based contribution

  • 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.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Distribution of Financial Contribution The financial contribution of the Funding Authority to the Project shall be distributed by the Coordinator according to: - the Consortium Plan - the approval of reports by the Funding Authority, and - the provisions of payment in Section 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.

  • The Contribution Prior to the Effective Time, and subject to the terms and conditions set forth in the Distribution Agreement, Grace intends to cause the transfer to a wholly owned subsidiary of Grace-Conn. ("Packco") of certain assets and liabilities of Grace and its subsidiaries predominantly related to the Packaging Business (the "Contribution"), as contemplated by the Distribution Agreement and the Other Agreements.

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