Common use of GROSS PAY AGREEMENTS Clause in Contracts

GROSS PAY AGREEMENTS. Gross pay agreements, i.e. agreements that stipulate that the pay should be determined on the basis of the employee taking the initiative to establish a pension scheme and finance the contributions from their pay, shall be respected provided that they can be documented and were entered into before the end of December 1992, and on these further conditions: Under a gross pay agreement, a pension scheme has to be established that meets the requirements for existing agreements laid down in the present agreement, cf. above concerning contributions to existing schemes. A gross pay agreement that the employee did not follow up by establishing a pension scheme before 1 November 1993 – or for companies covered by the collective agreement in the future, no later than three months after the collective agreement entered into force – must be followed up at the request of the company to ensure that a pension scheme is established. In this connection, the company may withhold an amount of the employee’s gross pay equal to the contribution to the pension scheme stipulated in the collective agreement (the sum of the agreed employee’s and employer’s contributions). If this has not been done before the deadline, a pension scheme for the employees concerned shall be established within the scheme established by the parties to the collective agreement. The full amount shall be withheld by the company from the gross pay and paid to the pension company. Gross pay agreements entered into from 1 January 1993 onwards shall be followed up by establishing a pension scheme within the scheme founded by the parties, and again the company may withhold an amount of the employee’s gross pay equal to the contribution to the pension scheme stipulated in the collective agreement (the sum of the agreed employee’s and employer’s contributions).

Appears in 2 contracts

Samples: National Collective Agreement, www.danskerhverv.dk

AutoNDA by SimpleDocs

GROSS PAY AGREEMENTS. Gross pay agreements, i.e. agreements that stipulate entail that the pay should be determined on the basis of the employee taking the initiative to establish a pension scheme and finance the contributions from their pay, shall must be respected provided that they can be documented and were entered into before the end of December 1992, and on these further conditions: Under a gross pay agreement, a pension scheme has to must be established that meets the requirements for existing agreements laid down in the present this agreement, cf. see the above concerning contributions to existing schemes. A gross pay agreement that the employee did not follow up by establishing a pension scheme before 1 November 1993 – or for companies enterprises covered by the collective agreement in the future, no later than three months after the collective agreement entered into force – must be followed up at the request of the company enterprise to ensure that a pension scheme is established. In this connection, the company may enterprise is entitled to withhold an amount of the employee’s gross pay equal to the contribution to the pension scheme stipulated in the collective agreement (the sum of the agreed employee’s and employer’s contributions). If this has not been done before the deadlinetime limit, a pension scheme for the employees concerned shall must be established within the scheme established by the parties to the collective agreement. The full amount shall must be withheld by the company enterprise from the gross pay and paid to the pension company. Gross pay agreements entered into from 1 January 1993 onwards shall must be followed up by establishing a pension scheme within the scheme founded by the parties, and again in this connection the company may enterprise is entitled to withhold an amount of the employee’s gross pay equal to the contribution to the pension scheme stipulated in the collective agreement (the sum of the agreed employee’s and employer’s contributions).

Appears in 2 contracts

Samples: National Collective Agreement, National Collective Agreement

GROSS PAY AGREEMENTS. Gross pay agreements, i.e. agreements that stipulate that the pay should be determined on the basis of the employee taking the initiative to establish a pension scheme and finance the contributions from their pay, shall be respected provided that they can be documented and were entered into before the end of December 1992, and on these further conditions: Under a gross pay agreement, a pension scheme has to be established that meets the requirements for existing agreements laid down in the present agreement, cf. above concerning contributions to existing schemes. A gross pay agreement that the employee did not follow up by establishing a pension scheme before 1 November 1993 – or for companies enterprises covered by the collective agreement in the future, no later than three months after the collective agreement entered into force – must be followed up at the request of the company enterprise to ensure that a pension scheme is established. In this connection, the company enterprise may withhold an amount of the employee’s gross pay equal to the contribution to the pension scheme stipulated in the collective agreement (the sum of the agreed employee’s and employer’s contributions). If this has not been done before the deadline, a pension scheme for the employees concerned shall be established within the scheme established by the parties to the collective agreement. The full amount shall be withheld by the company enterprise from the gross pay and paid to the pension companyenterprise. Gross pay agreements entered into from 1 January 1993 onwards shall be followed up by establishing a pension scheme within the scheme founded by the parties, and again the company enterprise may withhold an amount of the employee’s gross pay equal to the contribution to the pension scheme stipulated in the collective agreement (the sum of the agreed employee’s and employer’s contributions).

Appears in 1 contract

Samples: National Collective Agreement

AutoNDA by SimpleDocs

GROSS PAY AGREEMENTS. Gross pay agreements, i.e. agreements that stipulate that the pay should be determined on the basis of the employee taking the initiative to establish a pension scheme and finance the contributions from their pay, shall be respected provided that they can be documented and were entered into before the end of December 1992, and on these further conditions: Under a gross pay agreement, a pension scheme has to be established that meets the requirements for existing agreements laid down in the present agreement, cf. above concerning contributions to existing schemes. A gross pay agreement that the employee did not follow up by establishing a pension scheme before 1 November 1993 – or for companies enterprises covered by the collective agreement in the future, no later than three months after the collective agreement entered into force – must be followed up at the request of the company enterprise to ensure that a pension scheme is established. In this connection, the company enterprise may withhold an amount of the employee’s gross pay equal to the contribution to the pension scheme stipulated in the collective agreement (the sum of the agreed employee’s and employer’s contributions). If this has not been done before the deadline, a pension scheme for the employees concerned shall be established within the scheme established by the parties to the collective agreement. The full amount shall be withheld by the company enterprise from the gross pay and paid to the pension company. Gross pay agreements entered into from 1 January 1993 onwards shall be followed up by establishing a pension scheme within the scheme founded by the parties, and again the company enterprise may withhold an amount of the employee’s gross pay equal to the contribution to the pension scheme stipulated in the collective agreement (the sum of the agreed employee’s and employer’s contributions).

Appears in 1 contract

Samples: National Collective Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.