Mandatory Employee Contribution. Effective July 1, 2006, the teacher will contribute 2% of their salary from schedule A.
Mandatory Employee Contribution. If the Employee is eligible under the Plan to make a Mandatory Employee Contribution, the Employee must elect under this section to make a contribution for an amount equal to 5% of compensation. [ ] Employee elects to defer 5% of compensation2
Mandatory Employee Contribution. The term “Mandatory Employee Contribution” means an Employee Contribution that equals the specified percentage of a Participant’s Compensation which the Participant must contribute to the Plan in order to receive an allocation of Employer contributions and Forfeitures for the Allocation Period.
Mandatory Employee Contribution. Employees hired after April 24, 2010, shall contribute $50 each pay period.
Mandatory Employee Contribution. 6% of pay – pretax (includes overtime) – payroll deduction.
Mandatory Employee Contribution. Employees will contribute 1% of the employee's salary.
Mandatory Employee Contribution. Mandatory Employee Contribution means a pre-tax Employee contribution which the Employee agrees to make as a condition of employment. Mandatory Employee Contributions also include contributions made pursuant to an Employee’s irrevocable one-time election, as described in Section 1.24(F). Mandatory Employee Contributions are treated as pretax Nonelective Contributions and are 100% Vested at all times.
Mandatory Employee Contribution. Starting July 1, 2011, the employee will contribute 2.0% of their salary from Appendix A.
