Common use of Matching Pension Clause in Contracts

Matching Pension. The Employer agrees to contribute an additional matching one percent (1%) to the Pension Plan, for each employee, for all hours worked. Each employee shall also contribute a one percent (1%) matching amount to the Pension Plan for all hours worked. Employer and employee matching contributions will be made via payroll deduction. This contribution will be remitted to the applicable CLAC Remittance Team.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Matching Pension. The Employer agrees to contribute an additional matching one two percent (12%) to the Pension Plan, for each employee, for all hours worked. Each employee shall also contribute a one two percent (12%) matching amount to the Pension Plan for all hours worked. Employer and employee matching contributions will be made via payroll deduction. This contribution will be remitted to the applicable CLAC Remittance Team.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

Matching Pension. The Employer agrees to contribute an additional matching one percent (1%) the set amount per hour to the Pension Plan, for each employee, for all hours worked. worked as set out in the applicable wage schedules.. Each employee shall also contribute a one percent (1%) the set amount per hour matching amount to the Pension Plan for all hours worked. .. Employer and employee matching contributions will be made via payroll deduction. This contribution will be remitted to the applicable CLAC Remittance Team.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!