Common use of Money Purchase Pension Plan Clause in Contracts

Money Purchase Pension Plan. A. The District will deposit an amount equivalent to six and sixty-five hundredths percent (6.65%) of the employee’s base rate monthly compensation (after deducting the first one hundred thirty- three dollars and thirty-three cents [$133.33] paid during the month) up to a maximum annual contribution of one thousand eight hundred sixty-eight dollars and sixty-five cents ($1,868.65) into a Money Purchase Pension Plan (MPPP) for employees. The base rate monthly compensation equals one hundred seventy-three and one third (173.33) hours X base straight time hourly rate.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Money Purchase Pension Plan. A. The District will deposit an amount equivalent to six and sixty-five hundredths percent (6.65%) of the employee’s base rate monthly compensation (after deducting the first one hundred thirty- thirty-three dollars and thirty-three cents [$133.33] paid during the month) up to a maximum annual contribution of one thousand eight hundred sixty-sixty- eight dollars and sixty-five cents ($1,868.65) into a Money Purchase Pension Plan (MPPP) for employees. The base rate monthly compensation equals one hundred seventy-three and one third (173.33) hours X base straight time hourly rate.

Appears in 2 contracts

Samples: www.bart.gov, www.bart.gov

Money Purchase Pension Plan. A. The District will continue to deposit an amount equivalent to six and sixty-sixty five hundredths hundredth’s percent (6.65%) of the employee’s base rate monthly compensation (after deducting the first one hundred thirty- thirty three dollars and thirty-thirty three cents cent [$133.33] paid during the month) up to a maximum annual contribution of one thousand eight hundred sixty-and sixty eight dollars and sixty-five cents ($1,868.65) into a Money Purchase Pension Plan (MPPP) for employees. The base rate monthly compensation equals one hundred seventy-seventy three and one one- third (173.33) hours X base straight time hourly rate.

Appears in 2 contracts

Samples: Agreement, Agreement

Money Purchase Pension Plan. A. The District will continue to deposit an amount equivalent to six and sixty-five hundredths one hundredth‟s percent (6.65%) of the employee’s employee‟s base rate monthly compensation (after deducting the first one hundred thirty- thirty-three dollars and thirty-three cents [$133.33] paid during the month) up to a maximum annual contribution of one thousand eight hundred and sixty-eight dollars and sixty-five cents ($1,868.65) into a Money Purchase Pension Plan (MPPP) for employees. The base rate monthly compensation equals one hundred seventy-three and one third (173.33) hours X times base straight time hourly rate.

Appears in 2 contracts

Samples: Service Employees International Union, Local, Service Employees International Union, Local

Money Purchase Pension Plan. A. The District will continue to deposit an amount equivalent to six and sixty-five hundredths sixty−five one hundredth’s percent (6.65%) of the employee’s base rate monthly compensation (after deducting the first one hundred thirty- three thirty−three dollars and thirty-three thirty−three cents [$133.33] paid during the month) up to a maximum annual contribution of one thousand eight hundred sixty-eight and sixty−eight dollars and sixty-five sixty−five cents ($1,868.65) into a Money Purchase Pension Plan (MPPP) for employees. The base rate monthly compensation equals one hundred seventy-three seventy−three and one third (173.33) hours X times base straight time hourly rate.

Appears in 2 contracts

Samples: Agreement, Service Employees

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Money Purchase Pension Plan. A. The District will continue to deposit an amount equivalent to six and sixty-sixty five hundredths hundredth’s percent (6.65%) of the employee’s base rate monthly compensation (after deducting the first one hundred thirty- thirty three dollars and thirty-thirty three cents cent [$133.33] paid during the month) up to a maximum annual contribution of one thousand eight hundred sixty-and sixty eight dollars and sixty-five cents ($1,868.65) into a Money Purchase Pension Plan (MPPP) for employees. The base rate monthly compensation equals one hundred seventy-seventy three and one one-third (173.33) hours X base straight time hourly rate.

Appears in 1 contract

Samples: Agreement

Money Purchase Pension Plan. A. The District will continue to deposit an amount equivalent to six and sixty-five hundredths one hundredth’s percent (6.65%) of the employee’s base rate monthly compensation (after deducting the first one hundred thirty- thirty-three dollars and thirty-three cents [$133.33] paid during the month) up to a maximum annual contribution of one thousand eight hundred and sixty-eight dollars and sixty-five cents ($1,868.65) into a Money Purchase Pension Plan (MPPP) for employees. The base rate monthly compensation equals one hundred seventy-three and one third (173.33) hours X times base straight time hourly rate.

Appears in 1 contract

Samples: www.dol.gov

Money Purchase Pension Plan. A. The District will continue to deposit an amount equivalent to six and sixty-five hundredths hundredth's percent (6.65%) of the employee’s 's base rate monthly compensation (after deducting the first one hundred thirty- thirty-three dollars and thirty-three cents cent [$133.33] paid during the month) up to a maximum annual contribution of one thousand eight hundred and sixty-eight dollars and sixty-five cents ($1,868.65) into a Money Purchase Pension Plan (MPPP) for employees. The base rate monthly compensation equals one hundred seventy-three and one one-third (173.33) hours X base straight time hourly rate.

Appears in 1 contract

Samples: Agreement

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