Common use of Movement of Monies Clause in Contracts

Movement of Monies. Not less than thirty (30) days prior to the effective date of a wage increase the employees shall be allowed to vote to take money from the increase and pay it to the pension. A majority vote shall determine the outcome. The Union shall conduct all aspects of this secret ballot vote and provide notice to the Municipality of the outcome.

Appears in 4 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement

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