Common use of Other Contributions Clause in Contracts

Other Contributions. Effective January 1, 2017, the District will contribute up to $1,750 per year to eligible employees serving under a contract of 75% or more. A contribution of up to $1,750 per year will be prorated for those eligible employees serving under a contract of 50% up to 75% based on the percentage equivalent to the employee’s contract percentage. The employee can assign this contribution or any part of it toward dependent or employee medical/dental coverage, or other approved deductions consistent with IRS regulations.

Appears in 6 contracts

Samples: Non Teaching, Non Teaching, Non Teaching

AutoNDA by SimpleDocs

Other Contributions. Effective January 1, 2017, the The District will contribute up to $1,750 1,250 per year to eligible employees serving under a contract of 75% or more. A contribution of up to $1,750 1,250 per year will be prorated for those eligible employees serving under a contract of 50% up to 75% based on the percentage equivalent to the employee’s contract percentage. The employee can assign this contribution or any part of it toward dependent or employee medical/dental coverage, or other approved deductions consistent with IRS regulations.

Appears in 1 contract

Samples: 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!