Common use of PACIFIC COAST BENEFIT PLAN Clause in Contracts

PACIFIC COAST BENEFIT PLAN. For the duration of this Agreement, the Employer contribution shall be one dollar and thirty-five cents ($1.35) per hour compensated. The Union reserves the right to convert to an alternate tax deferred plan that would provide for individual direction of investment alternatives at any time during the term of this contract upon sixty (60) days notice to the Port of Seattle, provided that the change would involve no additional cost to the Port of Seattle.

PACIFIC COAST BENEFIT PLAN. For the duration of this Agreement, the tThe Employer contribution shall be one dollar and thirty-five cents ($1.35) per hour compensated. Effective January 1, 2024, the Employer contribution shall be one dollar and fifty cents ($1.50) per hour compensated. The Union reserves the right to convert to an alternate tax deferred plan that would provide for individual direction of investment alternatives at any time during the term of this contract upon sixty (60) days notice to the Port of Seattle, provided that the change would involve no additional cost to the Port of Seattle.

PACIFIC COAST BENEFIT PLAN. For the duration of this Agreement, the Employer contribution shall be one dollar and thirty-five cents ($1.35) per hour compensated. The Union reserves the right to convert to an alternate tax deferred plan that would provide for individual direction of investment alternatives at any time during the term of this contract upon sixty (60) days days’ notice to the Port of Seattle, provided that the change would involve no additional cost to the Port of Seattle.