Payroll Savings Sample Clauses

Payroll Savings. The Board shall deduct payroll savings for any teacher that elects such in an amount determined by that teacher at the following institutions:
Sample 1Sample 2
AutoNDA by SimpleDocs
Payroll Savings. Section 1 – The District will provide for payroll deductions for Payroll Savings, Employee Retirement System Loans, any accounts in the Chen-Del-O FCU, Xxxxxx FCU, Visions FCU, GHS FCU, M&T Bank, NBT Bank, the Binghamton Savings Bank, Xxxxxx National Bank, People’s National Bank, United Way, AFLAC and TSA’s. Any employee desiring any deductions at these institutions should notify the Business Office by August 1. Any employee desiring to initiate or change a deduction subsequent to August 1 must do so prior to January 1, March 1, May 1, July 1, September 1, or November 1. The Business Office will continue to allow changes at any time to accommodate payroll deductions for loans from the aforementioned institutions.‌
Sample 1
Payroll Savings. The district will make available Tax Sheltered Annuities through payroll deduction. Payments for these annuities shall constitute a reduction in salaries as authorized by the administrator and will be deductible automatically by the district from each paycheck. The district will select one company to serve as forwarding agent.
Sample 1
Payroll Savings. 1. Tax sheltered annuities are available for any non-teaching staff member upon request to the Board of Education. Payments for these annuities will be deducted automatically by the school district from each pay check.
Sample 1
Payroll Savings. The employer will, at the request of the employee, deduct authorized amounts from their salary for deposit in employees account in the Columbia County Credit Union.
Sample 1
Payroll Savings. Section 1 – The District will provide for payroll deductions for Payroll Savings, Employee Retirement System Loans, any accounts in the Chen-Del-O FCU, Xxxxxx FCU, NBT Bank, the Binghamton Savings Bank, Xxxxxx National Bank, People’s National Bank, United Way, AFLAC and TSA’s. Any employee desiring any deductions at these institutions should notify the Business Office by August‌
Sample 1
Payroll Savings. Tax sheltered annuities are available for any administrative staff member upon request to the District prior to November 1st_ Payments for these annuities shall constitute a reduction in salaries as authorized by the staff members and will be deductible automatically by the School District from each paycheck. The District will select one company to serve as forwarding agent. The District will offer an IRS Code Section 457 Plan. Such payments shall be made as an employer non-elective contribution to an IRS 403(b) non-elective tax sheltered annuity plan and/or a 457 plan within allowable IRS rules and limitations for the benefit of the administrator.
Sample 1
AutoNDA by SimpleDocs
Payroll Savings. 12.4.1 The Village will supply a system of payroll savings for any member of the Department so desiring to join. Payroll savings plan could be either specified amount placed in member's savings account or U.S. Savings Bonds obtained by withholding a specified amount from the Employee's pay at his request to take part in such a program.
Sample 1

Related to Payroll Savings

  • Retirement Savings 5.6.1 Principals are eligible to join a KiwiSaver scheme in accordance with the terms of those schemes.

  • Retirement Savings Plan Within fifteen (15) days after the date of Termination of Employment, the Company shall pay to Employee a cash payment in an amount, if any, necessary to compensate Employee for the Employee’s unvested interests under the Company’s retirement savings plan which are forfeited by Employee in connection with the Termination of Employment.

  • Savings Plan Executive will be eligible to enroll and participate, and be immediately vested in, all Company savings and retirement plans, including any 401(k) plans, as are available from time to time to other key executive employees.

  • RETIREE HEALTH SAVINGS PLAN Effective, December 24, 2006, or as soon as administratively possible, the County shall establish a retiree health savings plan (RHSP) by contributing an amount of $25.00 to the employee’s RHSP each biweekly pay period.

  • Health Savings Account (HSA) is a tax-exempt trust or custodial account established exclusively for the purpose of paying qualified medical expenses of the member who is covered under a high deductible health plan. The member must be covered under the HSA plan for the months in which contributions are made. HIGH DEDUCTIBLE HEALTH PLAN (HDHP) is a health plan that satisfies certain requirements with respect to deductibles and out-of-pocket expenses. The plan cannot provide payment for any covered healthcare service until the plan year deductible is satisfied, with the exception of preventive care services. HOSPITAL means a facility: • that provides medical and surgical care for patients who have acute illnesses or injuries; and • is either listed as a hospital by the American Hospital Association (AHA) or accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO).

  • Health Care Savings Plan As provided in this Agreement, eligible ASF Members will participate in the health care savings plan (HCSP) established under Minnesota Statute 352.98, and as administered by the Plan Administrator. The Employer is responsible only for transferring funds, as specified in this agreement, to the Plan Administrator.

  • Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.

  • Retirement Plan The 2.7% at 55 retirement plan will be available to eligible bargaining unit members covered by this Section 6.1.1.

  • REGISTERED RETIREMENT SAVINGS PLAN 1. In this Article:

  • Can a Savings and Incentive Match Plan for Employees of Small Employers (“SIMPLE”) Be Used in Conjunction with a Traditional IRA? A Traditional IRA may also be used in connection with a SIMPLE Plan established by your employer (or by you if you are self-employed). When this is done, the IRA is known as a SIMPLE IRA, although it is similar to a Traditional IRA with the exceptions described below. Under a SIMPLE Plan, you may elect to have your employer make salary reduction contributions to your SIMPLE IRA up to $13,500 in 2020 and $13,500 in 2021. The limits may be adjusted periodically for cost of living increases. In addition, your employer will contribute certain amounts to your SIMPLE IRA, either as a matching contribution to those participants who make salary reduction contributions or as a non-elective contribution to all eligible participants whether or not they make salary reduction contributions. A number of special rules apply to SIMPLE Plans, including (1) a SIMPLE Plan generally is available only to employers with fewer than 100 employees,

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