Pension Contribution. District shall pay 100% of the employer’s share, and Manager shall pay 100% of the employee’s share of the premium cost for the District employees' pension plan currently in effect or any successor plan as may become effective during the term of this Agreement.
Pension Contribution. Effective May 12, 2013, each Employer shall contribute to the Millwright Regional Council of Ontario Benefit Trust Fund for the Millwright Pension Plan, six dollars and twenty-five cents ($6.25) per hour for each hour earned by each Employee; twelve dollars and fifty cents ($12.50) per hour shall be contributed for all overtime hours. Effective May 1, 2014, each Employer shall contribute six dollars and fifty cents ($6.50) per hour for each hour earned by each Employee; thirteen dollars and zero cents ($13.00) per hour shall be contributed for all overtime hours. Effective May 1, 2015, each Employer shall contribute seven dollars and zero cents ($7.00) per hour for each hour earned by each Employee; fourteen dollars and zero cents ($14.00) per hour shall be contributed for all overtime hours
Pension Contribution. For each person hired as a police officer on or after January 1, 1997, who is eligible for the death and disability coverage provided by part 8 of Article 31 of Title 31, C.R.S., the contribution to the FPPA death and disability pension fund required by Sec. 31-31- 811(4) shall be assessed against the City in the amount of 2.6% of the member’s applicable salary as set forth in Section 31-31-811(4); provided that if the required contribution level is increased, the amount in excess of 2.6% of the member’s applicable salary shall be assessed against the member. Each person hired as a police officer on or after January 1, 1997, shall be required as a condition of employment to make a monthly contribution through payroll deduction equal to the contribution on behalf of the member required under Section 31-31-811(4), C.R.S., in excess of 2.6% of the member’s applicable salary.
Pension Contribution. (a) The payment by TCCC to CCE upon Closing pursuant to Section 3.14(b) of the Employee Matters Agreement (without taking into account a reduction in such amount pursuant to Section 3.14(b)(ii)) shall be equal to the lesser of (i) the Pre-Tax Contribution Amount and (ii) the sum of (A) 63% of the Pre-Tax Contribution Amount and (B) the excess of (x) the Certified CCE Tax Benefits above $292,000,000, over (y) the amount described in clause (x) calculated as if the Pre-Tax Contribution Amount had not been contributed to the Section 3.14 Pension Plans (as such term is defined in the Employee Matters Agreement). Such payment shall be made or taken into account in the manner set forth in Paragraph 7 of Schedule A of the Merger Agreement. Upon the determination of the Revised Certified CCE Tax Benefits and any subsequent adjustment thereto pursuant to Section 4.04, the amount payable pursuant to Section 3.14(b) of the Employee Matters Agreement (as calculated under this Section 4.05(a)) shall be redetermined, and the difference between such previously determined amount and the redetermined amount shall be paid by TCCC to Splitco (in the case of an increase in such amount) or by Splitco to TCCC (in the case of a decrease in such amount).
Pension Contribution. Effective January 1, 2001 the Employer agrees to increase their contribution by twenty (20) cents per hour straight time actually worked. Paid vacations and statutory holidays for all employees shall be considered as time worked. This will bring the contribution level to a total of eighty-eighty (88) cents per hour for all employees effective January 1,2001.
Pension Contribution. The Employer shall make pension deductions and contributions for eligible employees as established by applicable Minnesota statutes.
Pension Contribution. Effective, July 1, each year of the four year extension, the employer will add $.25 to the hourly pension contribution, for all bargaining units.
Pension Contribution. In addition to fulfilling its statutory obligation to the 1977 Police and Fire Fighter Pension and Disability fund, the City will contribute an additional 1.5% of the pension base on behalf of firefighters' contribution to the 1977 Fund, resulting in a reduction to the firefighters' contribution in the amount equal to 1.5% of the pension base. To further clarify, of the 6% of the pension base owed by firefighters to the 1977 Fund, the City will pay 1.5% and the employees will pay 4.5%.
Pension Contribution. (PERS-LE)
Pension Contribution. Effective July 1, 2014, the City’s total contribution to Plan B pension is thirteen and two hundred twenty-five thousands percent, (13.225%) and the Sworn Firefighter Personnel’s contribution to Plan B pension is eight and two thousands percent, (8.02%). The total contribution to the Plan B Pension for Sworn Firefighter Personnel will be twenty-one and two-hundred forty-five thousands percent, (21.245%)
