Common use of Pension Contributions During Leaves Clause in Contracts

Pension Contributions During Leaves. Bargaining unit employees who are on leaves for Union business shall be permitted to pay the contributions required or permitted by law to be made by the employee and the BOARD to the Public School Teachers’ Pension and Retirement Fund of Chicago or the Municipal Employees’ Annuity and Benefit Fund of Chicago to ensure that full credit for retirement purposes is granted for the time spent on such leaves of absence.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

AutoNDA by SimpleDocs

Pension Contributions During Leaves. Bargaining Bar- gaining unit employees who are on leaves for Union business shall be permitted to pay the contributions contribu- tions required or permitted by law to be made by the employee and the BOARD to the Public School Teachers’ Pension and Retirement Fund of Chicago or the Municipal Employees’ Annuity and Benefit Fund of Chicago to ensure that full credit for retirement retire- ment purposes is granted for the time spent on such leaves of absence.

Appears in 3 contracts

Samples: Agreement, Agreement, 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!