Common use of Pick Up to Employee Contributions Clause in Contracts

Pick Up to Employee Contributions. a. Pursuant to the provision of this Agreement, the Employer shall make employee contributions on behalf of employees, and such contribution shall be treated as employer contribution in determining tax treatment under the Internal Revenue Code of the United States. Such contributions are being made by the employer in lieu of employee contributions.

Pick Up to Employee Contributions. a. Pursuant to the provision provisions of this Agreement, the Employer shall make employee contributions on behalf of employees, and such contribution contributions shall be treated as employer contribution in determining tax treatment under the Internal Revenue Code of the United States. Such contributions are being made by the employer in lieu of employee contributions.