Common use of Premium Contribution Clause in Contracts

Premium Contribution. Employees are obliged to pay a premium of 1.64% of their monthly salary up to the departure date. The premium contribution is calculated on the salary up to the normative salary, vacation pay and any relocation allowance/placement allowance. The premium contribution shall be deducted monthly from the salary.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

Premium Contribution. Employees are obliged to pay a premium of 1.64% of their monthly salary up to the departure date. The premium contribution is calculated on the salary up to the normative salary, vacation pay and any relocation allowance/placement allowance. The premium contribution shall be is deducted monthly from the salary.

Appears in 1 contract

Samples: Collective Agreement

Premium Contribution. Employees are obliged to pay a premium of 1.64% of their monthly salary up to the departure date. The premium contribution is calculated on the salary up to maximum the normative salary, final salary and the vacation pay and any relocation allowance/placement allowancepay. The premium contribution shall be is deducted monthly from the salary.

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

Premium Contribution. Employees are obliged to pay a premium of 1.64% of their monthly salary up to the departure date. The premium contribution is calculated on the salary up to the normative salary, vacation pay and any relocation allowance/placement allowance. The premium contribution shall be is deducted monthly from the salary. 7 Pension fund participation 8 Group health insurance APPENDICES SPECIFIC TO KPN CONTACT APPENDIX 7 Transitional provisions

Appears in 1 contract

Samples: Collective Agreement

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