RHSP Seniority Contributions Sample Clauses

RHSP Seniority Contributions. 1. The City shall contribute one-hundred and twenty-five dollars ($125) per month to eligible unit employees’ RHSP accounts.
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RHSP Seniority Contributions. 1. Effective October 16, 2014, the City shall contribute to all unit employees a twenty‐ five dollar ($25) per month contribution at the commencement of their fifth (5th) year of full‐time salaried service with the City of Glendale toward their RHSP account. 2. Effective December 16, 2015, the City shall increase the above contribution to the eligible employees’ RHSP account by fifty dollars ($50) per month, for a total contribution of seventy‐five ($75) per month.
Sample 1

Related to RHSP Seniority Contributions

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Company Contributions 32.1.1 The Company will make contributions on the Employee’s behalf to a complying superannuation fund which meets the Company’s statutory obligations under applicable superannuation legislation. 32.1.2 To avoid doubt, for an Employee working a roster with rostered overtime, the Company is only required to pay superannuation on the Ordinary Time Earnings component of the Annualised Wage.

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