Common use of SALARY AND WAGE DEFERMENT PLAN Clause in Contracts

SALARY AND WAGE DEFERMENT PLAN. The Employer shall continue to provide a money market/payroll deferment plan to the Employees. Upon application by the Employee and delivery to the Township of the appropriate payroll deduction authorization, the Township shall make deductions from the Employee’s salary in each payroll period in authorized amounts. The Employer shall bear all reasonable costs incurred in the establishment of the Plan implemented pursuant hereto.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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SALARY AND WAGE DEFERMENT PLAN. The Employer shall continue agrees to provide the continuation of a money market/payroll deferment plan which shall be presented to the EmployeesEmployees prior to its initiation. Upon application by the Employee and delivery to the Township of the appropriate payroll deduction authorization, the Township shall make deductions from the Employee’s salary in each payroll period in authorized amounts. The Employer shall bear all reasonable costs incurred in the establishment of the Plan implemented pursuant hereto.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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SALARY AND WAGE DEFERMENT PLAN. The Employer shall continue agrees to provide the initiation of a money market/payroll deferment plan which shall be presented to the EmployeesEmployees prior to its initiation. Upon application by the Employee and delivery to the Township of the appropriate payroll deduction authorization, the Township shall make deductions from the Employee’s salary in each payroll period in authorized amounts. The Employer shall bear all reasonable costs incurred in the establishment of the Plan implemented pursuant hereto.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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