Common use of Salary Contributions Clause in Contracts

Salary Contributions. Employee salary contributions -- a function of years of service and corresponding percentage -- shall be deposited into the Employee’s HCSP account. 1. Employees at step 1 (68% of Top Patrol) shall contribute one-quarter (¼) percent of the Employee’s gross earnings per pay period. 2. Employees at step 2 (75% of Top Patrol) shall contribute one-half (½) percent of the Employee’s gross earnings per pay period. 3. Employees at step 3 (85% of Top Patrol) shall contribute three-quarters (3/4) percent of the Employee’s gross earnings per pay period. 4. Employees at step 4 (90% of Top Patrol) and above shall contribute one (1) percent of the Employee’s gross earnings per pay period.

Appears in 5 contracts

Samples: Labor Agreement, Labor Agreement, Labor Agreement

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