Social Security System Sample Clauses

Social Security System. In the wage scale the column 8 “social program compensation” is a reallocation of total salary requiring that a Social Security System is in place for the seafarer. The Company shall pay up to USD 164 per month for the officers and USD 134 for ratings while serving on board to cover the seafarers part of payment to the mandatory national Social Security System either in the Norwegian Social Security system or in the seafarer’s country of residence. If there is no such national system in place the Company shall pay up to USD 164 per month for officers and USD 134 for ratings while serving on board to cover his/her part of a social benefit program for seafarers established either by the company or the national union, if approved by the parties to this agreement. If the program does not require the whole sum listed in wage scale column 8 or no such program is in place, the company shall pay the seafarer up to USD 164/134.
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Social Security System. The question arises as to whether contributions to Swiss and foreign social security systems are tax deductible. The Swiss social security system is, therefore, briefly out- lined. This rests on three pillars: (1) the old-age, sur- vivors’ (AHV) and invalidity insurance (IV), (2) the mandatory and facultative occupational benefit plan (BV) and (3) the voluntary individual retirement account and personal savings. Individuals who have their domicile in Switzerland or exercise an employment activity in Switzerland are sub- ject to the old-age, survivors’ and invalidity insurance. The contributions for employment income are borne equally by Swiss employers and employees, each at a rate of 4.9%.20 If the employees are not employed by a Swiss employer or a Swiss permanent establishment (PE, or ANOBAG),21 they are subject to Swiss social security at the rate for self-employed individuals, i.e. at a rate of 9.2%.22 There is no income cap. The result is an “income tax” for high-income earners. Non-employed individu- als pay contributions based on their financial circum- stances or, at least, a minimum.23 Employment income starting from CHF 23,205 up to a maximum amount of CHF 79,560 (koordinierter Lohn) is subject to the occu- pational benefit plan.24 The contributions are again borne equally by the Swiss employer and the employee, each at graduated, progressive rates of between 3.5% and 9% (depending on the employee’s age).25 If, however, individuals are not employed by a Swiss employer or a Swiss PE, they are not subject to the mandatory occupa- tional benefit plan. Self-employed individuals are enti- tled to voluntary contributions to the occupational ben- efit plan. Finally, employed and self-employed individuals are entitled to deduct voluntary payments to individual retirement accounts from gross income. The maximum is CHF 6,365 for individuals who are insured with an occupational benefit plan and CHF 31,824 for individuals without an occupational benefit plan.26
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Social Security System. 8.1 Register the Borrower as an employer and obtain a Social Security System employer identification number. 8.2 Register employees with the Social Security System and remit monthly contributions.
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Social Security System. Fulfillment of the basic rights of citizens through the development of productive economic resources, creating broad employment opportunities as a starting point for development and compiling economic strength.
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Social Security System. 1. The performance of external academic curricular placements on official or UIB-specific undergraduate and postgraduate programmes at the UIB shall align with what is set out in additional provision 52 of Royal Decree-Law 2/2023 of 16th March on Urgent Measures to Extend the Rights of Pensioners, Reduce the Gender Gap and Establish a New Sustainability Framework for the Public Pension System 2. The social security obligations for unpaid curricular training placements shall be covered by the ‘UIB/company’. For paid training placements, the social security obligations shall be covered by the institution or organisation funding the training programme 3. Where the Spanish government grants a moratorium for social security obligations, the paragraph above shall not apply for as long as said moratorium remains in force 4. The performance of the placements mentioned in the previous paragraph may not give rise to the replacement of other members of staff in the workplace 5. Where students join the workforce at the collaborating institution at the end of their studies, the placement period may not be used to calculate seniority or to exempt them from a trial period, except where the applicable collective agreement expressly stipulates different terms.
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Related to Social Security System

  • Social Security (check one)‌

  • Group Health Insurance The Employer shall provide a comprehensive health care insurance program for all permanent full-time and part-time employees. Health Plan characteristics and benefits shall be as provided in the Employer’s Agreement with the Ohio Civil Service Employees Association (hereinafter OCSEA). Regardless of the plan, employees will pay fifteen percent (15%) of the premium and the Employer will pay eighty-five percent (85%) of the premium; however for any alternative plans offered pursuant to the Agreement with OCSEA, the employees’ premium share will be determined by the Director of DAS, but will not exceed fifteen percent (15%) of the premium. The Employer’s premium share shall be paid on behalf of eligible employees as provided in the Employer’s Agreement with OCSEA. Employees who include a spouse as a dependent for healthcare coverage shall pay a surcharge as provided in the Employer’s Agreement with OCSEA. Eligibility provisions for employees enrolling in State provided health care plans shall remain the same as those in effect in the Employer’s Agreement with OCSEA. The Employer reserves the right to perform dependent eligibility audits upon recommendation of the Joint Health Care Committee. Health care costs paid on behalf of ineligible dependents will be subject to recovery. Deductibles, co-payments, and other plan design provisions for all benefit programs shall be the same as those prescribed in the Employer’s Agreement with OCSEA. Every year the Employer shall conduct an open enrollment period, at which time employees shall be able to enroll in a health plan, continue enrollment in their current plan, switch to another plan, subject to plan availability in their area, or waive coverage. The timing of the open enrollment period shall be established by the Director of the Department of Administrative Services (DAS), in consultation with the Joint Health Care Committee. Changes outside of open enrollment may only occur as prescribed in the Employer’s Agreement with OCSEA. Open Enrollment Fairs shall be held in accordance with Employer’s Agreement with OCSEA. There shall be established a Joint Health Care Committee composed of representatives of management, and of the various labor Unions representing State employees. The Committee shall meet regularly to monitor the operation of the State’s health care plans, and to make recommendations for the improvement of the plans and cost containment procedures. The Employer shall provide funding for dental, vision and the life benefits as described in Article 21 of the Employer’s Agreement with OCSEA and the Union’s Benefits Trust. Employee health insurance payments will be deducted from every paycheck. In the event an employee is receiving disability leave or Workers’ Compensation benefits, the Employer- policyholder shall continue, at no cost to the employee, the coverage of group health insurance for such employee for the period of such leave, but not beyond twelve (12) months. If the employee’s leave extends beyond twelve

  • Health Insurance The Couple agrees that: (check one)

  • HEALTH & WELFARE 16:1 The parties signatory hereto shall enter into a Health and Welfare Plan for which there is a Trust Agreement, known as the Line Construction Benefit Fund, for the purpose of providing insurance benefits for eligible employees and/or their dependents. Effective the first of the month following the signature date of this Agreement, the Employer shall pay to the Line Construction Benefit Fund the sum of $6.50 for each hour worked. Hours worked shall be deemed to include straight-time hours worked, overtime hours worked, and report time not worked. Remittance shall be forwarded to the place designated by the parties hereto on or before the fifteenth (15th) day of each month for each hour worked in weekly payroll periods ending during the preceding month, together with a monthly payroll report on a form to be furnished to the Employer. It is understood and intended by the parties to this Agreement that the purpose of this clause is to establish an Employer financed Health and Welfare Trust and that contributions thereto shall not be deemed to be wages to which any employee shall have any right other than the right to have such contributions paid over to the Trust fund in accordance herewith. Failure of an individual Employer to make all payments provided for, including liquidated damages for late payments, within the time specified, shall be a breach of this Agreement and will further require action by the Trustees as set forth in the Trust Agreement. Any increase in the required contributions set forth above will be paid equally (50% by the Employer and 50% by the Employee). The amount paid by the Employee will come from their NEAP contribution. 16:2 HRA: Effective the first of the month following the signature date of this Agreement, the Employer also agrees to pay into the Line Construction Benefit Fund $1.00 per hour through the term of this Agreement. HRA is calculated on all hours worked for all working classifications covered by this Agreement. These contributions shall be used to provide Health Reimbursements Accounts(s) under the Line Construction Benefit Fund Plan of Benefits.

  • Health Insurance Benefits To the extent provided by the federal COBRA law or, if applicable, state insurance laws, and by the Company’s current group health insurance policies, Executive will be eligible to continue Executive’s group health insurance benefits at Executive’s own expense. If Executive timely elects continued coverage under COBRA, the Company shall pay Executive’s COBRA premiums, and any applicable Company COBRA premiums, necessary to continue Executive’s then-current coverage for a period of 12 months after the date of Executive’s termination of employment; provided, however, that any such payments will cease if Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such premiums. Executive agrees to immediately notify the Company in writing of any such enrollment. Notwithstanding the foregoing, if the Company determines, in its sole discretion, that it cannot provide the foregoing benefit without potentially incurring financial costs or penalties under applicable law (including, without limitation, Section 2716 of the Public Health Service Act), the Company shall in lieu thereof provide to Executive a taxable monthly amount to continue his group health insurance coverage in effect on the date of separation from service (which amount shall be based on the premium for the first month of COBRA coverage), which payments shall be made regardless of whether Executive elects COBRA continuation coverage and shall commence in the month following the month in which Executive incurs a separation from service and shall end on the earlier of (x) the date on which Executive voluntarily enrolls in a health insurance plan offered by another employer or entity during the period in which the Company is paying such amounts and (y) 12 months after the date of Executive’s separation from service.

  • Retiree Health Insurance Retired members of the Department receiving, or to receive City of Lincoln monthly pension checks, may participate in the group comprehensive health care plan for active City employees, provided that each retiree so desiring will execute the required forms in a timely fashion, and further provided that each retiree will be required to pay the full monthly cost at the current rates subject to any rate increases which may occur from time to time. Such payment will be made by payroll deduction from pension checks, or by direct payment in the case of an early retiree.

  • Health insurance premiums If you are unemployed and have received unemployment compensation for 12 consecutive weeks under a federal or state program, you may take payments from your IRA to pay for health insurance premiums without incurring the 10 percent early distribution penalty tax.

  • Health Overcoming or managing one’s disease(s) as well as living in a physically and emotionally healthy way;

  • Medicare Parts A and B of the health care program for the aged and disabled provided by Title XVIII of the United States Social Security Act, as amended from time to time. [MEMBER]. An eligible person who is covered under this Contract (includes Covered Employee[ and covered Dependents, if any)].

  • Data Portability Operator shall, at the request of the LEA, make Data available including Pupil Generated Content in a readily accessible format.

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