Special Campus Needs Pool. Effective July 8, 2007, an amount equal to three-tenths percent (0.3%) of state funded payroll as of July 7, 2007 was paid into the Special Campus Needs Pool on each campus; this fund continues to be renewable on an annual basis. The remaining monies in each campus pool shall be used to address economic issues of the bargaining unit as agreed upon by both the Union and the Administration on each campus. The parties agree to meet annually to determine a plan for the expenditure of the pool.
Appears in 10 contracts
Samples: hr.umb.edu, Memorandum of Agreement, www.umass.edu
Special Campus Needs Pool. Effective July 8, 2007, an amount equal to three-tenths three-‐tenths percent (0.3%) of state funded payroll as of July 7, 2007 was paid into the Special Campus Needs Pool on each campus; this fund continues to be renewable on an annual basis. The remaining monies in each campus pool shall be used to address economic issues of the bargaining unit as agreed upon by both the Union and the Administration on each campus. The parties agree to meet annually to determine a plan for the expenditure of the pool.
Appears in 2 contracts
Samples: hr.umb.edu, www.umass.edu
Special Campus Needs Pool. Effective July 8, 2007, an amount equal to three-tenths threeMtenths percent (0.3%) of state funded payroll as of July 7, 2007 was paid into the Special Campus Needs Pool on each campus; this fund continues to be renewable on an annual basis. The remaining monies in each campus pool shall be used to address economic issues of the bargaining unit as agreed upon by both the Union and the Administration on each campus. The parties agree to meet annually to determine a plan for the expenditure of the pool.
Appears in 1 contract
Samples: www.umass.edu
