Common use of State and Federal Tax Offset Clause in Contracts

State and Federal Tax Offset. 9 In the event County medical insurance premium payments on behalf of 10 retirees or their dependents are made subject to state or federal taxation, any additional 11 costs to the County shall be directly offset against such payments required under this 12 section. (For example, if the effect on the County of the additional tax is to increase the 13 County's outlay by an amount equivalent to ten percent (10%) of aggregate monthly retiree 14 premium, the County's contribution shall be reduced to forty percent (40%) of premium so 15 that net County costs will remain unchanged.)

Appears in 3 contracts

Samples: Oregon And, multco.us, www.afscmelocal88.org

AutoNDA by SimpleDocs

State and Federal Tax Offset. 9 8 In the event County medical insurance premium payments on behalf of 10 retirees 9 or their dependents are made subject to state or federal taxation, any additional 11 costs to the 10 County shall be directly offset against such payments required under this 12 section. (For 11 example, if the effect on the County of the additional tax is to increase the 13 County's outlay by 12 an amount equivalent to ten percent (10%) of aggregate monthly retiree 14 premium, the County's 13 contribution shall be reduced to forty percent (40%) of premium so 15 that net County costs will 14 remain unchanged.)) 80

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

State and Federal Tax Offset. 9 In the event County medical insurance premium payments on behalf of 10 retirees or their dependents are made subject to state or federal taxation, any additional 11 costs to the County shall be directly offset against such payments required under this 12 section. (For example, if the effect on the County of the additional tax is to increase the 13 County's outlay by an amount equivalent to ten percent (10%) of aggregate monthly retiree 14 premium, the County's contribution shall be reduced to forty percent (40%) of premium so 15 that net County costs will remain unchanged.)

Appears in 2 contracts

Samples: Last Chance Agreement, Oregon And

State and Federal Tax Offset. 9 27 In the event County medical insurance premium payments on behalf of 10 28 retirees or their dependents are made subject to state or federal taxation, any additional 11 29 costs to the County shall be directly offset against such payments required under this 12 30 section. (For example, if the effect on the County of the additional tax is to increase the 13 31 County's outlay by an amount equivalent to ten percent (10%) of aggregate monthly retiree 14 32 premium, the County's contribution shall be reduced to forty percent (40%) of premium so 15 33 that net County costs will remain unchanged.)

Appears in 2 contracts

Samples: Agreement, Agreement

State and Federal Tax Offset. 9 In the event County medical insurance premium payments on behalf of 10 retirees or their dependents are made subject to state or federal taxation, any additional 11 costs to the County shall be directly offset against such payments required under this 12 section. (For example, if the effect on the County of the additional tax is to increase the 13 County's outlay by an amount equivalent to ten percent (10%) of aggregate monthly retiree 14 premium, the County's contribution shall be reduced to forty percent (40%) % of premium so 15 that net County costs will remain unchanged.)

Appears in 2 contracts

Samples: Agreement, www.afscmelocal88.org

State and Federal Tax Offset. 9 27 In the event County medical insurance premium payments on behalf of 10 28 retirees or their dependents are made subject to state or federal taxation, any additional 11 29 costs to the County shall be directly offset against such payments required under this 12 30 section. (For example, if the effect on the County of the additional tax is to increase the 13 31 County's outlay by an amount equivalent to ten percent (10%) of aggregate monthly retiree 14 32 premium, the County's contribution shall be reduced to forty percent (40%) of premium so 15 33 that net County costs will remain unchanged.)) 72

Appears in 2 contracts

Samples: Agreement, Agreement

State and Federal Tax Offset. 9 10 In the event County medical insurance premium payments on behalf of 10 11 retirees or their dependents are made subject to state or federal taxation, any additional 11 12 costs to the County shall be directly offset against such payments required under this 12 13 section. (For example, if the effect on the County of the additional tax is to increase the 13 14 County's outlay by an amount equivalent to ten percent (10%) of aggregate monthly 15 retiree 14 premium, the County's contribution shall be reduced to forty percent (40%) of 16 premium so 15 that net County costs will remain unchanged.)) 1 ARTICLE 13

Appears in 1 contract

Samples: Agreement

State and Federal Tax Offset. 9 27 In the event County medical insurance premium payments on behalf of 10 28 retirees or their dependents are made subject to state or federal taxation, any additional 11 29 costs to the County shall be directly offset against such payments required under this 12 30 section. (For example, if the effect on the County of the additional tax is to increase the 13 31 County's outlay by an amount equivalent to ten percent (10%) of aggregate monthly retiree 14 32 premium, the County's contribution shall be reduced to forty percent (40%) of premium so 15 33 that net County costs will remain unchanged.)) ARTICLE 16, PENSIONS

Appears in 1 contract

Samples: Agreement

AutoNDA by SimpleDocs

State and Federal Tax Offset. 9 14 In the event County medical insurance premium payments on behalf of 10 15 retirees or their dependents are made subject to state or federal taxation, any additional 11 16 costs to the County shall be directly offset against such payments required under this 12 17 section. (For example, if the effect on the County of the additional tax is to increase the 13 18 County's outlay by an amount equivalent to ten percent (10%) of aggregate monthly 19 retiree 14 premium, the County's contribution shall be reduced to forty percent (40%) of 20 premium so 15 that net County costs will remain unchanged.)

Appears in 1 contract

Samples: Agreement

State and Federal Tax Offset. 9 β€Œ In the event County medical insurance premium payments on behalf of 10 retirees or their dependents are made subject to state or federal taxation, any additional 11 costs to the County shall be directly offset against such payments required under this 12 section. (For example, if the effect on the County of the additional tax is to increase the 13 County's outlay by an amount equivalent to ten percent (10%) of aggregate monthly retiree 14 premium, the County's contribution shall be reduced to forty percent (40%) of premium so 15 that net County costs will remain unchanged.)

Appears in 1 contract

Samples: Multnomah County Employees

State and Federal Tax Offset. 9 11 In the event County medical insurance premium payments on behalf of 10 12 retirees or their dependents are made subject to state or federal taxation, any additional 11 13 costs to the County shall be directly offset against such payments required under this 12 14 section. (For example, if the effect on the County of the additional tax is to increase the 13 15 County's outlay by an amount equivalent to ten percent (10%) of aggregate monthly 16 retiree 14 premium, the County's contribution shall be reduced to forty percent (40%) of 17 premium so 15 that net County costs will remain unchanged.)) 1 ARTICLE 13

Appears in 1 contract

Samples: Agreement

State and Federal Tax Offset. 9 In the event County medical insurance premium payments on 6 behalf of 10 retirees or their dependents are made subject to state or federal taxation, any additional 11 costs to the 7 County shall be directly offset against such payments required under this 12 section. (For example, if the effect on 8 the County of the additional tax is to increase the 13 County's outlay by an amount equivalent to ten percent (10%) 9 of aggregate monthly retiree 14 premium, the County's contribution shall be reduced to forty percent (40%) % of premium so 15 that net 10 County costs will remain unchanged.)) 11

Appears in 1 contract

Samples: Agreement

State and Federal Tax Offset. 9 19 In the event County medical insurance premium payments on behalf of 10 20 retirees or their dependents are made subject to state or federal taxation, any 21 additional 11 costs to the County shall be directly offset against such payments required 22 under this 12 section. (For example, if the effect on the County of the additional tax is to 23 increase the 13 County's outlay by an amount equivalent to ten percent (10%) of 24 aggregate monthly retiree 14 premium, the County's contribution shall be reduced to forty 25 percent (40%) of premium so 15 that net County costs will remain unchanged.)

Appears in 1 contract

Samples: Multnomah County Employees

Time is Money Join Law Insider Premium to draft better contracts faster.