The player’s contribution Sample Clauses

The player’s contribution to the pension insurance premium According to the law (inter alia section 14 § of the AAAPC), the employer obligated to take out insurance shall pay an insurance premium of four and a half percent (4,5 %) of a player’s salaries and bonuses during the season. Players shall pay a two percent (2 %) contribution of the pension insurance contribution for the season 2020-2021, a two percent (2 %) contribution for the season 2021-2022, a one percent (1 %) contribution for the season 2022-2023 and a zero percent (0 %) contribution, i.e. no longer anything, for the season 2023-2024. This contribution will be deducted from the player’s salary (for the season 2020-2021) up to a maximum of EUR 121,310.00. This maximum earning limit is adjusted each calendar year by the wage coefficient referred to in section 96 of the Employees Pensions Act (395/2006). The deduction will be paid for the entire season with an amount compliant with the wage coefficient of the calendar year that started the season. The employer, who is responsible for paying the insurance premium to the insurer, is entitled to deduct the player’s insurance premium share from the player’s salary and the employer is obligated to disburse the deduction to the insurer.
Sample 1
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Related to The player’s contribution

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • Employer Contributions 8.1 Rates at which the Employer shall contribute for each hour of work performed on behalf of each employee employed under the terms of this Agreement are contained in the Appendices attached to and forming part of this Agreement.

  • Partial Employer Contribution - Basic Eligibility The following employees covered by this Agreement receive the full Employer Contribution for basic life coverage, and at the employee's option, a partial Employer Contribution for health and dental coverages if they are scheduled to work at least fifty (50) percent but less than seventy-five (75) percent of the time. This means:

  • Full Employer Contribution - Basic Eligibility Employees covered by this Agreement who are scheduled to work at least seventy-five (75) percent of the time are eligible for the full Employer Contribution. This means:

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