Common use of UPP Contributions Clause in Contracts

UPP Contributions. 17.2.1 UPP Retirement Plan for employees employed in the bargaining unit as of June 30, 2017. For bargaining unit employees employed as of June 30, 2017, the Employer shall continue current contributions, including “pick up” of a six percent (6%) employee retirement plan contribution for eligible employees participating in the UPP. Such “pick-up” or payment of the employee contributions shall continue for the life of this Agreement. Bargaining unit employees who become members of the bargaining unit after June 30, 2017 and who elect to participate in the UPP pursuant to Section 17.1 above shall participate in the UPP in accordance with the terms of that retirement plan and this Agreement.

Appears in 4 contracts

Samples: Ohsu Final Offer, Agreement, Agreement

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UPP Contributions. 17.2.1 UPP Retirement Plan for employees employed in the bargaining unit as of June 30, 2017. For bargaining unit employees employed as of June 30, 2017, the Employer shall continue current contributions, including “pick up” of a six percent (6%) employee retirement plan contribution for eligible employees participating in the UPP. Such “pick-up” or payment of the employee contributions shall continue for the life of this Agreement. Bargaining unit employees who become members of the bargaining unit after June 30, 2017 and who elect to participate in the UPP pursuant to Section 17.1 above shall participate in the UPP in accordance with the terms of that retirement plan and this Agreement.Agreement.‌

Appears in 1 contract

Samples: Agreement

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