Common use of UUP Benefit Trust Fund Clause in Contracts

UUP Benefit Trust Fund. The State and UUP agree that they shall hereinafter enter into a contract to provide for the contin- uation of the UUP Benefit Trust Fund, in accordance with such terms as shall be jointly agreed upon by the parties and subject to the approval of the Comptroller, to be administered by UUP to provide certain health and welfare benefits for “employees” to be defined hereinafter. Quarterly payments to the UUP Benefit Trust Fund shall not include payments for prescription drug coverage for eligible UUP-represented employees. Prescription drug coverage for eligible UUP-represented employees will be provided through either the Empire Plan Prescription Drug Program or a Health Maintenance Organization. §40.2 The State shall contribute an amount to the UUP Benefit Trust Fund that shall equal the maximum payment per eligible employee as described below: • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $275 per employee per quar- ter for the period beginning July 1, 2016 and ending June 30, 2018. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $285 per employee per quar- ter for the year beginning July 1, 2018 and ending June 30, 2019. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $296 per employee per quar- ter for the year beginning July 1, 2019 and ending June 30, 2020. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $308 per employee per quar- ter for the year beginning July 1, 2020 and ending June 30, 2021. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $314.25 per employee per quarter for the year beginning July 1, 2021 and thereafter. Payments shall be deposited as soon as practicable after the first day of each quarter. §40.3 For the purpose of determining the amount to be deposited in accordance with Section 40.2 above, the number of employees shall be determined to be the number of employees on the payroll on the payroll date closest to 21 days before the first day of the quarter for which the deposit is to be made. In the case of persons in positions which are on an appointment cycle which does not place them on the payroll at such times, the number of such additional employees shall be determined using the payroll date closest to the following: November 15 for the October 1 to December 31 quarter.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

AutoNDA by SimpleDocs

UUP Benefit Trust Fund. §40.1 The State and UUP agree that they shall hereinafter enter into a contract to provide for the contin- uation continuation of the UUP Benefit Trust Fund, in accordance with such terms as shall be jointly agreed upon by the parties and subject to the approval of the Comptroller, to be administered by UUP to provide certain health and welfare benefits for “employees” to be defined hereinafter. Quarterly payments to the UUP Benefit Trust Fund shall not include payments for prescription drug coverage for eligible UUP-represented employees. Prescription drug coverage for eligible UUP-represented employees will be provided through either the Empire Plan Prescription Drug Program or a Health Maintenance Organization. §40.2 The State shall contribute an amount to the UUP Benefit Trust Fund that shall equal the maximum payment per eligible employee as described below: • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $275 314.25 per employee per quar- ter quarter for the period beginning July 1, 2016 2022 and ending June 30, 20182023. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $285 317 per employee per quar- ter quarter for the year beginning July 1, 2018 2023 and ending June 30, 20192024. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $296 327 per employee per quar- ter quarter for the year beginning July 1, 2019 2024 and ending June 30, 20202025. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $308 per employee per quar- ter for the year beginning July 1, 2020 and ending June 30, 2021. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $314.25 337 per employee per quarter for the year beginning July 1, 2021 2025 and continuing thereafter. Payments shall be deposited as soon as practicable after the first day of each quarter. §40.3 For the purpose of determining the amount to be deposited in accordance with Section 40.2 above, the number of employees shall be determined to be the number of employees on the payroll on the payroll date closest to 21 twenty-one (21) days before the first day of the quarter for which the deposit is to be made. In the case of persons in positions which are on an appointment cycle which does not place them on the payroll at such times, the number of such additional employees shall be determined using the payroll date closest to the following: November 15 for the October 1 to December 31 quarter. §40.4 For the purpose of determining the amount to be deposited in accordance with Section 40.2 above, the number of employees shall be determined to be the number of employees on the payroll on the payroll date closest to twenty-one (21) days before the first day of the quarter for which the deposit is to be made. In the case of persons in positions which are on an appointment cycle which does not place them on the payroll at such times, the number of such additional employees shall be determined using the payroll date closest to the following: November 15 for the October 1 to December 31 quarter.

Appears in 1 contract

Samples: Collective Bargaining Agreement

UUP Benefit Trust Fund. The State and UUP agree that they shall hereinafter enter into a contract to provide for the contin- uation of the UUP Benefit Benefit Trust Fund, in accordance with such terms as shall be jointly agreed upon by the parties and subject to the approval of the Comptroller, to be administered by UUP to provide certain health and welfare benefits benefits for “employees” to be defined defined hereinafter. Quarterly payments to the UUP Benefit Benefit Trust Fund shall not include payments for prescription drug coverage for eligible UUP-represented employees. Prescription drug coverage for eligible UUP-represented employees will be provided through either the Empire Plan Prescription Drug Program or a Health Maintenance Organization. §40.2 The State shall contribute an amount to the UUP Benefit Benefit Trust Fund that shall equal the maximum payment per eligible employee as described below: • The State shall deposit in the UUP Benefit Benefit Trust Fund an amount equal to $275 per employee per quar- ter for the period beginning July 1, 2016 and ending June 30, 2018. • The State shall deposit in the UUP Benefit Benefit Trust Fund an amount equal to $285 per employee per quar- ter for the year beginning July 1, 2018 and ending June 30, 2019. • The State shall deposit in the UUP Benefit Benefit Trust Fund an amount equal to $296 per employee per quar- ter for the year beginning July 1, 2019 and ending June 30, 2020. • The State shall deposit in the UUP Benefit Benefit Trust Fund an amount equal to $308 per employee per quar- ter for the year beginning July 1, 2020 and ending June 30, 2021. • The State shall deposit in the UUP Benefit Benefit Trust Fund an amount equal to $314.25 per employee per quarter for the year beginning July 1, 2021 and thereafter. Payments shall be deposited as soon as practicable after the first first day of each quarter. §40.3 For the purpose of determining the amount to be deposited in accordance with Section 40.2 above, the number of employees shall be determined to be the number of employees on the payroll on the payroll date closest to 21 days before the first day of the quarter for which the deposit is to be made. In the case of persons in positions which are on an appointment cycle which does not place them on the payroll at such times, the number of such additional employees shall be determined using the payroll date closest to the following: November 15 for the October 1 to December 31 quarter.

Appears in 1 contract

Samples: Collective Bargaining Agreement

UUP Benefit Trust Fund. §40.1 The State and UUP agree that they shall hereinafter enter into a contract to provide for the contin- uation continuation of the UUP Benefit Trust Fund, in accordance with such terms as shall be jointly joint- ly agreed upon by the parties and subject to the approval of the Comptroller, to be administered by UUP to provide certain health and welfare benefits for “employees” to be defined hereinafter. Quarterly payments to the UUP Benefit Trust Fund shall not include payments for prescription drug coverage for eligible UUP-represented employees. Prescription drug coverage for eligible UUP-represented employees will be provided through either the Empire Plan Prescription Drug Program or a Health Maintenance Organization. §40.2 The State shall contribute an amount to the UUP Benefit Trust Fund that shall equal the maximum payment per eligible employee as described below: • . The State shall deposit in the UUP Benefit Trust Fund an amount equal to $275 262.50 per employee per quar- ter quarter for the period beginning July 1, 2016 and ending 2011, to June 30, 20182014. The State shall deposit in the UUP Benefit Trust Fund an amount equal to $285 275 per employee per quar- ter for each quarter of the year beginning July 1, 2018 2014, and ending June 30, 20192015. The State shall deposit in the UUP Benefit Trust Fund an amount equal to $296 287.50 per employee per for each quar- ter for of the year beginning July 1, 2019 and ending June 302015, 2020. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $308 per employee per quar- ter for the year beginning July 1, 2020 and ending June 30, 2021. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $314.25 per employee per quarter for the year beginning July 1, 2021 and thereafter. Payments shall be deposited as soon as practicable after the first day of each quarter. §40.3 For the purpose of determining the amount to be deposited in accordance with Section 40.2 above, the number of employees shall be determined to be the number of employees on the payroll on the payroll date closest to 21 days before the first day of the quarter for which the deposit is to be made. In the case of persons in positions which are on an appointment cycle which does not place them on the payroll at such times, the number of such additional employees shall be determined using the payroll date closest to the following: November 15 for the October 1 to December 31 quarter.

Appears in 1 contract

Samples: Collective Bargaining Agreement

AutoNDA by SimpleDocs

UUP Benefit Trust Fund. §40.1 The State and UUP agree that they shall hereinafter enter into a contract to provide for the contin- uation continuation of the UUP Benefit Trust Fund, in accordance with such terms as shall be jointly agreed upon by the parties and subject to the approval of the Comptroller, to be administered by UUP to provide certain health and welfare benefits for “employees” to be defined hereinafter. Quarterly payments to the UUP Benefit Trust Fund shall not include payments for prescription drug coverage for eligible UUP-represented employees. Prescription drug coverage for eligible UUP-represented employees will be provided through either the Empire Plan Prescription Drug Program or a Health Maintenance Organization. §40.2 The State shall contribute an amount to the UUP Benefit Trust Fund that shall equal the maximum payment per eligible employee as described below: . The State shall deposit in the UUP Benefit Trust Fund an amount equal to $250.00 per employee per quarter for the period July 1, 2011, to June 30, 2014. The State shall deposit in the UUP Benefit Trust Fund $262.50 per employee for each quarter of the year beginning July 1, 2014, and ending June 30, 2015. The State shall deposit in the UUP Benefit Trust Fund $275.00 per employee for each quarter of the year beginning July 1, 2015, and thereafter. Payments shall be deposited as soon as practicable after the first day of each quarter. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $275 per employee per quar- ter quarter for the period beginning July 1, 2016 and ending June 30, 2018. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $285 per employee per quar- ter quarter for the year beginning July 1, 2018 and ending June 30, 2019. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $296 per employee per quar- ter quarter for the year beginning July 1, 2019 and ending June 30, 2020. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $308 per employee per quar- ter quarter for the year beginning July 1, 2020 and ending June 30, 2021therafter. • The State shall deposit in the UUP Benefit Trust Fund an amount equal to $314.25 per employee per quarter for the year beginning July 1, 2021 and thereafter. Payments shall be deposited as soon as practicable after the first day of each quarter. §40.3 For the purpose of determining the amount to be deposited in accordance with Section 40.2 above, the number of employees shall be determined to be the number of employees on the payroll on the payroll date closest to 21 days before the first day of the quarter for which the deposit is to be made. In the case of persons in positions which are on an appointment cycle which does not place them on the payroll at such times, the number of such additional employees shall be determined using the payroll date closest to the following: November 15 for the October 1 to December 31 quartertherafter.

Appears in 1 contract

Samples: Professional Services Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!