EMPLOYEE CONTRIBUTION AMOUNT Sample Clauses

EMPLOYEE CONTRIBUTION AMOUNT. The Association requested and the City agreed that the City shall withhold a mandatory contribution of $50 per pay period, on a pre-tax basis, from the pay of each Safety Employee, twice each month, and shall transfer such contributions to the Trust. No Safety Employee shall be permitted to opt-out of the mandatory contributions or receive any portion of the mandatory contribution in cash.
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EMPLOYEE CONTRIBUTION AMOUNT. The City and the NCFO agree that beginning January 7, 2023 the City shall withhold a mandatory contribution of $400.00 per month (to be deducted over 24 pay periods) on a pre-tax basis from the pay of every employee in the Defined Class who is a member of the bargaining unit represented by the NCFO and shall transmit such contributions to the Trust pursuant to the requirements in Section 13.9.6
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EMPLOYEE CONTRIBUTION AMOUNT. The City and the Union agree that the City shall withhold a mandatory contribution amount equivalent to one percent (1%) of the monthly base pay of Step E Captain (fifty-six (56) Hour) per month (i.e., one- hundred thirty-nine dollars twelve cents ($139.12) for FY2023), plus an additional contribution based on years of service in accordance with Table C-1 below on a pre-tax basis from the pay of every employee in the Defined Class and shall transmit such contributions to the Trust pursuant to the requirements in Part G below. Years of service shall be inclusive of enrollment in CalPERS, United States Forestry Service, United States Military Service, CERL-1937 Act, and/or other municipal pension system. No Employee in the Defined Class shall be permitted to opt-out of the mandatory contributions or receive any portion of the contribution in cash. Employee contributions will be made on a bi-weekly per pay period basis in the amount of sixty-four dollars twenty-one cents ($64.21)*, plus an additional contribution based on years of service. The Union has determined that the contributions to the plan shall be per pay period as follows: Table C-1. Years of Service Biweekly Employee Contribution (1% of Step E Captain*) Additional Biweekly Employee Contribution Total Biweekly Employee Contribution* Total Monthly Employee Contribution* 0-10 $64.21 - $64.21 $139.12 11-20 $64.21 $25.00 $89.21 $193.29 21-22 $64.21 $50.00 $114.21 $247.45 23-24 $64.21 $75.00 $139.21 $301.62 25-26 $64.21 $100.00 $164.21 $355.79 27-28 $64.21 $125.00 $189.21 $409.96 29+ $64.21 $150.00 $214.21 $464.12
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EMPLOYEE CONTRIBUTION AMOUNT. The City and the Association agree that the City shall withhold a mandatory contribution of $300.00 per month [or $138.46 per pay period] on a pre-tax basis from the pay of every employee in the Defined Class who is a member of the bargaining unit represented by the Association and shall transmit such contributions to the Trust pursuant to the requirements in Section 8 below. No employee in the Defined Class shall be permitted to opt-out of the mandatory contributions or receive any portion of the contribution in cash.
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EMPLOYEE CONTRIBUTION AMOUNT. The City and the Union agree that effective no later than the first full pay period of July 2024, the City shall withhold a mandatory contribution set forth in Table 30.1.2.4 below on a pre-tax basis from the pay of each active Employee in the Defined Class until their separation from City service, and transfer contributions to the Trust in accordance with Section 30.1.3 below. This Employee Contribution amount shall be withheld either per pay period or monthly, at City’s administrative discretion. No employee in the Defined Class shall be permitted to opt-out of the mandatory employee contribution or receive any portion of the contribution in cash.
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EMPLOYEE CONTRIBUTION AMOUNT. The City of Oceanside (hereafter, the “City”) and the Oceanside Firefighters Association agree that the City shall withhold a mandatory contribution of $25.00 per pay period on a pre-tax basis from the pay of every employee who is a member of the Oceanside Firefighters Association bargaining unit, and is in a paid status for any portion of the current pay period. Said contributions shall be transmitted to the Trust pursuant to the requirements specified under Article 6, section 6.03.04 below.
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Related to EMPLOYEE CONTRIBUTION AMOUNT

  • Employee Contributions Any member of the bargaining unit who is hired on or after September 1, 2010 is eligible to make a voluntary contribution to the City=s Deferred Compensation Plan offered by Ameritas.

  • Employee Contribution Eligible employees shall contribute one percent (1%) of their salary on a per pay period basis to the HCSP.

  • Contribution Amounts The Company, the Selling Shareholders and the Underwriters agree that it would not be just or equitable if contribution pursuant to this Section 8 were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in Section 8.6. The amount paid or payable by an indemnified party as a result of the losses, claims, damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 8, no Underwriter shall be required to contribute any amount in excess of the amount by which the total price at which the Shares underwritten by it and distributed to the public were offered to the public exceeds the amount of any damages that such Underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The remedies provided for in this Section 8 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any indemnified party at law or in equity.