Common use of EMPLOYEE CONTRIBUTION AMOUNT Clause in Contracts

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.

Appears in 3 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding