Initial County Contribution Sample Clauses
The "Initial County Contribution" clause defines the amount of money or resources that the county is required to provide at the outset of an agreement or project. Typically, this clause specifies the exact sum, timing, and method of payment, and may outline any conditions or restrictions on how the contribution is to be used. By clearly establishing the county's upfront financial commitment, this clause ensures that all parties understand the initial funding structure and helps prevent disputes over payment obligations.
Initial County Contribution a. On the first pay date following completion of the eligibility requirements, regular full-time employees shall receive a lump sum contribution of $2,400 deposited into an HRA account established in their name. Thereafter, contributions will be made each pay period based on the actual hours worked during that pay period.
b. The lump sum contribution amount for regular part-time employees shall be pro-rated based on their allocated position only (e.g., a regular employee in a 0.5 full-time equivalent allocated position will receive a lump sum contribution of $1,200 deposited into their HRA account).
Initial County Contribution a. On the first pay date following completion of the eligibility requirements outlined in Article 6.3.A, above, regular full-time employees shall receive a lump sum contribution of $2,400 deposited into the DSA-RMT account established in their name. Thereafter, contributions will be made each pay period based on pay status hours (no more than 80 hours biweekly), not including overtime, per pay period.
b. The lump sum contribution amount for regular part- time employees shall be pro-rated based on their allocated position only (e.g., a regular employee in a 0.5 full-time equivalent allocated position will receive a lump sum contribution of $1,200 deposited into their DSA-RMT account).
c. Regular County Contribution: After the initial contribution (defined above) is made, the County shall contribute $0.58 per pay status hour (no more than 80 hours biweekly), not including overtime, for each eligible employee. For a full time employee, this equates to approximately $100 per month or $1,200 per year, after the initial eligibility period is met. The County will continue contributions called for in this subsection directly to the employees’ current HRA account until such time as the County has the ability to make the contributions directly to the DSA RMT, no later than November 30, 2018.