Common use of Regular Contributions Clause in Contracts

Regular Contributions. NEW AND OPT-OUT EMPLOYEES. Employees who are hired after November 25, 2009 shall be entitled to retiree medical coverage by means of their participation in the RHSP. For each such new employee and opt-out employee, the City shall contribute on or about the first payroll date in January (“the contribution date”) during each year of this Agreement, or upon the successful conclusion of an employee’s probationary period, if later, $1,000 plus .25 percent (one-quarter of one percent) of annual salary as of the contribution date.

Regular Contributions. NEW AND OPT-OUT EMPLOYEES. Employees who are hired after November 25, 2009 2009, shall be entitled to retiree medical coverage by means of their participation in the RHSP. For each such new employee and opt-out employee, the City shall contribute on or about the first payroll date in January (“"the contribution date”") during each year of this Agreement, or upon the successful conclusion of an employee’s 's probationary period, if later, $1,000 plus .25 percent (one-quarter of one ofone percent) of annual salary as of the contribution date.

Regular Contributions. NEW AND OPT-OUT EMPLOYEES. Employees who are hired after November 25, 2009 2009, shall be entitled to retiree medical coverage by means of their participation in the RHSP. For each such new employee and opt-out employee, the City shall contribute on or about the first payroll date in January (“the contribution date”) during each year of this Agreement, or upon the successful conclusion of an employee’s probationary period, if later, $1,000 plus .25 percent (one-quarter of one percent) of annual salary as of the contribution date.