Examples of Employee Contribution in a sentence
In the event, there is no increase to the Premium Cost, the Employee will pay last year’s Employee Contribution.
In calendar year 2020, Employees will pay towards the cost of the dependent care Premium Cost the 2019 Employee Contribution, plus thirty five percent (35%) of the increase to the new 2020 Premium Cost, which will yield a new 2020 Employee Contribution amount.
In calendar year 2017, Employees will pay towards the cost of the dependent care Premium Cost the Employee Contribution amount as set forth below under the heading “2017 Employee Contribution”.
In calendar year 2021, Employees will pay towards the cost of the dependent care Premium Cost the 2020 Employee Contribution, plus thirty five percent (35%) of the increase to the new 2021 Premium Cost, which will yield a new 2021 Employee Contribution amount.
Minimum Employee Contribution City’s Match (Up To) March 27, 2016 4% 7% July 1, 2016 5% 8% July 1, 2017 6% 9% Each May, employees will have the opportunity to change their contribution to the 457 plan thus effecting the City’s matching contribution to the 401 Money Purchase Plan.