Common use of Additional Donations Clause in Contracts

Additional Donations. Additional donations will be assessed of each participant if the number of hours in the bank fall below 1,500 hours. Such assessments shall be made in writing and approved by the employee to continue current participation in the bank. Employees who are drawing from the bank at the time of the assessment will not be required to contribute in order to remain eligible to receive benefits from the bank.

Appears in 4 contracts

Samples: Certificated Bargaining Agreement, Certificated Bargaining Agreement, Certificated Bargaining Agreement

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Additional Donations. Additional donations will be assessed of each participant if the number of hours in the bank fall below 1,500 (1500 hours). Such assessments shall be made in writing and approved by the employee unit member to continue current participation in the bank. Employees Unit members who are drawing from the bank at the time of the assessment will not be required to contribute in order to remain eligible to receive benefits from the bank.

Appears in 1 contract

Samples: 2010 2013 Agreement

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