Approved Deductions Clause Samples

The Approved Deductions clause defines which specific amounts an employer or contracting party is permitted to subtract from payments owed to another party, such as an employee or contractor. Typically, these deductions may include taxes, insurance premiums, or other agreed-upon withholdings, and are often itemized in the contract to ensure transparency. By clearly outlining allowable deductions, this clause helps prevent disputes over payment calculations and ensures both parties understand what reductions from gross amounts are legitimate.
Approved Deductions. Upon appropriate written request from the individual, the District shall deduct from the salary of any member and make appropriate remittance on the regularly scheduled pay day for the following approved deductions: Board member approved insurance program United Way SMART Program Tax-Sheltered Annuities Employee Flexible Compensation Account (Section 125) Citizen’s for Safe Schools OEA Foundation Any other deductions authorized by the District The District agrees that monies for tax-sheltered annuities and employee flexible compensation accounts will be disbursed within five (5) working days of the contractual payday.
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Approved Deductions. Upon receipt of individual written authorizations, the Board agrees to deduct from the salaries of employees the following approved monies: 1. Unified Association Dues (consistent with N.J.S.A. 52:14-15.9e) 2. Prudential Disability Insurance Premiums 3. MON-OC Savings Contributions
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Approved Deductions. Upon appropriate written request from the employee, the District shall deduct from the salary of any employee and make appropriate remittance for the following approved deductions monthly: • Fringe Benefits under Article 23 • United Way • Credit Union—all summer credit union payments will be made in a lump sum at the end of June
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Approved Deductions. Upon original written request from the member, the District shall deduct from the salary of any member and make appropriate remittance for the following approved deductions: banking institutions, insurance programs and tax sheltered annuities. To qualify as an approved program, at least ten (10) bargaining unit members must be participants in the specified insurance program.
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Approved Deductions. The Board agrees that payroll deductions from teachers' salaries may be made, as authorized by the individual teacher on appropriate forms for such deductions determined by the School District payroll office, to cover the payment of annuities, health insurance, dental insurance, P.E.R.A., life insurance, credit union, Interfaith and the United Fund.
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Related to Approved Deductions

  • Union Deductions All employees who are covered by the certification with the Union shall, as a condition of continuing employment, authorize a deduction from their pay cheques of the amount of the dues, levies and assessments payable to the Union by a member of the Union. The Employer shall provide a copy of the authorization form, which has been forwarded by the Union, to each new employee. Upon receipt of written notice from the Union, the Employer shall terminate the services of any employee who does not authorize the deduction as above. The Employer agrees to deduct the amount of the Union dues, levies and assessments payable to the Union by an employee in the Union’s bargaining unit. The Union shall inform the Employer in writing of the amount to be deducted from each employee. The Union shall advise the Employer in writing sixty (60) calendar days in advance of any change in the amount to be deducted. The Employer shall remit such dues, levies and assessments to the Union within twenty-eight (28) calendar days from the date of deduction, together with a written statement containing the names of the employees for whom the deductions were made and the amount of each deduction. The Employer shall supply each employee, without charge, a receipt for income tax purposes shown on the T4 slip in the amount of the deductions paid to the Union by the employee in the previous year. Such receipts shall be provided to the employee prior to March 1 of the succeeding year. Deductions for levies and assessments shall be a percentage of wages.

  • Permitted Deductions The Security Agent may, in its discretion: (a) set aside by way of reserve amounts required to meet, and to make and pay, any deductions and withholdings (on account of Taxes or otherwise) which it is or may be required by any applicable law to make from any distribution or payment made by it under this Agreement; and (b) pay all Taxes which may be assessed against it in respect of any of the Security Property, or as a consequence of performing its duties, or by virtue of its capacity as Security Agent under any of the Finance Documents or otherwise (other than in connection with its remuneration for performing its duties under this Agreement).

  • Union Dues Deductions It shall be a condition of employment for all Nurses in the Bargaining Unit, that dues be deducted from their bi-weekly salary in the amount determined by the Union. The deductions for newly employed Nurses shall be in the first pay period of employment. The dues shall be submitted monthly to the Union together with a list of the Nurses from whom the deductions were made.

  • Dues Deductions Dues deductions, once initiated, shall continue until the authorization is revoked in writing by the employee. For the administrative convenience of the City and the Union, an employee may only revoke a dues authorization by delivering the notice of revocation to the Controller during the two-week period prior to the expiration of this Agreement. The revocation notice shall be delivered to the Controller either in person at the Controller's office or by depositing it in the U.S. Mail addressed to the Payroll/Personnel Services Division, Office of the Controller, ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, Room 235, San Francisco, CA 94103-0948; Attention: Dues Deduction. The City shall deliver a copy of the notices of revocation of dues deductions authorizations to the Union within two (2) weeks of receipt.

  • Credit Union Deductions The Employer agrees to honor Credit Union deduction requests for members who have properly signed and executed the payroll deduction form. Such deduction shall remain in effect until the Employer is properly notified in writing by the employee of any change.