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.
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
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
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.
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.