Common use of BENEFIT CONTRIBUTION Clause in Contracts

BENEFIT CONTRIBUTION. Upon like authorization from any employee, the commission shall deduct from his/her salary, upon the death of any employee, the sum of Two Dollars ($2.00) and, upon retirement or termination of employment of any employee with more than five (5) years but less than ten (10) years of *service the sum of One Dollar ($1.00) and of an employee with more than ten (10) years of *service, the sum of Two Dollars ($2.00) which, in case of death, shall be immediately paid to the deceased employee's previously designated beneficiary and, in the absence of such designation, to the representative of his/her estate. In other cases, same shall be paid to the employee. The provisions of this paragraph shall apply to all participating employees. *The word "service" as used in this Agreement, unless the context otherwise requires, shall be construed to mean continuous employment by the Commission.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement