Common use of Contribution Requirements Clause in Contracts

Contribution Requirements. The employer must contribute a minimum of 50% of the cost of the Employees' medical premiums, and 100% of employee’s dental, vision, life or long term disability premiums (does not include cost of dependent coverage). Payroll deduction withholding is required to collect Employee contributions used to pay premium costs.

Appears in 6 contracts

Sources: Subscription Agreement, Subscription Agreement, Subscription Agreement