CONTRIBUTIONS TO RETIREMENT TRUST Sample Clauses

CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be the hourly contribution rate established by the State of Washington pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the Agreement, the parties shall re-open the Agreement solely for the purpose of renegotiating this Section 17.5.
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CONTRIBUTIONS TO RETIREMENT TRUST. ‌ The hourly contribution rate to the Retirement Trust shall be the hourly contribution rate established by the State of Washington, pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the Agreement, the parties shall re-open the Agreement solely for the purpose of renegotiating this Section 23.2. Effective July 1, 2019, the Employer shall contribute the Retirement Rate or sixty-five cents ($0.65), whichever is higher, to the Retirement Trust for each hour worked by all home care workers covered by this Agreement with seven-hundred and one (701) or more cumulative career hours and fifty cents ($0.50) for each hour worked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Effective July 1, 2020, the Employer shall contribute the Retirement Rate or eighty cents ($0.80), whichever is higher, to the Retirement Trust for each hour worked by all home care workers covered by this Agreement with seven-hundred and one (701) or more cumulative career hours and fifty cents ($0.50) for each hour worked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Hour(s) worked shall be defined as all compensable hours worked by all employees covered by this Agreement in the Employer's in-home care program, excluding vacation hours, paid-time off hours, and training hours. The Employer agrees that all funds received by the Employer for retirement benefits will be provided to the Retirement Trust. Contributions required by this Section 23.2 shall be paid periodically as required by the Trust.
CONTRIBUTIONS TO RETIREMENT TRUST. The Employer’s hourly contribution rate to the Retirement Trust shall be the hourly contribution rate established by the state of Washington pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the agreement, the parties shall re-open the agreement solely for the purpose of renegotiating this section 28.2.
CONTRIBUTIONS TO RETIREMENT TRUST. Effective July 1, 2019, the Employer shall contribute to the Secure Retirement Trust: (i) sixty-five cents ($0.65) per department-paid hour worked by all home care workers covered by this Agreement with seven-hundred one (701) or more cumulative career hours and (ii) fifty cents ($0.50) per department paid hour worked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Effective July 1, 2020, the Employer shall contribute to the Secure Retirement Trust; (i) eighty cents ($0.80) per department-paid hour worked by all home care workers covered by the Agreement with seven-hundred one (701) or more cumulative career hours and (ii) fifty cents ($0.50) per department-paid hour worked by all home care workers with less than seven-hundred one (701) cumulative career hours. Department-paid hours shall not include administrative time in Section 8.5, consumer participation hours, training hours or paid time off.
CONTRIBUTIONS TO RETIREMENT TRUST. Effective July 1, 2021, the Employer shall contribute to the Secure Retirement Trust: (i) eighty cents ($0.80) per department-paid hour worked by all home care workers covered by this Agreement with seven-hundred one (701) or more cumulative career hours and (ii) fifty cents ($0.50) per department paid hour worked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Department-paid hours shall not include administrative time in Section 8.5, consumer participation hours, training hours or paid time off. Effective with the transition of employment of any provider to the Consumer Directed Employer, contributions shall be paid on consumer participation hours for any provider employed by the Consumer Directed Employer.
CONTRIBUTIONS TO RETIREMENT TRUST. Effective July 1, 2017, the Employer shall contribute twenty-five cents ($0.25) per department paid hour worked by all home care workers covered by this Agreement. Effective July 1, 2018, the Employer shall contribute fifty cents ($0.50) per department paid hour worked by all home care workers covered by the Agreement. Department-paid hours shall not include administrative time in Section 8.5, consumer participation hours, training hours or paid time off.
CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be twenty-five cents ($0.25) or the hourly contribution rate established by the State of Washington, pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the Agreement, the parties shall re-open the Agreement solely for the purpose of renegotiating this Section 23.2. Effective July 1, 2017, the Employer shall contribute the Retirement Rate or twenty-five cents ($0.25), whichever is higher, to the Retirement Trust for each hour worked. Effective July 1, 2018, the Employer shall contribute the Retirement Rate or fifty cents ($0.50), whichever is higher, to the Retirement Trust for each hour worked Hour(s) worked shall be defined as all hours worked by all employees covered by this Agreement in the Employer's in-home care program, excluding vacation hours, paid-time off hours, and training hours. The Employer agrees that all funds received by the Employer for retirement benefits will be provided to the Retirement Trust. Contributions required by this Section 23.2 shall be paid periodically as required by the Trust.
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CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be the hourly contribution rate, established by the State of Washington pursuant to the Individual Provider Collective Bargaining Agreement in effect at the time the hours are worked. (Hereinafter the “Retirement Rate”). If the Retirement Rate is reduced during the life of the Agreement, the parties shall re-open the Agreement solely for the purpose of renegotiating this Section 21.2. Effective July 1, 2017, the Employer shall contribute the Retirement Rate or twenty-five cents ($0.25), whichever is higher, to the Retirement Trust for each hour worked. Effective July1, 2018, the Employer shall contribute the Retirement Rate or fifty cents ($0.50), whichever is higher, to the Retirement Trust for each hour worked. Hour(s) worked shall be defined as all hours worked by all employees covered by this Agreement in the Employer's in-home care program, excluding vacation hours, paid-time off hours, and training hours. The Employer agrees that all funds received by the Employer for retirement benefits will be provided to the Retirement Trust. One Live-In paid shift shall count as eight (8) Non-Medicaid-Funded Hours for the purposes of contributions to the Retirement Trust. Each paid visit based service shall count as two (2) hours for the purposes of contributions to the Retirement Trust. Contributions required by this Section 21.2 shall be paid periodically as required by the Trust.
CONTRIBUTIONS TO RETIREMENT TRUST. Effective July 1, 20192021, the Employer shall contribute to the Secure Retirement Trust: (i) sixty-fiveeighty cents ($0.6580) per department-paid hour worked by all home care workers covered by this Agreement with seven-hundred one (701) or more cumulative career hours and (ii) fifty cents ($0.50) per department paid hour worked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Effective July 1, 2020, the Employer shall contribute to the Secure Retirement Trust; (i) eighty cents ($0.80) per department-paid hour worked by all home care workers covered by the Agreement with seven-hundred one (701) or more cumulative career hours and (ii) fifty cents ($0.50) per department-paid hour worked by all home care workers with less than seven-hundred one (701) cumulative career hours. Department-paid hours shall not include administrative time in Section 8.5, consumer participation hours, training hours or paid time off. Effective with the transition of employment of any provider to the Consumer Directed Employer, contributions shall be paid on consumer participation hours for any provider employed by the Consumer Directed Employer.
CONTRIBUTIONS TO RETIREMENT TRUST. Effective July 1, 2023, the Employer shall contribute to the Secure Retirement Trust: (i) one dollar ($1.00) per Employer-paid hour worked by all home care workers covered by the Agreement with six thousand one (6,001) or more cumulative career hours, (ii) eighty cents ($0.80) per Employer-paid hour worked by all home care workers covered by this Agreement with seven-hundred one (701) up to but not including six thousand and one (6,001) cumulative career hours and (iii) fifty cents ($0.50) per Employer-paid hour worked by all home care workers covered by this Agreement with less than seven-hundred one (701) cumulative career hours. Effective July 1, 2024, the Employer shall contribute to the Secure Retirement Trust; (i) one dollar and twenty cents ($1.20) per Employer-paid hour worked by all home care workers covered by the Agreement with six thousand one (6,001) or more cumulative career hours (ii) eighty cents ($.80) per Employer-paid hour worked by all home care workers covered by the Agreement with seven-hundred one (701) up to but not including six thousand and one (6,001) cumulative career hours and (iii) fifty cents ($0.50) per Employer-paid hour worked by all home care workers with less than seven-hundred one (701) cumulative career hours. Employer-paid hours shall not include administrative time in Section 8.5, training hours or paid time off. The parties request that to the extent permissible by XXXXX, the Board of Trustees review and implement an emergency savings program as a voluntary feature of the Secure Retirement Plan.
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