Common use of CONTRIBUTIONS TO RETIREMENT TRUST Clause in Contracts

CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be twenty-three cents ($0.23) or the hourly contribution rate established by the State of Washington, whichever is higher, SEIU 775/First Choice CBA 2016-2017 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.

CONTRIBUTIONS TO RETIREMENT TRUST. The hourly contribution rate to the Retirement Trust shall be twenty-three thirty cents ($0.23) 0.30), or the hourly contribution rate rate, whichever is higher, established by the State of Washington, whichever is higher, SEIU 775/First Choice CBA 2016-2017 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 23.221.2.