Common use of CREDIT UNION DEDUCTION Clause in Contracts

CREDIT UNION DEDUCTION. The Commonwealth agrees to deduct from the regular salary payments (not a draw) of employees an amount of money, upon receipt of the employee's written authorization for the deduction for the purchase of shares in, making deposits to, or repaying a loan to a credit union organized under appropriate provisions of the Massachusetts General Laws. Any written authorization may be withdrawn by the employee by submitting a written notice of withdrawal to the Commonwealth and the treasurer of the credit union thirty (30) days in advance of the desired cessation of payroll deduction.

Appears in 24 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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CREDIT UNION DEDUCTION. The Commonwealth agrees to deduct from the regular salary payments (not a draw) of employees an amount of money, upon receipt of the employee's written authorization for the deduction for the purchase purpose of shares in, making deposits to, or repaying a loan to a credit union organized under appropriate provisions of the Massachusetts General Lawslaw by MOSES. Any written authorization may be withdrawn by the employee by submitting a written notice of withdrawal to the Commonwealth and the treasurer of the credit union thirty (30) days in advance of the desired cessation of payroll deduction.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

CREDIT UNION DEDUCTION. The Commonwealth agrees to deduct from the regular salary payments (not a draw) of employees an amount of money, upon receipt of the employee's written authorization for the deduction for the purchase purpose of shares in, making deposits to, or repaying a loan to a credit union organized under appropriate provisions of the Massachusetts General Lawslaw by MOSES. Any written authorization may be withdrawn by the employee by submitting a written notice of withdrawal to the Commonwealth and the treasurer of the credit union thirty (30) days in advance of the desired cessation of payroll deduction.

Appears in 1 contract

Samples: Collective Bargaining Agreement

CREDIT UNION DEDUCTION. The Commonwealth agrees to deduct from the regular salary payments (not a draw) of employees an amount of money, upon receipt of the employee's written authorization for the deduction for the purchase purpose of shares in, making deposits to, or repaying a loan to a credit union organized under appropriate provisions of the Massachusetts General Lawslaw by XXXXX. Any written authorization may be withdrawn by the employee by submitting a written notice of withdrawal to the Commonwealth and the treasurer of the credit union thirty (30) days in advance of the desired cessation of payroll deduction.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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CREDIT UNION DEDUCTION. The Commonwealth agrees to deduct from the regular salary payments (not a draw) of employees an amount of money, upon receipt of the employee's written authorization for the deduction for the purchase purpose of shares in, making deposits to, or repaying a loan to a credit union organized under appropriate provisions of the Massachusetts General Lawslaw by XXXXX. Any written authorization may be withdrawn by the employee by submitting a written notice of withdrawal to the Commonwealth and the treasurer of the credit union thirty (30) days in advance of the desired cessation of payroll deduction.

Appears in 1 contract

Samples: Supplemental Agreement

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