Common use of Excess Contribution Clause in Contracts

Excess Contribution. If the unit employee does not use the full City monthly contribution for dental insurance coverage, the remaining contribution amount will not be paid to the unit employee as taxable cash or contributed to a City deferred compensation plan.

Appears in 1 contract

Sources: Memorandum of Understanding

Excess Contribution. If the unit employee does not use the full City monthly contribution for dental insurance coverage, the remaining contribution amount will not be paid to the unit employee as taxable cash or contributed to a City deferred compensation plancash.

Appears in 1 contract

Sources: Memorandum of Understanding