Common use of Excess Contribution Clause in Contracts

Excess Contribution. If the unit employee does not use the full City monthly contribution for vision insurance coverage, the remaining contribution amount will not be paid to the unit employee as taxable cash.

Appears in 1 contract

Sources: Memorandum of Understanding

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

Appears in 1 contract

Sources: Memorandum of Understanding