Common use of Family allowance Clause in Contracts

Family allowance. The bank pays employees a family allowance, the amount of which is de- termined by the social partners. Family allowance may be claimed by em- ployees who are in receipt of child allowance or education allowance under cantonal law and Art. 28 of this Agreement on Conditions of Employment for Bank Employees for children born after 1 January 1993. Family allowance is paid only as long as child allowance is drawn. Should an employee receive only a reduced child allowance, the family allow- ance is reduced accordingly. Part-time employees receive family allowance in proportion to their percent- age contractual hours.

Family allowance. The bank pays employees a family allowance, the amount of which is de- termined determined by the social partners. Family allowance may be claimed by em- ployees employees who are in receipt of child allowance xx- xxxxxxx or education allowance under cantonal law and Art. 28 of this Agreement on Conditions of Employment for Bank Employees for children born after 1 January 1993. Family allowance xx- xxxxxxx is paid only as long as child allowance is drawn. Should an employee receive only a reduced child allowance, the family allow- ance allowance is reduced accordingly. Part-time employees receive family allowance in proportion to their percent- age percentage contractual hours.