Future increases in Benefit Cost or Hourly Benefit Amount Sample Clauses

Future increases in Benefit Cost or Hourly Benefit Amount. The parties agree that if the Allegheny County Controller establishes an Hourly Benefit Amount pursuant to the Prevailing Wage Ordinance that is insufficient to fund the benefits described above, this Rider shall re-open upon written notice from one party to the other. Otherwise, increases in the Hourly Benefit Amount shall be distributed as described above. In the event that the Fund determines that the hourly rates for health insurance set forth herein are insufficient to cover the monthly premiums set by the Trustees, the Trustees may increase the hourly rates for the succeeding year to the amount they deem necessary to support the health benefits. The hourly SRSP contribution rate shall be reduced by the same amount as any such increase so that the Hourly Benefit Amount will remain the same.
Sample 1
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Future increases in Benefit Cost or Hourly Benefit Amount. The parties agree that if the Pittsburgh Controller establishes an Hourly Benefit Amount pursuant to the Pittsburgh Prevailing Wage Ordinance that is insufficient to fund the benefits described above, this Rider shall re-open upon written notice from one party to the other. Otherwise, increases in the Hourly Benefit Amount shall be distributed as described above. In the event that the Fund determines that the hourly rates for health insurance set forth herein are insufficient to cover the monthly premiums set by the Trustees, the Trustees may increase the hourly rates for the succeeding year to the amount they deem necessary to support the health benefits. The hourly SRSP contribution rate shall be reduced by the same amount as any such increase so that the Hourly Benefit Amount will remain the same.
Sample 1
Future increases in Benefit Cost or Hourly Benefit Amount. The parties agree that if the Hourly Benefit Amount is insufficient to fund the benefits described above, this Rider shall re-open upon written notice from one party to the other. Otherwise, increases in the Hourly Benefit Amount shall be distributed as described above. In the event that the Fund determines that the hourly rates for health insurance set forth herein are insufficient to cover the monthly premiums set by the Trustees, the Trustees may increase the hourly rates for the succeeding year to the amount they deem necessary to support the health benefits. The hourly SRSP contribution rate shall be reduced by the same amount as any such increase so that the Hourly Benefit Amount will remain the same.
Sample 1

Related to Future increases in Benefit Cost or Hourly Benefit Amount

  • Benefit Waiting Period Allowance (a) An employee who qualifies for and takes leave pursuant to 21.1 or 21.2 and is required by Employment Insurance to serve a one-week waiting period for Employment Insurance Maternity/Parental benefits, shall be paid a leave allowance equivalent to one week at 85% of the employee's basic pay.

  • Same Sex Benefit Coverage An employee who co-habits with a person of the same sex, and who promotes such person as a "spouse" (partner), and who has done so for a period of not less than twelve (12) months, will be eligible to have the person covered as a spouse for purposes of Medical, Extended Health, and Dental benefits.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • LIVING AWAY FROM HOME ALLOWANCE 27.1 For the purpose of this Clause, a “distant project” is one where the location of the “on-site project work” is such that because of its distance or because of the travelling facilities available to and from the location, it is reasonably necessary for an employee to live and sleep at some place other than his/her usual place of residence.

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Defined Benefit Pension Plan 1. The Employer and the Union hereby agree to the continuation of the existing Northern California Glaziers, Architectural Metal and Glass Workers Pension Trust Agreement ("Defined Benefit Pension Trust").

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • Salary Deductions Salaried employees (E-level classifications) who are permanently assigned to full-time job classifications are paid on a bi-weekly salary basis. Salaried employees are paid a bi-weekly salary based on a minimum of two (2) forty (40) hour workweeks. The bi-weekly salary received by salaried employees will not be reduced regardless of the number of hours the salaried employee actually works in any week in which the salaried employee performs any work except for the following deductions:

  • SALARY INDEMNITY PLAN ALLOWANCE 1. The employer shall pay monthly to each employee eligible to participate in the BCTF Salary Indemnity Plan an allowance equal to 2.0% of salary earned in that month to assist in offsetting a portion of the costs of the BCTF Salary Indemnity Plan.

  • Call Back Compensation (a) Call back is an occasion where an employee has been released from duty and is called back to work prior to his/her normal starting time. On such occasions, the employee’s scheduled or recognized shift shall be made available for work, except that the Agency shall not be obligated to work the employee more than twelve (12) consecutive hours and the employee may choose not to work more than twelve (12) consecutive hours, excluding meal periods, of combined call back time and regular shift time.

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