Payroll Savings Plan. The Board, in consultation with the Unit Executive will make available Payroll Savings Plans, on the provision that sufficient Employees enroll in such plans to make them viable.
Payroll Savings Plan. The Employer agrees to deduct for a payroll savings plan from those employees who have authorized such deduction and to transmit said deductions to a FDIC insured bank or NCUA insured credit union authorized to do business in New York State. The Union hereby agrees to hold the Employer harmless for any damages it may sustain as a result of making the payroll deductions provided for in this Article.
Payroll Savings Plan. The Board agrees to accommodate Members by providing for payroll deductions and necessary remittances for the Payroll Savings Plan.
Payroll Savings Plan. The Board agrees to establish a savings plan, through payroll deduction with an accredited institution selected by the Association. The amount of the deduction shall be a flat dollar amount, and not a percentage amount. Applications may be made upon initial employment, or by September 15 and January 15 of each year, and members may cease their deductions at only these same points in the year. Deductions shall begin no later than the second pay period following the closing date for applications.
Payroll Savings Plan. The Board shall administer a Canada Savings Bond Payroll Deduction Plan.
Payroll Savings Plan. The Association shall have the right to designate a Credit Union, and employees may have deductions made to such organization with such election to take place once annually.
Payroll Savings Plan. A payroll savings plan is available to officers who wish to enroll. The City agrees to operate the savings plan in accordance with procedures set down by the United States Government.
Payroll Savings Plan. The Treasurer shall provide the opportunity to enroll in a payroll savings plan if five (5) or more teachers indicate a desire to participate.
Payroll Savings Plan. Any personnel covered by this contract may elect to have ten per cent (10%) of his/her salary deducted from his/her pay. The money to be deposited in his/her name, in one of the following accounts as he/she may elect:
Payroll Savings Plan. The County shall provide a system for a payroll deposit plan. The County reserves the right to enter into an agreement with a “lead bank” to perform payroll transfers to other financial institutions. All employees will participate in Automatic Payroll deposit and transfer at no cost to the employee.
