Common use of Ratification Bonus Clause in Contracts

Ratification Bonus. Upon ratification of this Agreement by RPPSOA and the City of Rohnert Park, the City shall pay to each employee a ratification bonus of $500.00. This bonus will be paid in one lump sum in the first pay period for the fiscal year 2014/15. The ratification bonus is taxable and all regular payroll taxes will be withheld unless deferred into a 457 account.

Appears in 1 contract

Samples: Memorandum of Agreement

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Ratification Bonus. Upon ratification of this Agreement by RPPSOA RPEA and the City of Rohnert Park, the City shall pay to each employee a ratification bonus of $500.00. This bonus will be paid in one lump sum in the first full pay period for the fiscal year 2014/15. The ratification bonus is taxable and all regular payroll taxes will be withheld unless deferred into a 457 account.

Appears in 1 contract

Samples: Memorandum of Agreement

Ratification Bonus. Upon ratification of this Agreement by RPPSOA RPPSMA and the City of Rohnert Park, the City shall pay to each employee a ratification bonus of $500.00. This bonus will be paid in one lump sum in the first pay period for the fiscal year 2014/15. The ratification bonus is taxable and all regular payroll taxes will be withheld unless deferred into a 457 account.

Appears in 1 contract

Samples: Memorandum of Agreement

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Ratification Bonus. Upon ratification of this Agreement by RPPSOA SEIU and the City of Rohnert Park, the City shall pay to each employee a ratification bonus of $500.00. This bonus will be paid in one lump sum in the first full pay period for the fiscal year 2014/152014/15 (July 25, 2014). The ratification bonus is taxable taxable, and all regular payroll taxes will be withheld unless deferred into a 457 account.

Appears in 1 contract

Samples: Memorandum of Agreement

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