Required Employer Costs Clause Samples
The Required Employer Costs clause defines the specific expenses and contributions that an employer is obligated to pay in relation to an employee’s compensation. This typically includes statutory costs such as payroll taxes, social security contributions, workers’ compensation insurance, and any mandatory benefits required by law or contract. By clearly outlining these obligations, the clause ensures that both parties understand which costs are the employer’s responsibility, thereby preventing disputes and ensuring compliance with legal requirements.
Required Employer Costs. (a) Federal Insurance Contributions Act (FICA) (if applicable).
(i) Old Age Survivor and Disability Income (OASDI).
Required Employer Costs. The City shall pay the following, subject to the following conditions:
(a) The City participates in social security. This benefit is in addition to the CalPERS Retirement Plan. The City and the City Attorney each pay their required amount under the Social Security Act. The City Attorney's contribution amount will be deducted from her paycheck.
Required Employer Costs. (a) City will pay the employer contribution of Federal Insurance Contributions Act (“FICA”) if applicable, including Medicare and Social Security. The City will pay the employee contribution to Social Security on behalf of Officer.
Required Employer Costs. (a) Federal Insurance Contributions Act (FICA)