Salary Reduction Agreement. The Mayor is hereby authorized to enter into an agreement with City employees who qualify for this Plan, whereby the participant may designate a portion of his or her future earnings to be deducted by the City and placed in an accumulated fund calculated to provide tax sheltered annuity benefits to the participant upon his or her retirement. Such agreement shall include, but not be limited to, specifications that:
Appears in 3 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Salary Reduction Agreement. The Mayor is hereby authorized to enter into an agreement with City employees employees, officers or independent contractors who qualify for this Plan, whereby the participant may designate a portion of his or her future earnings to be deducted by the City and placed in an accumulated fund calculated to provide tax sheltered annuity benefits to the participant upon his or her retirement. Such agreement shall include, but not be limited to, specifications that:
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
