Benefits Amount definition

Benefits Amount is defined in Section 2.3.6.
Benefits Amount. The maximum monthly benefit shall be no less than seventy percent (70%) of the bargaining unit member's monthly salary.

Examples of Benefits Amount in a sentence

  • On the Effective Date for Payment, this Default Dollars for Benefits Amount payment will be sent to these members in a check by Aetna.

  • For the avoidance of doubt, for all Tax purposes and to the extent permitted by applicable Tax Law, the Estimated 2046 Exchangeables Tax Benefits Amount related to any Splitco Indemnity Payment shall be treated as a reduction of the applicable Splitco Indemnity Payment under the Indemnification Agreement.

  • DEPENDENT HEALTH CARE PICK-UP Dependent Care Health Benefits Amount of Employee Contribution to be Paid by the City The City shall contribute $225 per month per employee to provide for dependent coverage for employees with one or more dependents.

  • The Benefits Amount shall not include contributions made by the Company to FICA or FUTA or similar legally required payments, expense reimbursements, vacation or any equity incentives granted to the Employee.

  • The Seller agrees that it will prepare a schedule of all Accrued Employee Benefits, listing the name of each employee entitled to such benefits, the type of benefits to which such employee is entitled and the dollar amount of such benefits (as updated through and including the Closing Date, the aggregate amount thereof, the "Accrued Employee Benefits Amount").

  • If the Company, after providing a reasonably comprehensive benefit and fringe benefit program for the Employee, fails to spend for a calendar year the entire Benefits Amount for such calendar year, the entire unspent Benefits Amount shall be paid to the Employee in cash within 60 days after the end of such calendar year.

  • The City has established a Flexible Benefits Amount for each full-time regular employee who is eligible to enroll in one of the PERS medical insurance plans offered by the City.

  • Category B Class Members will be entitled to the Default Dollars for Benefits Amount, equal to $2,300, upon timely submission of the Attestation, as set forth in paragraph 65(b) above, and upon verification of their address by the Parties, unless their claim has already been reimbursed or they are otherwise excluded pursuant to paragraph 66(a) above.

  • The City will make available medical, dental and life insurance for eligible employees through a contribution to the Flexible Benefits Amount.

  • Category A Class Members who do not opt-out pursuant to paragraph 105 will be entitled to the Default Dollars for Benefits Amount, equal to $2,300, upon verification of their address by the Parties, unless their claim has already been reimbursed or they are otherwise excluded pursuant to paragraph 66(a) above.