Examples of Participating employee in a sentence
Participating employee or eligible spouse up to a combined benefit limit of$5,000 (regardless of ear) per Participant, every five (5) years.
The Employer will then determine how many eligible participating employees there are and calculate the matching amount for each participating employee, as follows: Participating employee matching amount = $10,000 ÷ Number of Participating Employees For example, if there are 8 participating employees, each of those 8 employees can contribute up to $1250 to an RRSP for the 2016 tax year, and the Employer will match the employee’s RRSP contribution (e.g. up to $1250 for each of the 8 participating employees).
Cost savings day" means any unpaid day off from workin917which employees continue to accrue employee benefits which havea918determinable value including, but not limited to, vacation,919pension contribution, sick time, and life and health insurance.920 (EE) "Participating employee" means an employee who works a 921reduced number of hours under an approved shared work plan.