College Contribution Sample Clauses

College Contribution. The College will contribute to a fund in the amount of two (2) percent of the annual Association employment salary (based on monthly union dues deduction report) for approved short- and long-term professional and course development activities and assisted leaves as stated in Article 10.2. The amounts will be calculated and transferred monthly into this fund.
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College Contribution the amount the College contributes to the Section 125 plan to cover a portion of the cost of the insurance benefits package.
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College Contribution. Employee plus Child(ren)/Full Family.‌
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College Contribution. Employee Only‌
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College Contribution. For employees who are eligible for participation in the College’s retirement plan, the College contribution will be eleven percent (11%) of base wages.
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College Contribution. The Board will contribute to the total annual cost associated with the College’s medical benefit plans an amount consistent with its elected method of compliance with Public Act 152 of 2011, being the Publicly Funded Health Insurance Contribution Act. The College will pay the maximum amount permitted by the Department of Treasury annually using Xxxxxxx College’s elected method of complying with Public Act 152 of 2011, being the Publicly Funded Health Insurance Contribution Act. Any amount in excess of the amounts permitted by Xxxxxxx College’s elected method of complying with PA 152 of 2011 shall be the responsibility of the employee.
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College Contribution. The College’s contribution per Faculty member shall cease for a Faculty member whose employment ceases or who goes on an unpaid leave of absence, other than a leave of absence under the Family and Medical Leave Act or where health insurance is available under a disability or other applicable program.
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College Contribution. Effective May 1, 2006, the College shall pay 95% of the cost of individual health insurance premiums. The College shall also pay 70% of the cost of dependent coverage for any member who elects dependent coverage. The employee shall pay the additional 30% off the cost of dependent coverage. The employee's portion of the cost will be made through bi-weekly payroll deductions. For example, assuming family coverage costs $13,626.72 annually, and individual coverage costs $5,106.24 annually, a unit member enrolled in family would pay $2,632.74 of the cost of the family coverage premiums. This was calculated as follows: $4,850.93 (95% individual) $13,626.72 (Cost of family plan) $4,850.93 (95% of individual plan) - $8,775.79 • $8,775.79 x 70% $6,143.05 TOTALS: $10,993.98 (College contribution for Family Coverage) $2,632.74 (Employee contribution for Family Coverage) $4,850.93 (College contribution for Individual Coverage) $255.31 (Employee contribution for Individual Coverage) For an employee enrolled in a two-person plan, the calculation will be based on the difference between the two-person plan and the individual plan. Deleted
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Related to College Contribution

  • Retirement Contribution The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications. Corrections Firearms Instructor Oil & Hazardous Material Responder I Oil & Hazardous Material Responder II

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • Distribution of Financial Contribution The financial contribution of the Funding Authority to the Project shall be distributed by the Coordinator according to: - the Consortium Plan - the approval of reports by the Funding Authority, and - the provisions of payment in Section 7.3. A Party shall be funded only for its tasks carried out in accordance with the Consortium Plan.

  • Payment of Contributions The College and eligible academic staff members shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Investment of Contributions At the direction of the Designated Beneficiary (or the direction of the Depositor or the Responsible Individual, whichever applies) the Custodian shall invest all contributions to the account and earnings thereon in investments acceptable to the Custodian, which may include marketable securities traded on a recognized exchange or "over the counter" (excluding any securities issued by the Custodian), covered call options, certificates of deposit, and other investments to which the Custodian consents, in such amounts as are specifically selected and specified in orders to the Custodian in such form as may be acceptable to the Custodian, without any duty to diversify and without regard to whether such property is authorized by the laws of any jurisdiction as a custodial account investment. The Custodian shall be responsible for the execution of such orders and for maintaining adequate records thereof. However, if any such orders are not received as required, or, if received, are unclear in the opinion of the Custodian, all or a portion of the contribution may be held uninvested without liability for loss of income or appreciation, and without liability for interest pending receipt of such orders or clarification, or the contribution may be returned. The Custodian may, but need not, establish programs under which cash deposits in excess of a minimum set by it will be periodically and automatically invested in interest-bearing investment funds. The Custodian shall have no duty other than to follow the written investment directions of the Designated Beneficiary (or the Depositor or Responsible Individual), and shall be under no duty to question said instructions and shall not be liable for any investment losses sustained by the Designated Beneficiary.

  • City Contribution 387. The City agrees to maintain health and dental benefits at present levels for the life of the Agreement.

  • Premium Contributions i. Effective March 1, 2014, the Company and employees will contribute toward the premium costs of the NECA Health Plan for eligible Regular employees in accordance with this Section.

  • When Must Distributions from a Xxxxxxxxx Education Savings Account Begin? Distribution of a Xxxxxxxxx Education Savings Account must be made (or otherwise will be deemed made) no later than 30 days from the earlier of the beneficiary’s death or attainment of age 30. A distribution from a Xxxxxxxxx Education Savings Account may be rolled over to another beneficiary’s Xxxxxxxxx Education Savings Account according to the requirements of Section (4). Note that the Economic Growth and Tax Relief Reconciliation Act of 2001 waives the distribution age limitation if the beneficiary of the Xxxxxxxxx Education Savings Account is a “Special Needs” student.

  • Pension Contributions 19.2.3.1 Unless required by law to commence receiving a pension prior to the Member’s actual retirement date (i.e., currently December 31 of the year in which the Member attains age sixty-nine (69)) the Member who postponed retirement beyond his or her TRD will continue to make pension contributions.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

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