Contribution Rates. (a) The Employer's contribution rate to the pension fund shall be as per paragraph (b) below. The Employer shall also deduct from each employee's gross monthly earnings three percent (3%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund shall be as per paragraph (b) below. The Employer shall also deduct from each employee's gross monthly earnings three five and one-half percent (3%5½%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021fund, or where entitlement is granted otherwise pursuant to this Agreement.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph eight percent (b8%) belowof each employee's gross monthly earnings. The Employer shall also deduct six percent (6%) from each eligible employee's gross monthly earnings three percent (3%) and remit that amount amount, together with the Employer's required contribution on behalf of each employee employee, to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund.
Appears in 1 contract
Samples: Sixth Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund shall be as per paragraph (b) below8% of each employee's gross monthly earnings. The Employer shall also deduct from each eligible employee's gross monthly earnings three percent (3%) 6% and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021fund.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph nine percent (b9%) belowof each employee's gross monthly earnings. The Employer shall also deduct six percent (6%) from each eligible employee's gross monthly earnings three percent (3%) and remit that amount amount, together with the Employer's required contribution on behalf of each employee employee, to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund.
Appears in 1 contract
Samples: Fifth Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph (b) belowseven percent of base monthly salary. The Employer shall also deduct from each eligible employee's gross base monthly earnings three salary six percent (3%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund, or where entitlement is granted otherwise pursuant to this Agreement.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's ’s contribution rate to the pension fund Pension Fund shall be as per paragraph six and one-half percent (b6 ½%) belowof each employee’s gross monthly earnings. The Employer shall also deduct from each eligible employee's ’s gross monthly earnings three eight percent (38%) and remit that amount together with the Employer's ’s required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph (b) belowseven percent of each employee's gross monthly earnings. The Employer shall also deduct from each eligible employee's gross monthly earnings three seven percent (3%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph (b) below. The Employer shall also deduct from each eligible employee's gross monthly earnings three six percent (36%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund, or where entitlement is granted otherwise pursuant to this Agreement.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund shall be as per paragraph (b) below8% of each employee's gross monthly earnings. The Employer shall also deduct from each eligible employee's gross monthly earnings three percent (3%) 6% and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021fund.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund shall be as per paragraph seven percent (b7%) belowof each employee's gross monthly earnings. The Employer shall will also deduct from each employee's gross monthly earnings three seven percent (37%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021fund.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph (b) belowseven percent of each employee's gross monthly earnings. The Employer shall also deduct from each eligible employee's gross monthly earnings three seven percent (3%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph (b) below. The Employer shall also deduct from each eligible employee's gross monthly earnings three six percent (36%) and remit that amount together with the Employer's required contribution on behalf of each employee to the Pension Fund, or where entitlement is granted otherwise pursuant to this agreement. The Employer portion of pension fund in the years 2016/2017/2018/2019/2020/2021contribution will be eight percent (8%).
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph nine percent (b9%) belowof base monthly salary. The Employer shall also deduct from each eligible employee's gross base monthly earnings three salary six percent (36%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund, or where entitlement is granted otherwise pursuant to this Agreement.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's ’s contribution rate to the pension fund Pension Fund shall be as per paragraph six and one-half percent (b6½%) belowof each employee’s gross monthly earnings. The Employer shall also deduct from each eligible employee's ’s gross monthly earnings three eight percent (38%) and remit that amount together with the Employer's ’s required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension Pension fund shall be nine point five percent (9.5%) as per paragraph (b) belowof October 1, 2001. The Employer shall also deduct from each eligible employee's gross monthly earnings three earning five and one-half percent (3%5½%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund, or where entitlement is granted otherwise pursuant to this Agreement.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph eight and one half percent (b8.5%) belowof gross monthly earnings. The Employer shall also deduct from each eligible employee's gross monthly earnings three eight percent (38%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Retirement Savings Plan.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph nine percent (b9%) belowof each employee's gross monthly earnings. The Employer shall also deduct from each eligible employee's gross monthly earnings three six percent (36%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph seven percent (b7%) belowof each employee's gross monthly earnings. The Employer shall will also deduct from each employee's gross monthly earnings three seven percent (37%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021.Pension Fund..
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph eight percent (b8%) belowof each employee's gross monthly earnings. The Employer shall also deduct from each eligible employee's gross monthly earnings three six percent (36%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund. The Employer's contribution shall increase to eight and one-half percent (8.5%) effective January 1, 1998 and to nine percent (9%) effective January 1, 1999.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph seven percent (b7%) belowof each employee's gross earnings. The Employer shall also deduct from each eligible employee's gross monthly earnings three seven percent (37%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's ’s contribution rate to the pension fund funds shall be as per paragraph nine percent (b9%) belowof each employee’s gross monthly earnings. The Employer shall also deduct from each eligible employee's ’s gross monthly earnings three seven percent (37%) and remit that amount together with the Employer's ’s required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund, or where entitlement is granted otherwise pursuant to this Agreement.
Appears in 1 contract
Samples: Collective Agreement
Contribution Rates. (a) The Employer's contribution rate to the pension fund Pension Fund shall be as per paragraph (b) below. The Employer shall also deduct from each employee's gross monthly earnings three five and one-half percent (3%5½%) and remit that amount together with the Employer's required contribution on behalf of each employee to the pension fund in the years 2016/2017/2018/2019/2020/2021Pension Fund, or where entitlement is granted otherwise pursuant to this Agreement.
Appears in 1 contract
Samples: Collective Agreement