Employer’s Contribution Sample Clauses
The Employer’s Contribution clause defines the amount or percentage that an employer is required to pay towards a specific benefit or fund, such as a retirement plan, health insurance, or other employee benefits. Typically, this clause outlines the timing, calculation method, and any conditions under which the employer must make these contributions, for example, specifying monthly payments into an employee’s pension fund or matching a portion of employee contributions. Its core practical function is to ensure clarity and enforceability regarding the employer’s financial obligations, thereby protecting employees’ entitlements and preventing disputes over benefit funding.
Employer’s Contribution. For Employees hired Before January 1, 2013 and for Employees hired on or After January 1, 2013 who are considered “Legacy Members” of OCERS within the meaning of the Public Employees’ Pension Reform Act of 2013 (PEPRA): The Authority will pay the amount of the employee’s share of retirement contribution that is not paid by the employee per Section 5 of this Article.
Employer’s Contribution to the trade unions
Employer’s Contribution. (a) The Employer's obligation in relation to the continuation of the B.C. Medical Services Plan and the Union's Health and Welfare Plan is limited to making contributions toward the costs of maintaining the coverages under the Plans.
Employer’s Contribution. The Employers will pay the VVCS and ProProf jointly an annual contribution of €356,860.24 for the purposes of union work within the sector. This Employer's contribution must be paid to VVCS and ProProf no later than in the first week of January and will be indexed at a rate of 3% on 1 January 2024, 1 January 2026 and 1 January 2027.
Employer’s Contribution. The rate of Apprentice and Journeymen’s Training Fund contri- bution shall be in accordance with Schedules A, B and C attached hereto and made a part hereof and shall be paid based on all hours worked. The Apprentice and Journeymen’s Training Fund contribution covering all Apprentices performing work as required by Local No. 73 shall be made to the Apprentice and Journeymen’s Training Fund. The time spent by the Apprentice at- tending school shall be excluded. There shall be no con- tributions for hours worked by Residential Service Specialists and Commercial Service Specialists. The Sheet Metal Workers’ Local No. 73 Apprentice and Journeymen’s Training Fund shall be administered pursuant to the Agreement and Declaration of Trust dated June 1, 1965, and amended from time to time since that date, and executed jointly by equal representatives of the Union and representatives of SMACNA Greater Chicago, which may include its Executive Director, and shall be considered to be a part hereof, as if set forth in detail. The Employer confirms and ratifies the appointment of three (3) Employer Trustees who with their successors designated in the manner provided in said Agreement and Declaration of Trust, are called Employer Trustees. The Trust is lawful and is qualified under all appli- cable laws and specifically with Section 302(c)(5) of the Labor-Management Relations Act of 1947, as amended and the Trust has been approved under applicable pro- visions of the Internal Revenue Code so that all contri- butions by the Employer to said Fund will be fully deductible for federal income tax purposes.
Employer’s Contribution. The rate of Apprentice and Journeymen’s Training Fund contri- bution shall be in accordance with Schedules A, B and C attached hereto and made a part hereof and shall be paid based on all hours worked. The Apprentice and Journeymen’s Training Fund contribution covering all Apprentices performing work as required by Local No. 73 shall be made to the Apprentice and Journeymen’s Training Fund. The time spent by the Apprentice at- tending school shall be excluded. There shall be no con- tributions for hours worked by Residential Service Specialists and Commercial Service Specialists. The Sheet Metal Workers’ Local No. 73 Apprentice and Journeymen’s Training Fund shall be administered pursuant to the Agreement and Declaration of Trust dated June 1, 1965, and amended from time to time since that date, and executed jointly by equal representatives of the Union and representatives of SMACNA Greater Chicago, which may include its Executive Director, and shall be considered to be a part hereof, as if set forth in detail. The Employer confirms and ratifies the appointment of three (3) Employer Trustees who with their successors designated in the manner provided in said Agreement and Declaration of Trust, are called Employer Trustees. The Trust is lawful and is qualified under all appli- cable laws and specifically with Section 302(c)(5) of the Labor-Management Relations Act of 1947, as amended and the Trust has been approved under applicable pro- visions of the Internal Revenue Code so that all contri- butions by the Employer to said Fund will be fully deductible for federal income tax purposes. The contributions shall be paid monthly up to and in- cluding the last payroll date in each and every calendar month on or before the fifteenth (15th) day of the fol- lowing month. The contributions are to be stated on forms provided or approved by the Sheet Metal Work- ers’ Local No. 73 Apprentice and Journeymen’s Train- ing Fund. In the event contributions remain unpaid on the thir- tieth (30th) day of the aforesaid following month, a charge of fifteen percent (15%) of the amount of the con- tribution due must be paid. The Employer shall make available to the Sheet Metal Workers’ Local No. 73 Apprentice and Journey- men’s Training Fund any and all records of the covered employees that the Fund may require in connection with the sound and efficient operation of the Sheet Metal Workers’ Local No. 73 Apprentice and Journeymen’s Training Fund.
Employer’s Contribution. The employer's contribution will be continued for the duration of the CLA in accordance with the AWVN arrangements.
Employer’s Contribution. The parties have agreed that the employees’ organisations involved in this CLA receive an employer’s contribution in line with the standard of the AWVN (Dutch employers’ association).
Employer’s Contribution. (1) The current employer contribution of ninety-eight ($.98) cents per hour will be increased by three ($.03) cents on September 1, 2003, three ($.03) cents per hour on September 1, 2004, and three ($.03) cents per hour on September 1, 2005.
(2) In addition, on June 1st of each year commencing June 1, 2004, employees who are Health Care Plan participants as of May 31st of that year will be levied a plan participation charge of one hundred ($100.00) dollars (for those employees with married status coverage) or fifty ($50.00) dollars (for those employees with single status coverage).
Employer’s Contribution a. Since 1 March 2015, the employers’ organisations are obliged to pay an employer’s contribution to the employees’ organisations totalling €95,000 per year. The employer's contribution will be indexed annually from 2016 on the basis of the Statistics Netherlands consumer price index figure (CPI) of the previous calendar year. With effect from 1 June 2019, the employer's contribution will be proportionally increased in accordance with the number of employees transferring from the Collective Labour Agreement for Health Centres (approximately 2000). The employers’ organisations will pay the employer’s contribution to each individual employees’ organisation after receiving a collective statement of the number of members falling within the scope of the Collective Labour Agreement for General Practitioner Care, in proportion to the number of members as at 1 January of the relevant calendar year to which the payment of the employer’s contribution applies.
b. The parties agree that the SSFH will pay an annual amount of €5,000 for each of the employee board seats to the relevant employees’ organisations for the purpose of supporting and preparing the administrative activities for the Fund.