Hourly Contribution Sample Clauses

Hourly Contribution. The hourly contributions to the IWA-Forest Industry Pension Plan will be made on a per hour per employee per hour worked basis as follows: Employer Employee $2.67-1/2 $1.62-1/2 Contribution rate for both Employers and Employees will be reduced by $0.275 when the plan is fully funded as per the July 6, 2000 Memorandum of Agreement.
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Hourly Contribution. The Industry contribution to the Pension Plan of one dollar seventy cents ($1.70) per hour per employee per hour worked, which became effective July 1, 1988, will be increased by seventy cents (70¢) per hour, effective July 1, 1992, to two dollars and forty cents ($2.40) per hour per employee per hour worked. Effective July 1, 1993, employee contributions of ten cents (10¢) per hour per employee per hour worked will be added to the above contribution rate. Additional contributions will be in accordance with the Memorandum of Agreement signed on July 6, 2000.
Hourly Contribution. Effective July 1, 2014, the District's contribution to the Pension Plan shall be three dollars and sixty-seven and one-half cents ($3.675) per hour and the employee’s contributions of two dollars and twenty-two and one-half cents ($2.225) per hour per employee per hour worked will be added to the above contribution rate. It is understood that this contribution rate may be amended in accordance with the Letter of Understanding set out in Supplement No.2 attached to this Collective Agreement.
Hourly Contribution. The per hour worked contributions in effect as of July 1, 2013 are as follows: • $2.675 per hour worked contribution from the employer • $1.625 per hour worked contribution from the employee
Hourly Contribution. The hourly contributions to the IWA-Forest Industry Pension Plan will be made on a per hour per employee per hour worked basis as follows:  Effective July 1, 2014 an increase to the employer per hour worked contribution of $1.00 per hour worked resulting in a total of $3.675 per hour worked employer contribution for the years 2014-2017. For the 2018 contract year the employer contribution will match the contribution of the BC Northern and Southern Interior employers.  Effective July 1, 2014 an increase to the employee per hour worked contribution of $0.600 per hour worked resulting in a total of $2.225 per hour worked employee contribution for the years 2014-2017. For the 2018 contract year the employee contribution will match the contribution of the BC Northern and Southern Interior employees.  It is understood that the $0.275 contributions provided for in Article XIX of the previous USW-WFP Collective Agreement are recognized as permanent.
Hourly Contribution. The hourly contributions to the IWA-Forest Industry Pension Plan will be made on a per hour per employee per hour worked basis as follows: Date Employer Employee July 1, 2014 – June 30, 2017 $3.67-1/2 $2.225 July 1, 2018 As per BC Interior Employers As per BC Interior Employees It is understood that the $.275 contributions are recognized as permanent.
Hourly Contribution. The Employer who is covered by this Agreement shall contribute to the Western Conference of Teamsters Supplemental Benefit Trust Fund on behalf of all regular, probationary, and casual employees at the rate of forty cents ($.40) per hour for each compensable hour (including paid vacations on the basis of forty (40) hours per week of vacation, paid holidays and used sick leave but excluding jury pay and funeral leave), not to exceed one hundred eighty (180) hours per month with a maximum of 2,080 hours per year. The Employer agrees to remit the above monies to the administrative office by the date designated by that office, and monies received after that date shall be considered delinquent.
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Related to Hourly Contribution

  • 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.

  • 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

  • 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.

  • 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.

  • Member Contributions With respect to benefits accrued under the Retirement System on or after January 1, 2021, members shall be required to make the following rates of member contributions to the Retirement System:

  • 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.

  • 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.

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

  • Maximum Contribution The total amount you may contribute to an IRA for any taxable year cannot exceed the lesser of 100 percent of your compensation or $6,000 for 2019 and 2020, with possible cost- of-living adjustments each year thereafter. If you also maintain a Xxxx XXX (i.e., an IRA subject to the limits of Internal Revenue Code Section (IRC Sec.) 408A), the maximum contribution to your Traditional IRAs is reduced by any contributions you make to your Xxxx IRAs. Your total annual contribution to all Traditional IRAs and Xxxx IRAs cannot exceed the lesser of the dollar amounts described above or 100 percent of your compensation.

  • Company Contributions (a) For employees hired, rehired or who become covered under the CWA 3176 Agreement through any means before January 1, 2016, the Company shall contribute a Company Matching Contribution equal to 25 percent of the Participant’s Contribution up to a maximum of 6 percent of eligible wage.

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