Annuity Fund
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Effective July 1, 2005, the Employer shall continue to contribute to an existing annuity fund on behalf of full-time per annum and full-time per diem Employees, on a twenty-eight (28) day cycle basis, a pro-rata daily contribution for each paid working day which amount shall not exceed $478 for each Employee in full pay status in the prescribed twelve (12) month period, subject to the terms of a signed supplemental agreement approved by the Corporation Counsel. For Employees who work less than the number of hours for their full-time equivalent title, the employer shall pay into the fund, on a twenty-eight (28) day cycle basis, a pro-rata daily contribution calculated against the number of hours associated with their full time equivalent title, which amount shall not exceed $478 per annum for each Employee in full pay status in the prescribed twelve (12) month period.
- For Employees who work a compressed work week, the Employer shall pay into the fund, on a twenty-eight (28) day cycle basis, a pro-rata daily contribution for each set of paid working hours which equate to the daily number of hours that title is regularly scheduled to work, which amount shall not exceed $478 per annum for each Employee in full-pay status in the prescribed twelve (12) month period.
- For those Employees who are appointed on a seasonal basis, the Employer shall pay into the fund, on a twenty-eight (28) day cycle basis, a pro-rata daily contribution for each paid working day, which amount shall not exceed $478 per annum for each Employee in full pay status in the prescribed twelve (12) month period.
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CONTRIBUTIONS:
For the purpose of Section 15(a), excluded from paid working days are all scheduled days off, all days in non-pay status, and all paid overtime. "All days in non-pay status" as used in this Section 15(d) shall be defined as including, but not limited to, the following:
- time on preferred or recall lists;
- time on the following approved unpaid leaves:
- maternity/child care leave;
- military leave;
- unpaid time while on jury duty;
- unpaid leave for union business pursuant to Executive Order 75;
- unpaid leave pending workers' compensation determination;
- unpaid leave while on workers' compensation option 2;
- approved unpaid time off due to illness or exhaustion of paid sick leave;
- approved unpaid time off due to family illness; and
- other pre-approved leaves without pay;
- time while on absence without leave;
- time while on unapproved leave without pay; or
- time while on unpaid suspensions.
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Definitions
"scheduled days off" shall mean: An Employee's regular days off ("RDOs"). For example, Saturday and Sunday would be the scheduled days off for a full-time per annum employee working a Monday through Friday schedule.
- Effective March 2, 2008, the per annum amount shall be increased by $206.00 for a total of $684.00 per annum for each Employee in full pay status in the prescribed twelve (12) month period.
Social Service Employees Union Local 371
AFSCME, AFL—CIO
817 Broadway, New York, NY 10003
©SSEU Local371|PRIVACY POLICY