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VI. Contribution Sources and Amounts <br />A. Definition of Earnings <br />The definition of Earnings will apply to all RHS Contribution Features that reference "Earnings', including Direct <br />Employer Contributions (Section VI.B.1.) and Mandatory Employee Compensation Contributions (Section VI.13.2.). <br />Definition of earniaes: As defined by Resolution 2015-01, <br />B. Direct Employer Contributions and Mandatory Contributions <br />1. Direct Employer Contributions <br />The Employer shall contribute on behalf of each Participant <br />❑ % of Earnings <br />❑ $ _ each Plan Year <br />❑ A discretionary amount to be determined each Plan Year <br />[71 Other (describe): A one-time contribution as a conversion from the existing Medical Retirement <br />Subsidy Plan. <br />2. Mandatory Employee Compensation Contributions <br />The Employer will make mandatory contributions of Employee compensation as follows: <br />0 Reduction in Salary - 1.25 _ % of Earnings or $ will be contributed for the Plan Year. <br />❑ Decreased Merit or Pay Plan Adjustment - Alt or a portion of the Employees' amoral merit <br />or pay plan adjustment will be contributed as follows: <br />An Employee shall not have the right to discontinue or vary the rate of Mandatory Contributions of <br />Employee Compensation. <br />3. Mandatory Employee Leave Contributions <br />The Employer will make mandatory contributions of accrued leave as follows (provide formula for determining <br />Mandatory Employee Leave contributions): <br />0 Accrued Sick Leave 100% of sick leave cash out <br />❑ Accrued Vacation Leave <br />❑ Other (specify type of leave) Accrued _ _ Leave <br />An Employee shall not have the right to discontinue or vary the rate of mandatory leave contributions. <br />C. Limits on Total Contributions (check one box) <br />The total contribution by the Employer on behalf of each Participant (including Direct Employer and <br />Mandatory Employee Contributions) for each Plan Year shall not exceed the following limit(s) below. Limits <br />on individual contribution types are defined within the appropriate section above. <br />