Common use of Adjustment of Contributions Clause in Contracts

Adjustment of Contributions. If, during the terms of this Agreement, the Union and the Association mutually agree to a change in the Employer’s contributions to the above-mentioned Funds, the Employee’s total compensation package shall be adjusted accordingly. During the term of this Agreement, any increases to the Pension fund contribution that are required by a Pension Fund Rehabilitation Plan as presently written or as adopted or modified during the term of this Agreement will be allocated from within the schedule of wages contained in this Agreement.

Appears in 3 contracts

Samples: Agreement, Agreement, www.agcmichigan.org

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Adjustment of Contributions. If, If during the terms term of this Agreement, the Union and the Association mutually agree to a change in the Employer’s contributions Employers’ contribution to the above-above mentioned Fundsfunds, the Employee’s Employees’ total compensation package shall be adjusted accordingly. During the term of this Agreement, any increases to the Pension fund Fund contribution that are required by a Pension Fund Rehabilitation Plan as presently written or as adopted or modified during the term of this Agreement will be allocated from within the schedule of wages contained in this Agreement.

Appears in 1 contract

Samples: Agreement

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