Common use of Amount of Contribution Clause in Contracts

Amount of Contribution. Each Employer covered by this Agreement shall contribute the sum of $11.94 effective 7/1/13 for each hour for which an Employee is required to be compensated, including overtime hours, full-day and call-out guarantees, into the Teamsters Benefit Trust Health and Welfare Trust Fund for Northern California for the purpose of providing hospital, medical, surgical, dental care, visual care, prescription drug and such other welfare benefits as the Board of Trustees of the Fund deem advisable for active employees, and such welfare benefits as the Board deem feasible for retired employees. The Board shall determine in its sole discretion the nature, extent and cost of such benefits and shall also work out the application of $.03 of such contribution to Employee Claim Administration in accordance with all applicable legal requirements.

Appears in 2 contracts

Samples: Master Agreement, Master Construction Agreement

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Amount of Contribution. Each Employer covered by this Agreement shall contribute the sum of $11.94 13.25 effective 7/1/13 7/1/16 for each hour for which an Employee is required to be compensated, including overtime hours, full-day and call-out guarantees, into the Teamsters Benefit Trust Health and Welfare Trust Fund for Northern California for the purpose of providing hospital, medical, surgical, dental care, visual care, prescription drug and such other welfare benefits as the Board of Trustees of the Fund deem advisable for active employees, and such welfare benefits as the Board deem feasible for retired employees. The Board shall determine in its sole discretion the nature, extent and cost of such benefits and shall also work out the application of $.03 of such contribution to Employee Claim Administration in accordance with all applicable legal requirements.

Appears in 1 contract

Samples: Master Agreement

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Amount of Contribution. Each Employer covered by this Agreement shall contribute the sum of $11.94 14.64 effective 7/1/13 7/1/20 for each hour for which an Employee is required to be compensated, including overtime hours, full-day and call-out guarantees, into the Teamsters Benefit Trust Health and Welfare Trust Fund for Northern California for the purpose of providing hospital, medical, surgical, dental care, visual care, prescription drug and such other welfare benefits as the Board of Trustees of the Fund deem advisable for active employees, and such welfare benefits as the Board deem feasible for retired employees. The Board shall determine in its sole discretion the nature, extent and cost of such benefits and shall also work out the application of $.03 of such contribution to Employee Claim Administration in accordance with all applicable legal requirements.

Appears in 1 contract

Samples: Master Agreement

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