APPRENTICES AND IMPROVERS. The Employer contribution to the Pension Trust Fund on behalf of Apprentices and Improvers shall be calculated on the basis of a maximum of 18% of the Apprentice’s or Improver’s gross wage rate (basic wage rate + 4.5% statutory holiday pay + 6% vacation pay) but in any case shall not exceed the Employer contribution rate to the Pension Trust Fund on behalf of Journeyman Mechanics.
Appears in 5 contracts
Samples: Provincial Insulators’ Agreement, Provincial Insulators’ Agreement, Provincial Insulators’ Agreement