BENEFIT FUND. The Trustees are authorized and directed to establish a study committee to review the legality, feasibility and desirability of setting up and maintaining an employee funded Section 125 Flexible Spending Account (FSA). If an FSA is determined to be legal, feasible and desirable in this context, the Trustees are further authorized and directed to establish such an arrangement and offer it to employees covered by this Agreement; provided that the FSA shall not be offered to employees of any Employer who is unwilling or unable to permit employee participation in the FSA.
BENEFIT FUND. 1. The Employer and Unions agree to continue the existing United Food and Commercial Workers Unions and Food Employers Benefit Fund (the “Benefit Fund”). The Benefit Fund will continue to provide health and welfare benefits that are consistent with the terms and limitations of this Agreement.
2. If any Employer ceases all or part of its operations covered by this Agreement, files a petition in bankruptcy or otherwise becomes subject to the jurisdiction of the bankruptcy court, or sells all or part of its operations covered by this Agreement (and the buyer does not assume the obligations under this Article), then such Employer shall pay a lump sum to the Benefit Fund as of the date of the cessation of operations, the filing of the bankruptcy petition, or the closing date of sale. Said sum shall be owing without regard to whether any other Employer's successor collective bargaining agreement contains the maintenance of benefits contribution obligation set forth in Article 15 (A)(2) of the expired 1999-2003 Agreement. The lump sum payment shall be the amount determined in the second paragraph of Article 15 (A)(2) of the expired 1999-2003 Agreement, except that the total obligation of all Employers shall be deemed to be ninety million dollars ($90,000,000) and the total hours reported by both the Employer and by all Employers shall be measured from the beginning of this Agreement to the last day of the month preceding the month in which the cessation or sale occurs or the petition is filed. If an Employer ceases or sells less than all of its covered operations, only those hours attributable to operations ceased or sold shall be used. Notwithstanding the foregoing, this Paragraph shall apply only where the cessation or sale involves three hundred (300) or more of the Employer's eligible employees, or more than twenty-five percent (25%) of the Employer's eligible employees, whichever is greater. A series of transactions occurring over any consecutive twenty-four (24) month period shall be considered a single transaction for the purposes of this Paragraph.
BENEFIT FUND. 1. The Employer shall continue to contribute to the 1199 National Benefit Fund for Health and Human Service Employees (“NBF” or “Fund”) in an amount equal to the percentage as specified in Article XXIII, paragraph 5(c), multiplied by the gross payroll of the Employees for the preceding month exclusive of amounts earned by the Employees during the first two (2) months following the beginning of their employment, reduced by contribution credits, if any, approved by the NBF Trustees. Such payments shall be used by the Trustees of the Benefit Fund for the purpose of providing the Employees with social benefits, e.g., medical benefits, disability benefits, death benefits and hospital benefits as the Trustees of the said Fund may from time to time determine. Effective as of the following dates the NBF required contribution rate (NBF URR) shall be increased to the following corresponding percentages of gross payroll:
2. It is agreed that the National Benefit Fund will provide disability benefits for the Employees covered by this Agreement, in accordance with the requirements of the New York State Disability Benefits Law. In view of the assumption of this obligation by the said Fund, the Employer agrees not to make any deductions from the covered Employees' wages on account of disability benefits. The National Benefit Fund will certify the assumption of this obligation in connection with disability benefits to the appropriate State agency and to the Employer.
3. The Trustees shall continue to provide Benefit Fund enrollment cards to the Employers in accordance with its prior practice.
4. The Union and the League hereby direct the Trustees to implement the cost containment measures set forth in Exhibit E.
5. The Union and the League of Voluntary Hospitals and Nursing Homes shall appoint a committee that will develop a program to provide the best possible health care and health benefits.
(a) In designing this program, the Union and the League agree to be guided by the following objectives. That the National Benefit Fund will:
(i) Promote health and prevent disease;
(ii) Provide comprehensive health benefits in a cost-effective manner, and when fully operational, at no costs to covered Employees and their eligible dependents;
(iii) Provide improved access to high quality health care providers participating in the Plan;
(iv) Seek to eliminate and/or eliminate all Employee out-of-pocket cost through maximizing the availability of services from member institutions and a...
BENEFIT FUND. 1. The existing Health and Welfare Trust Fund known as the Southern California Drug Benefit Fund (hereinafter “Benefit Fund”) shall be continued, as modified herein.
BENEFIT FUND. The Employer shall continue to contribute an amount equal to seventy- five percent (75%) of the hourly contribution rate applicable to employees under the master industry agreement for straight-time hours worked.
BENEFIT FUND. On each of September 1, 2018 and September 1, 2019, Effective September 1, 2021, and every 12 months thereafter, the Employer agrees to contribute will provide to CUPE 3903 a total amount of $220,000 to assist CUPE 3903 to fund and administer its own plan or arrangement for benefits not covered by the collective agreement. Allocations from the Fund will be made by the Union. An Annual Report on the disbursement of monies shall be submitted in writing by the Union to the Office of Faculty Relations through the Labour/Management Committee by no later than September 30th of each yea
BENEFIT FUND. The Employer acceptB the terms of the Trust Agreement creating the A.M.C. & B.W. Trust Fund Local No. 229 and by this acceptance agrees to become a party thereto. The Employer designates the Employer Parties and Employer Trustees sig natory to or serving under such Trust, his agent or agents to negotiate and enter into amendments to such Trust with the Union and Union Trustees. The Employer and Union agree to continue in effect the existing San Diego and Imperial Counties Butchers' and Food Employers' Benefit Fund for the purpose of providing the existing benefits to eligible employees and dependents. The Trustees are authorized and directed to make such amendments to the existing Trust Agreement os may be necessary to effectuate the purpose of this Section.
BENEFIT FUND. 1. Benefit for Employees Hired Prior to September 19, 2011
BENEFIT FUND. The Parties hereto agree to a Benefit Fund as follows:
