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BENEFIT FUNDS Sample Clauses

BENEFIT FUNDSThe Contractor shall remit the amounts in the attached Wage and Benefits Schedule for each hour earned. Payments shall be made no later than the 15th of the month following the month in which the hours were earned.
BENEFIT FUNDS. 3.01 The Contractor shall remit the amounts in the attached Wage and Benefit Schedule for each hour earned. Payments shall be made no later than the 15th of the month following the month in which the hours were earned. 3.02 Each payment shall be accompanied by a statement setting out the names of the employees in respect of whom such payment is made, the amount paid in respect of each employee and the hours worked by each employee during the calendar month for which payment is being made. 3.03 Payments shall be made to the following addresses: (a) Health and Welfare Fund (b) Pension Fund (c) Training and Scholarship Fund (d) Industry Fund (RDTC) (e) Canadian Building Trades Fund
BENEFIT FUNDS. 3.01 The Contractor shall remit the amounts in the attached Wage and Benefit Schedule for each hour earned. Payments shall be made no later than the 15th of the month following in which the hours were earned. 3.02 Each payment shall be accompanied by a statement setting out the names of the employees in respect of whom such payment is made, the amount paid in respect of each employee, and the hours worked by each employee during the calendar month for which payment is being made. 3.03 Payments shall be made as follows: (a) Health and Welfare Fund
BENEFIT FUNDS. The contribution amounts set forth in Section 13.2 shall be replaced with the following effective January 1, 2021: Cleaner: Handyperson: Pension $2.177 $2.177 SRSP $.590 $.590 Training $.084 $.084 Legal $.082 $.082 The contribution amounts set forth in Sections 13.3 and 13.9 shall be replaced with the following effective January 1, 2021: Cleaner:
BENEFIT FUNDS. 24. Continuation of benefit funds (1) The following funds are hereby continued – (a) the Leave Pay Fund established under Government Notice No. R.41 of 15 January 1971; (b) the Holiday Pay Bonus Fund established under the provisions of the Agreement published under Government Notice No. R.41 of 15 January 1971; (c) the Sick Fund established under Government Notice No. R.1238 of 12 June 1953 and continued and renamed as the Sick and Absence Fund under Government Notice No. R.559 appearing in Government Gazette 30041 of 6 July 2007. (2) The calculation and payment of benefit funds which includes the Leave Pay Fund, Holiday Pay Bonus Fund and the Sick and Absence Fund will no longer be linked to 252 shifts; (3) An employer is required to pay contributions in respect to all benefit funds to the Council as prescribed. An employer is entitled to submit a claim against a portion of contributions of an employee during any specific month as a result of the employee’s unauthorised absence, as defined. Such claim must be in writing and accompanied by sufficient proof. 25. General provisions on contributions to benefit funds and claims from benefit funds (1) In respect of contributions due in terms of the benefit funds listed in clause 24, employers must – (a) effect payment by no later than the 20th of each month; (b) effect payment to the National Secretary of the Council; (c) submit to the National Secretary of the Council, by no later than the 20th day of the following month, a monthly return prescribed by the Council for this purpose. 26. General provisions on the administration of benefit funds (1) All money paid into any of the benefit funds referred to in clause 24, must be deposited in a special bank account to be operated for and in the name of that benefit fund. (2) Any money in a benefit fund that is not required for immediate use may be invested by the Council from time to time in terms of section 53 (5) of the Act. (3) Income earned on invested money accrues to the Council. (4) Any contribution paid to a benefit fund, which is not claimed or otherwise legally disposed of within five years of receipt of that contribution will be forfeited to the reserve funds of the benefit fund concerned. (5) In respect of each benefit fund, the Council must appoint a registered auditor to – (a) audit the accounts of the relevant benefit fund at least once a year; and (b) prepare a statement showing all money received and expenditure incurred under all headings for the f...
BENEFIT FUNDS. 17 SEVERANCE FUND-TERMINATION OR DISMISSAL OF BENEFITS.................... 21
BENEFIT FUNDSSection 5.
BENEFIT FUNDS. 9.1 This Jobbers Agreement governs the benefit fund contributions paid by the Company on behalf of the employees of its Union contractors. In the event the Company contracts with a contractor that is party to a collective bargaining agreement with the Union or an affiliate thereof, the terms of which do not require the contractor to pay benefit fund contributions, the Company shall pay to the funds designated below the amount required under the terms set forth below. Any payment to the said funds shall neither bind nor commit the Company to the terms of, nor make the Company party to any collective bargaining agreement covering its contractors' employees. 9.2 The Company shall not be responsible for paying benefit fund contributions based on work sent to Union contractors whose collective bargaining agreements with Union affiliates require the contractor to pay benefit fund contributions.
BENEFIT FUNDS. Section 10.1 Each Employer and the Employer’s controlled group agree to make contributions to the Painters District Council No. 30 Health and Welfare Fund, the Painters District Council No. 30 Pension Fund, the Painters District Council No. 30 Finishing Industries Retirement Savings Fund, Painters District Council No. 30 Health and Welfare Member Reimbursement Account Plan, the North Central Illinois Finishing Trades Institute, the International Union of Painters and Allied Trades Finishing Trades Institute, the Painters District Council No. 30 Labor Management Industry Development Fund, the Painters and Allied Trades Labor-Management Cooperation Initiative, and the International Union of Painters and Allied Trades Union and Industry Pension Fund, (collectively the “Combined Funds”), in accordance with the terms of this Agreement and with the Agreements and Declarations of Trust (“Trust Agreements”) under which each Fund is operated. (a) Notwithstanding the requirements of Section 10.1, contributions on behalf of an apprentice enrolled in Painters District Council No. 30’s apprenticeship and training program shall not be required by Painters District Council No. 30’s Pension Fund. (b) Effective May 1, 2022 and each May 1 thereafter, the Union may in its sole discretion allocate a portion of the negotiated increase, pursuant to Article 9,
BENEFIT FUNDS. 24. Continuation of benefit funds (1) The following funds are hereby continued – (a) the Leave Pay Fund established under Government Notice No. R.41 of 15 January 1971; (b) the Holiday Pay Bonus Fund established under the provisions of the Agreement published under Government Notice No. R.41 of 15 January 1971; (c) the Sick Fund established under Government Notice No. R.1238 of 12 June 1953 and continued and renamed as the Sick and Absence Fund under Government Notice No.