Benefit Trust Fund Clause Samples

Benefit Trust Fund. The District shall contribute to the Benefit Trust fund established by the Federation the following payments for each full-time unit member prorated for each part-time unit member: 7/1 11 $1,450 The Federation shall be the sole responsible party for the establishment and operation of this fund, subject to applicable statutes.

Benefit Trust Fund. 21.3.1 The Benefit Trust Fund is an ongoing trust fund maintained by the University on behalf of the Union. The use of this fund for any or all of the approved purposes of 21.

Benefit Trust Fund. The School District will contribute the same per capita amount for the Employee as for bargaining unit members in the Valhalla SRP unit, with one-half of the payments made by July 15 and one-half made by January 1.

Benefit Trust Fund. 19 Effective July 1985, a Benefit Trust Fund will be established by the Association for the purpose of providing 20 various benefits for the members of the bargaining unit. The Board’s contribution by August 1 of each school 21 year for each qualified bargaining unit member for the duration of the contract will be: ▇▇ ▇▇▇▇-▇▇▇▇: $1500 ▇▇ ▇▇▇▇-▇▇▇▇: $1525 ▇▇ ▇▇▇▇-▇▇▇▇: $1550 ▇▇ ▇▇▇▇-▇▇▇▇: $1575 26 The Board of Education will also contribute to the fund $20,000 per year.

Benefit Trust Fund. The District shall contribute annually to a Benefit Trust Fund as outlined below. Such fund shall be used for the purchase of various employee insurance plans selected by the Federation. District payments shall be $580 in 2003-04; $680 in 2004-05; $830 in 2005-06; and $980 in 2006-07.

Benefit Trust Fund. A. The Communication Workers of America (CWA), Local 1101 will establish a Benefit Trust Fund. This Fund will be administered by a board appointed by the CWA and will be used for the sole benefit of adjunct faculty members, in a manner to be established by the CWA. This fund will comply with all local, State, and Federal laws. B. The CWA will establish eligibility criteria for participating adjuncts. Further, the union will notify the University on how the money is to be dispensed. C. The Adjunct Benefit Trust Fund will be funded by University contributions and will make annual contributions at the following levels: $50,000 $50,000 $50,000 D. Payments from the University shall be made to the Trust Fund on or before September 1st of each year, beginning in 2010.

Benefit Trust Fund. FAST FACTS Life Insurance:

Benefit Trust Fund. During the course of the next year, the parties will share information in an effort to determine the feasibility of

Benefit Trust Fund a. The Authority and the Union agree to enter into certain agreements wherein and whereby the Authority shall be required to make payments to the Union which the Union in turn shall remit to the District Council 37 Benefit Fund Trust (Welfare Fund) and to the Local 371 Administrative Fund (Welfare Fund), to provide the welfare fund benefits set forth in those agreements. The effective dates and amounts provided for in the Welfare Fund Agreements shall conform to the effective dates and amounts provided for in the City-wide contract with the Union. With respect to those agreements the Authority shall furnish once a year to the Union between March 15th and July 1st the following information: (i) Schedule of employees as of the end of the prior year by job title code. (ii) Home address of record for each such employee. (iii) Social Security number for each such employee. (iv) Authority title code number for each employee. b. The Union shall be entitled to receive such separate contributions as may be provided in this Agreement for welfare, training and legal services benefits, as a single contribution. This contribution shall be paid by the Authority into the aforementioned Administrative Employee Benefit Fund, established by the Union and shall be held by the trustees of that fund for the exclusive purpose of providing, through other trusteed funds, welfare, training and legal service benefits for the employees so covered as well as any other benefits as the Authority and the Union may agree upon. Such Administrative Employee Benefit Fund contribution by the Authority shall be subject to the aforementioned welfare fund and any other agreement between the parties. Such agreements shall include among its provisions that the Employer shall continue to have the right to review and approve the distribution of funds to and the level of benefits provided by the individual funds. The individual funds shall also continue to be subject to a separate agreement between the Authority and the Union. c. The Union may allow the Administrative Fund to utilize an amount not to exceed ten dollars ($10) per employee per year from Welfare Fund contributions to help defray the costs of health insurance and pension counselling for such employees.