Common use of Benefits Plan and Pension Plan Clause in Contracts

Benefits Plan and Pension Plan. Effective May 1, 2013 the Employer shall make contributions at the rate of two dollars ($2.25) per hour for which wages are earned hereunder to each employee within the scope of this Agreement to the Operating Engineers' Benefits Plan. The Benefits Plan contribution shall be increased as follows: Effective May 1, 2014 $2.30 per hour Effective May 1, 2015 $2.35 per hour This contribution will be based on hours earned, i.e. double time = double contributions. Effective May 1, 2013 the Employer shall make contributions at the rate of six dollars ($6.00) per hour for which wages are earned hereunder to each employee within the scope of this Agreement to the Operating Engineers' Pension Plan. The pension plan contribution shall be increased as follows: Effective May 1, 2014 $6.25 per hour Effective May 1, 2015 $6.50 per hour This contribution will be based on hours earned, i.e. double time = double contributions. The Operating Engineers' Benefits Plan and Pension Plan shall be controlled by a Board of Trustees composed of eight (8) representatives designated by the Union. The Employer agrees to be bound by the terms of the Trust Agreement. The Employer is required to report on the forms provided by the Benefits Plan and Pension Plan. Contributions must be forwarded by the Employer to the Operating Engineers' Benefits Plan and Pension Plan by the fifteenth (15th) day of the month following that which contributions cover. In the event an Employer fails to remit contributions to this Plan, in conformity with this section of the Agreement, the Union is free to take any economic action it deems necessary against such Employer, and such action shall not be considered a violation of this Agreement. The Member Representative of Local 115 may inspect, during regular business hours, an Employer's record of time worked by employees and contributions made to the Plan. Payments to the Benefits Plan and Pension Plan shall be made by cheque, payable at par at Burnaby, Province of British Columbia, to the Operating Engineers' Benefits Plan and Pension Plan. Other personnel of the Employers party to this Agreement may become Associate Members as provided for in the Trust Agreement and will be subject to the regulations as provided by the Trustees from time to time. Benefits which will be provided under this Plan are as follows: (a) Medical surgical benefits; (b) Weekly Indemnity benefits for non-occupational sickness and accident; (c) Pension Plan; and (d) such additional benefits as the Trustees of the Plan shall periodically determine.

Benefits Plan and Pension Plan. Effective May 1, 2013 2008 the Employer shall make contributions at the rate of two dollars ($2.252.00) per hour for which wages are earned hereunder to each employee within the scope of this Agreement to the Operating Engineers' Benefits Plan. The Benefits Plan contribution shall be increased as follows: Effective May 1, 2014 $2.30 per hour Effective May 1, 2015 $2.35 per hour This contribution will be based on hours earned, i.e. double time = double contributions. Effective May 1, 2013 2008 the Employer shall make contributions at the rate of six four dollars and ninety-five cents ($6.004.95) per hour for which wages are earned hereunder to each employee within the scope of this Agreement to the Operating Engineers' Pension Plan. The pension plan contribution shall be increased as follows: Effective May 1, 2014 $6.25 per hour Effective May 1, 2015 $6.50 per hour This contribution will be based on hours earned, i.e. double time = double contributions. The Operating Engineers' Benefits Plan and Pension Plan shall be controlled by a Board of Trustees composed of eight (8) representatives designated by the Union. The Employer agrees to be bound by the terms of the Trust Agreement. The Employer is required to report on the forms provided by the Benefits Plan and Pension Plan. Contributions must be forwarded by the Employer to the Operating Engineers' Benefits Plan and Pension Plan by the fifteenth (15th) day of the month following that which contributions cover. In the event an Employer fails to remit contributions to this Plan, in conformity with this section of the Agreement, the Union is free to take any economic action it deems necessary against such Employer, and such action shall not be considered a violation of this Agreement. The Member Representative of Local 115 may inspect, during regular business hours, an Employer's record of time worked by employees and contributions made to the Plan. Payments to the Benefits Plan and Pension Plan shall be made by cheque, payable at par at Burnaby, Province of British Columbia, to the Operating Engineers' Benefits Plan and Pension Plan. Other personnel of the Employers party to this Agreement may become Associate Members as provided for in the Trust Agreement and will be subject to the regulations as provided by the Trustees from time to time. Benefits which will be provided under this Plan are as follows: (a) Medical surgical benefits; (b) Weekly Indemnity benefits for non-occupational sickness and accident; (c) Pension Plan; and (d) such additional benefits as the Trustees of the Plan shall periodically determine.

Benefits Plan and Pension Plan. Effective May 1, 2013 the The Employer shall make contributions at the rate of two dollars ($2.25) set forth in Schedule “A” per hour for which wages are earned hereunder to each employee Employee within the scope of this Agreement to the Operating Engineers' Benefits Plan. The Benefits Plan contribution shall be increased as follows: Effective May 1, 2014 $2.30 per hour Effective May 1, 2015 $2.35 per hour This contribution will be based on hours earned, i.e. double time = double contributions. Effective May 1, 2013 the The Employer shall make contributions at the rate of six dollars ($6.00) set forth in Schedule “A” per hour for which wages are earned hereunder to each employee Employee within the scope of this Agreement to the Operating Engineers' Pension Plan. The pension plan contribution shall be increased as follows: Effective May 1, 2014 $6.25 per hour Effective May 1, 2015 $6.50 per hour This contribution will be based on hours earned, i.e. double time = double contributions. The Operating Engineers' Benefits Plan and Pension Plan shall be controlled by a Board of Trustees composed of eight (8) representatives designated by the Union. The Employer agrees to be bound by the terms of the Trust Agreement. The Employer is required to report on the forms provided by the Benefits Plan and Pension Plan. Contributions must be forwarded by the Employer to the Operating Engineers' Benefits Plan and Pension Plan by the fifteenth (15th) day of the month following that which contributions cover. In the event an Employer fails to remit contributions to this Plan, in conformity with this section of the Agreement, the Union is free to take any economic action it deems necessary against such Employer, and such action shall not be considered a violation of this Agreement. The Member Business Representative of Local 115 may inspect, upon appointment (within 48 hours) and during regular business hours, an Employer's record of time worked by employees Employees and contributions made to the Plan. Payments to the Benefits Plan and Pension Plan shall be made by cheque, payable at par at Burnaby, Province of British Columbia, to the Operating Engineers' Benefits Plan and Pension Plan. Other personnel of the Employers party Party to this Agreement may become Associate Members as provided for in the Trust Agreement and will be subject to the regulations as provided by the Trustees from time to time. Benefits which will be provided under this Plan are as follows: (a) Medical surgical benefits; (b) Weekly Indemnity benefits for non-occupational sickness and accident; (c) Pension Plan; and (d) such additional benefits as the Trustees of the Plan shall periodically determine. The Union in consultation with the administrator, board of trustees, actuary, and consultants of the Operating Engineers Benefits and Pension Plans (the "Plans") may in the best interest of the Plan participants and beneficiaries reapportion those contributions received as provided for in the Schedule of Employer/Employee Contributions.

Benefits Plan and Pension Plan. Effective May 1, 2013 2008 the Employer shall make contributions at the rate of two dollars ($2.252.00) per hour for which wages are earned hereunder to each employee within the scope of this Agreement to the Operating Engineers' Benefits Plan. The Benefits Plan contribution shall be increased as follows: Effective May 1, 2014 2009 $2.30 2.05 per hour Effective May 1, 2015 2010 $2.35 2.10 per hour Effective May 1, 2011 $2.15 per hour Effective May 1, 2012 $2.20 per hour This contribution will be based on hours earned, i.e. double time = double contributions. Effective May 1, 2013 2008 the Employer shall make contributions at the rate of six four dollars and ninety-five cents ($6.004.95) per hour for which wages are earned hereunder to each employee within the scope of this Agreement to the Operating Engineers' Pension Plan. The pension plan contribution shall be increased as follows: Effective May 1, 2014 2009 $6.25 5.15 per hour Effective May 1, 2015 2010 $6.50 5.35 per hour Effective May 1, 2011 $5.55 per hour Effective May 1, 2012 $5.75 per hour This contribution will be based on hours earned, i.e. double time = double contributions. The Operating Engineers' Benefits Plan and Pension Plan shall be controlled by a Board of Trustees composed of eight (8) representatives designated by the Union. The Employer agrees to be bound by the terms of the Trust Agreement. The Employer is required to report on the forms provided by the Benefits Plan and Pension Plan. Contributions must be forwarded by the Employer to the Operating Engineers' Benefits Plan and Pension Plan by the fifteenth (15th) day of the month following that which contributions cover. In the event an Employer fails to remit contributions to this Plan, in conformity with this section of the Agreement, the Union is free to take any economic action it deems necessary against such Employer, and such action shall not be considered a violation of this Agreement. The Member Representative of Local 115 may inspect, during regular business hours, an Employer's record of time worked by employees and contributions made to the Plan. Payments to the Benefits Plan and Pension Plan shall be made by cheque, payable at par at Burnaby, Province of British Columbia, to the Operating Engineers' Benefits Plan and Pension Plan. Other personnel of the Employers party to this Agreement may become Associate Members as provided for in the Trust Agreement and will be subject to the regulations as provided by the Trustees from time to time. Benefits which will be provided under this Plan are as follows: (a) Medical surgical benefits; (b) Weekly Indemnity benefits for non-occupational sickness and accident; (c) Pension Plan; and (d) such additional benefits as the Trustees of the Plan shall periodically determine.

Benefits Plan and Pension Plan. Effective May 1, 2013 the The Employer shall make contributions at the rate of two dollars and seventy cents ($2.252. 70) per hour for which wages are earned hereunder to worked by each employee Employee within the scope of this Agreement to the Operating Engineers' Benefits Plan. The Benefits Plan contribution shall be increased as follows: Effective May 1, 2014 $2.30 per hour Effective May 1, 2015 $2.35 per hour This contribution will be based on hours earned, i.e. double time = double contributions. Effective May 1, 2013 the Employer shall make contributions at the rate of six dollars and fifteen cents ($6.006.15) per hour for which wages are earned hereunder to worked by each employee Employee within the scope of this Agreement to the Operating Engineers' Pension Plan. The pension plan contribution shall be increased as follows: Effective May 1, 2014 $6.25 per hour Effective May 1, 2015 $6.50 per hour This contribution will be based on hours earned, i.e. double time = double contributions. The Operating Engineers' Benefits Plan and Pension Plan shall be controlled by a Board of Trustees composed of eight (8) representatives designated by the Union. The Employer agrees to be bound by the terms of the Trust Agreement. The Employer is required to report on the forms provided by the Benefits Plan and Pension Plan. Contributions must be forwarded by the Employer to the Operating Engineers' Benefits Plan and Pension Plan by the fifteenth (15th) day of the month following that which contributions cover. In the event an Employer fails to remit contributions to this Plan, in conformity with this section Section of the Agreement, the Union is free to take any economic action it deems necessary against such Employer, and such action shall not be considered a violation of this Agreement. The Member Business Representative of Local 115 may inspect, during regular business hours, an Employer's record of time worked by employees Employees and contributions made to the Plan. Payments to the Benefits Plan and Pension Plan shall be made by cheque, payable at par at Burnaby, Province of British Columbia, to the Operating Engineers' Benefits Plan and Pension Plan. Other personnel of the Employers party to this Agreement may become Associate Members as provided for in the Trust Agreement and will be subject to the regulations as provided by the Trustees from time to time. Benefits which will be provided under this Plan are as follows: (a) Medical surgical benefits; (b) Weekly Indemnity benefits for non-occupational sickness and accident; (c) Pension Plan; and (d) such additional benefits as the Trustees of the Plan shall periodically determine.;