Calculation of management’s contribution. When job security costs for the calendar year are below the baseline established under the terms of paragraph a), a contribution, representing 50 % of the difference between the baseline established under the terms of paragraph a) and the cost of job security calculated for the calendar year, is remitted as management’s contribution to the Union Stability account, according to the terms and conditions described in paragraph c) hereunder: The total of this contribution and the Welfare Fund annual contribution specified in Appendix “B” cannot exceed $ 480,000.00 per year;
Calculation of management’s contribution. When job security costs for the calendar year are below the baseline established under the terms of paragraph a), a contribution, representing 50 % of the difference between the baseline established under the terms of paragraph a) and the cost of job security calculated for the calendar year, is remitted as management’s contribution to the Union Stability account, according to the terms and conditions described in paragraph c) hereunder: The total of this contribution and the Welfare Fund annual contribution specified in Appendix “B” cannot exceed $ 480,000.00 per year; *NOTE: The details of the 2020 management’s contribution must be integrated into the "return to work" protocol between the parties following the signature of the new collective bargaining agreement.
