Common use of Contribution Rate Clause in Contracts

Contribution Rate. The month for which the contribution is due is referred to as the "benefit month" and the month prior to the benefit month is referred to as the "wage month." The Employer shall contribute to the Pension Trust each and every benefit month a sum of money equal to $1.35 per hour for each hour worked by all Covered Employees during the wage month. Effective April 26, 2004, the contribution shall increase to $1.40 per hour. Effective April 25, 2005, the contribution shall increase to $1.45 per hour.

Appears in 1 contract

Samples: Collective Bargaining Agreement (Rock of Ages Corp)

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Contribution Rate. The month for which the contribution is due is referred to as the "benefit month" and the month prior to the benefit month is referred to as the "wage month." The Employer shall contribute to the Pension Trust each and every benefit month a sum of money equal to $1.35 1.55 per hour for each hour worked by all Covered Employees during the wage month. Effective April 2630, 20042007, the contribution shall increase to $1.40 1.60 per hour. Effective April 2528, 20052008, the contribution shall increase to $1.45 1.65 per hour.

Appears in 1 contract

Samples: Collective Bargaining Agreement (Rock of Ages Corp)

Contribution Rate. The month for which the contribution is due is referred to as the "benefit month," and the month prior to the benefit month is referred to as the "wage month." The Employer shall contribute to the Pension Trust each and every benefit month a sum of money equal to $1.35 1.70 per hour for each hour worked by all Covered Employees during the wage month. Effective April 26, 2004, the The pension contribution shall increase by $.05 in year two of the contract to a total contribution of $1.40 per hour. Effective April 25, 2005, the contribution shall increase to $1.45 1.75 per hour.

Appears in 1 contract

Samples: Manufacturing Agreement (Rock of Ages Corp)

Contribution Rate. The month for which the contribution is due is referred to as the "benefit month" and the month prior to the benefit month is referred to as the "wage month." The Effective May 3rd, 2009, the Employer shall contribute to the Pension Trust each and every benefit month a sum of money equal to $1.35 1.70 per hour for each hour worked by all Covered Employees during the wage month. Effective April 26May 2, 20042010, the contribution shall increase to $1.40 per hour. Effective April 25, 2005, the contribution shall increase to $1.45 1.75 per hour.

Appears in 1 contract

Samples: Collective Bargaining Agreement (Rock of Ages Corp)

Contribution Rate. The month for which the contribution is due is referred to as the "benefit month" and the month prior to the benefit month is referred to as the "wage month." The Employer shall contribute to the Pension Trust each and every benefit month a sum of money equal to $1.35 1.20 per hour for each hour worked by all Covered Employees during the wage month. Effective April 2630, 20042001, the contribution shall increase to $1.40 1.25 per hour. Effective April 2529, 20052002, the contribution shall increase to $1.45 1.30 per hour.

Appears in 1 contract

Samples: Employment Agreement (Rock of Ages Corp)

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Contribution Rate. The month for which the contribution is due is referred to as the "benefit month," and the month prior to the benefit month is referred to as the "wage month." The Employer shall contribute to the Pension Trust each and every benefit month a sum of money equal to $1.35 per hour for each hour worked by all Covered Employees during the wage month. Effective April 26, 2004, the contribution shall increase to $1.40 per hour. Effective April 25, 2005, the contribution shall increase to $1.45 per hour.

Appears in 1 contract

Samples: Assignment (Rock of Ages Corp)

Contribution Rate. The month for which the contribution is due is referred to as the "benefit month," and the month prior to the benefit month is referred to as the "wage month." The Employer shall contribute to the Pension Trust each and every benefit month a sum of money equal to $1.35 1.20 per hour for each hour worked by all Covered Employees during the wage month. Effective April 2628, 20042001, the contribution shall increase to $1.40 1.25 per hour. Effective April 2527, 20052002, the contribution shall increase to $1.45 1.30 per hour.

Appears in 1 contract

Samples: Employment Agreement (Rock of Ages Corp)

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