Common use of Contribution Rate Clause in Contracts

Contribution Rate. (a) 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." Effective May 1, 2006, the Employer shall contribute to the Pension Trust each and every benefit month a sum of money equal to $1.55 per hour for each hour worked by all Covered Employees during the wage month. Effective April 30, 2007, the contribution shall increase to $1.60 per hour. Effective April 28, 2008, the contribution shall increase to $1.65 per hour. (b) For purposes of determining the pension contribution, employees on seasonal winter layoff (as described in section 12.6 only) will be credited with one (1) hour for every two (2) hours of the scheduled work hours during the seasonal winter layoff period.

Contribution Rate. (a) 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." Effective May 1, 2006, the The Employer shall contribute to the Pension Trust each and every benefit month a sum of money equal to $1.55 1.20 per hour for each hour worked by all Covered Employees during the wage month. Effective April 30, 20072001, the contribution shall increase to $1.60 1.25 per hour. Effective April 2829, 20082002, the contribution shall increase to $1.65 1.30 per hour. (b) For purposes of determining the pension contribution, employees on seasonal winter layoff (as described in section 12.6 only) will be credited with one (1) hour for every two (2) hours of the scheduled work hours during the seasonal winter layoff period.

Contribution Rate. (a) 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." Effective May 1effective April 28, 2006, the 2003. The Employer shall contribute to the Pension Trust each and every benefit month a sum of money equal to $1.55 1.35 per hour for each hour worked by all Covered Employees during the wage month. Effective April 3026, 20072004, the contribution shall increase to $1.60 1.40 per hour. Effective April 2825, 20082005, the contribution shall increase to $1.65 1.45 per hour. (b) For purposes of determining the pension contribution, employees on seasonal winter layoff (as described in section 12.6 only) will be credited with one (1) hour for every two (2) hours of the scheduled work hours during the seasonal winter layoff period.

Contribution Rate. (a) 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." ". Effective May 1April 26, 20062009, the Employer shall contribute to the Pension Trust each and every benefit month a sum of money equal to $1.55 1.70 per hour for each hour worked by all Covered Employees during the wage month. Effective April 30May 2, 20072010, the contribution shall increase to $1.60 1.75 per hour. Effective April 28May 1, 20082011, the contribution shall increase to $1.65 1.80 per hour. (b) For purposes of determining the pension contribution, employees on seasonal winter layoff (as described in section 12.6 only) will be credited with one (1) hour for every two (2) hours of the scheduled work hours during the seasonal winter layoff period.