Common use of DISTRICT COUNCIL FUND Clause in Contracts

DISTRICT COUNCIL FUND. Each employer working in the territorial jurisdiction of Local Unions 700, 721, 736, 759, 765, and 786 will deduct and remit the rates detailed under article 30.5 for for each hour earned by employees covered by this Agreement to the Ironworker’s District Council Fund. Effective May 1, 2010, one cent ($0.01) per hour earned will be added to the district council fund for the purpose of funding the Canadian Building Trades which will be forwarded to the Canadian Building Trades department on a monthly basis by the benefit plan administrator. Deductions shall be remitted to the Benefit Plan Administrators post-marked by the 15th of the month following the month in which the hours were worked. If the Employer does not submit as required above an interest charge of fifteen percent (15%) per annum will be charged for any unpaid amount. Such interest charge to be calculated from the due date and continuing until the indebtedness is satisfied. Should expense be incurred for legal or other action required to obtain the assessments or interest due, the Employer shall be liable for any such expense.

DISTRICT COUNCIL FUND. Each employer working in the territorial jurisdiction of Local Unions 700, 721, 736, 759, 765, and 786 will deduct and remit the rates detailed under article 30.5 for for each hour earned by employees covered by this Agreement to the Ironworker’s District Council Fund. Effective May 1, 2010, one cent ($0.01) per hour earned will be added to the district council fund for the purpose of funding the Canadian Building Trades which will be forwarded to the Canadian Building Trades department on a monthly basis by the benefit plan administrator. Deductions shall be remitted to the Benefit Plan Administrators post-marked by the 15th of the month following the month in which the hours were worked. If the Employer does not submit as required above an interest charge of fifteen percent (15%) per annum will be charged for any unpaid amount. Such interest charge to be calculated from the due date and continuing until the indebtedness is satisfied. Should expense be incurred for legal or other action required to obtain the assessments or interest due, the Employer shall be liable for any such expense.

DISTRICT COUNCIL FUND. Each employer working in the territorial jurisdiction of Local Unions 700, 721, 736, 759, 765, and 786 will deduct and remit the 0.75% of package rates detailed under article 30.5 for for each hour earned by employees covered by this Agreement to the Ironworker’s District Council Fund. Effective May 1, 2010, one cent ($0.01) per hour earned will be added to the district council fund for the purpose of funding the Canadian Building Trades which will be forwarded to the Canadian Building Trades department on a monthly basis by the benefit plan administrator. Deductions shall be remitted to the Benefit Plan Administrators post-marked by the 15th of the month following the month in which the hours were worked. If the Employer does not submit as required above an interest charge of fifteen percent (15%) per annum will be charged for any unpaid amount. Such interest charge to be calculated from the due date and continuing until the indebtedness is satisfied. Should expense be incurred for legal or other action required to obtain the assessments or interest due, the Employer shall be liable for any such expense.