ELIGIBILITY CONTRIBUTION. (a) Effective August 1, 2023 the Employer shall pay into a fund established for the purpose of administration of certain benefits known as the Montana Teamsters Employers Trust, UPS Benefits, or its successor, the sum of one thousand one thousand three hundred ninety four dollars ( $1,394.00) per month for each employee who has received compensation for eighty (80) hours or more in the preceding month. The payments will become effective on the first day of August, 2023 for July, 2023 hours worked and shall continue to be made by the Employer into said fund, without cost to the employee, and shall be made on behalf of any employee who has met the above eligibility requirements. Should the premium, on the coverage described herein, increase during the life of this Agreement, including retiree coverage, the Employer shall pay such increases in order to maintain the level of benefits provided.
