Common use of Employee Contribution Increases Clause in Contracts

Employee Contribution Increases. $0 Wages per hour (Top and over scale increases): Effective as of dates noted below following ratification: Full-time Oct. 6, 2019 + $ .50 Oct. 4, 2020 + $ .55 Oct. 3, 2021 + $ .60 Part-time May 5, 2019 + $ .20 April 5, 2020 + $ .30 April 4, 2021 + $ .40 H&W Language: Add: It is agreed that in the event that net reserves (net of IBNR and all Liabilities) of the Fund fall below one and one half (1.5) months as of October 1, 2019 or in a month thereafter for the life of this agreement, then the Trustees will determine the needed plan design changes required to maintain a minimum of one and one half (1.5) months net reserves (net of IBNR and all Liabilities) at no additional cost for Employers. Eligible participants will be allowed to vote between either a plan reduction or participant contribution increases to maintain the plan and achieve the net reserves. Trustees will agree to implement the resulting changes. Add: Life insurance ($5,000) and Accidental Death and Dismemberment benefit ($1,000) for all part-time employees who do not currently receive this benefit. Employer will contribute $1.25 per month for those part- time employees with one year of completed service and in classifications for whom no Health & Welfare payment is currently made, effective January 1, 2020. (Note that employees who receive Health and Welfare benefits already have this benefit).

Employee Contribution Increases. $0 Wages per hour (Top and over scale increases): Effective as of dates noted below following ratification: Full-time Oct. 67, 2019 + $ .50 Oct. 45, 2020 + $ .55 Oct. 34, 2021 + $ .60 Part-time May 56, 2019 + $ .20 April 56, 2020 + $ .30 April 45, 2021 + $ .40 H&W Language: Add: It is agreed that in the event that net reserves (net of IBNR and all Liabilities) of the Fund fall below one and one half (1.5) months as of October 1, 2019 or in a month thereafter for the life of this agreement, then the Trustees will determine the needed plan design changes required to maintain a minimum of one and one half (1.5) months net reserves (net of IBNR and all Liabilities) at no additional cost for Employers. Eligible participants will be allowed to vote between either a plan reduction or participant contribution increases to maintain the plan and achieve the net reserves. Trustees will agree to implement the resulting changes. Add: Life insurance ($5,000) and Accidental Death and Dismemberment benefit ($1,000) for all part-time employees who do not currently receive this benefit. Employer will contribute $1.25 per month for those part- time employees with one year of completed service and in classifications for whom no Health & Welfare payment is currently made, effective January 1, 2020. (Note that employees who receive Health and Welfare benefits already have this benefit).

Employee Contribution Increases. $0 Wages per hour (Top and over scale increases): Effective as of dates noted below following ratification: Full-time Main Scale Oct. 6, 2019 + $ .50 Oct. 4, 2020 + $ .55 Oct. 3, 2021 + $ .60 PartPrime-time Scale May 5, 2019 + $ .20 April 5, 2020 + $ .30 April 4, 2021 + $ .40 H&W Language: Add: It is agreed that in the event that net reserves (net of IBNR and all Liabilities) of the Fund fall below one and one half (1.5) months as of October 1, 2019 or in a month thereafter for the life of this agreement, then the Trustees will determine the needed plan design changes required to maintain a minimum of one and one half (1.5) months net reserves (net of IBNR and all Liabilities) at no additional cost for Employers. Eligible participants will be allowed to vote between either a plan reduction or participant contribution increases to maintain the plan and achieve the net reserves. Trustees will agree to implement the resulting changes. Add: Life insurance ($5,000) and Accidental Death and Dismemberment benefit ($1,000) for all part-time employees who do not currently receive this benefit. Employer will contribute $1.25 per month for those part- time employees with one year of completed service and in classifications for whom no Health & Welfare payment is currently made, effective January 1, 2020. (Note that employees who receive Health and Welfare benefits already have this benefit).