FOR SIMCOE COUNTY. Effective May 1st, 2013:
(i) for employees with Six Thousand Seven Hundred and Fifty Dollars ($6,750.00) or fewer dollars in their Health Plan dollar bank, four dollars and eighty cents ($4.80) plus retail sales tax (RST) at the applicable rate on these contributions to the Health Plan and five dollars and seventy cents ($5.70) to the Pension Plan;
(ii) for employees with more than Six Thousand Seven Hundred and Fifty Dollars ($6,750.00) in their Health Plan dollar bank, ten dollars and fifty cents ($10.50) to the Pension Plan for Benefits and 8% of contributions to be applied towards the cost of administering the Pension Plan and nil ($0.00) to the Health Plan. Effective May 1st, 2014:
(i) for employees with Six Thousand Seven Hundred and Fifty Dollars ($6,750.00) or fewer dollars in their Health Plan dollar bank, five dollars and zero cents ($5.00) plus retail sales tax (RST) at the applicable rate on these contributions to the Health Plan and five dollars and eighty cents ($5.80) to the Pension Plan;
(ii) for employees with more than Six Thousand Seven Hundred and Fifty Dollars ($6,750.00) in their Health Plan dollar bank, ten dollars and eighty cents ($10.80) to the Pension Plan for Benefits and 8% of contributions to be applied towards the cost of administering the Pension Plan and nil ($0.00) to the Health Plan. Effective May 1st, 2015:
(i) for employees with Six Thousand Seven Hundred and Fifty Dollars ($6,750.00) or fewer dollars in their Health Plan dollar bank, five dollars and twenty cents ($5.20) plus retail sales tax (RST) at the applicable rate on these contributions to the Health Plan and five dollars and ninety-two cents ($5.92) to the Pension Plan;
(ii) for employees with more than Six Thousand Seven Hundred and Fifty Dollars ($6,750.00) in their Health Plan dollar bank, eleven dollars and twelve cents ($11.12) to the Pension Plan for Benefits and 8% of contributions to be applied towards the cost of administering the Pension Plan and nil ($0.00) to the Health Plan. Effective on and after January 1, 2009, the amount Six Thousand Seven Hundred and Fifty Dollars ($6,750.00) in a Member’s Health Plan dollar bank noted in (i) and (ii) above shall be redetermined from time to time as determined by a duly constituted motion passed by the Board of Trustees of the International Union of Operating Engineers, Local 793 Members Life and Health Benefit Trust of Ontario, and as conveyed to the administrator.
1. To make contributions to the said Plan in...
