FRINGE BENEFIT FUNDS Sample Clauses
FRINGE BENEFIT FUNDS. 1. The Employer acknowledges the fringe benefit funds (collectively known as the "Funds") that have been created by prior collective bargaining agreements and include the New Jersey Carpenters Funds, the New Jersey Carpenters Apprentice Training and Educational Fund, and the New Jersey Carpenters Contractors Trust.
2. Each of the Funds is managed by an equal number of Employer and Union designated Trustees in accordance with Agreement and Declarations of Trusts which govern the operation of the Funds. Any Employer party to this Agreement and not a member of the Association agrees that the Employer Trustees shall represent it on the Boards of Trustees of the Funds.
3. The Funds shall be governed by the relevant state and federal laws in a manner consistent with the purpose of remaining tax-exempt employee benefit funds as approved by the Internal Revenue Service.
4. Any Employer party to this Agreement explicitly and expressly agrees to all of the terms and conditions of the Agreements and Declarations of Trust governing the Funds and the Plans relating to each Fund as if these documents were set forth at length herein.
5. Notwithstanding the termination of this Agreement at any time in the future and pending negotiations for a new agreement, each Employer agrees to continue to pay to the respective Funds, if any Employees represented by the Union are in their employ, contributions on behalf of such Employees in an amount not less than as stipulated herein.
6. If any Employer defaults in the payment of his contributions to the Funds as stipulated herein or is in violation of the rules of collection set by the Trustees of the Funds, the Union may consider such defaults as a breach of this Agreement and may terminate this Agreement as to such defaulting Employer.
FRINGE BENEFIT FUNDS. The Employer agrees to participate in and make contributions towards the appropriate fringe benefit funds (the “Fringe Benefit Funds”) as set forth in the attached Appendices, the contents of which are hereby incorporated herein.
FRINGE BENEFIT FUNDS. All contributions and deductions to the WI Laborers’ Fringe Benefit Funds can be paid with one check payable to: WI Laborers’ Fringe Benefit Funds.
FRINGE BENEFIT FUNDS. In the event the Board of Trustees determines the necessity of an increased contribution, said Board of Trustees shall notify Local 841, and Local 841 shall in tum notify AGC of Illinois in writing of such increase not less than thirty (30) days prior to each anniversary date of this Agreement. Any increase in employer contribution shall come out of the total increase negotiated for that period, whereupon an addendum in writing describing such change(s) shall be incorporated into this Agreement. It is understood that there shall be no transfer or redistribution of wages into fringe benefits except on the anniversary dates of this Agreement and under no circumstances can monies be deducted from the basic labor rate, as such is prohibited by the Illinois Department of Labor. For purposes of this clause only, anniversary dates are April 1, 2019, April 1, 2020, and April 1, 2021.
FRINGE BENEFIT FUNDS. The Trustees of the Upstate New York Engineers Pension Fund adopted a Rehabilitation Plan on June 7, 2010. Thereafter, the Trustees of the Upstate New York Engineers Pension Fund provided to the parties the schedules adopted as part of the Rehabilitation Plan. The parties have negotiated and have adopted the schedule designated in the Rehabilitation Plan as the Preferred Schedule. That schedule is incorporated by reference into this collective bargaining agreement. Pursuant to such schedule, the parties, in addition to agreeing to the revised benefit structures set forth therein, also agree to contributions to the Upstate New York Engineers Pension Fund as provided for in this agreement, which amounts are no less than those referenced in the Preferred Schedule. Any and all additional pension fund allocations are included as part of the negotiated increases as per the appropriate appendices. A delinquency list shall be circulated on a monthly basis to the parties of this agreement.
Section 1. The Upstate New York Engineers Health Fund, Upstate New York Engineers Pension Fund, Upstate New York Engineers Training Fund, Local 106 Training and Apprenticeship Fund and the Central Pension Fund and the Administration and Safety Programs (jointly referred to as “Funds”) shall be administered pursuant to provisions of Agreements and Declarations of Trust of the respective Funds, the Collection Policy, the Mistaken Contribution Policy, and the Withdrawal Liability Policy (jointly referred to as “Policies”) established by the various Funds’ Trustees, and shall be in compliance with the requirements of State and Federal laws governing and regulating such trusts. Such Agreements and Declarations of Trust and Policies, together with any amendments to the Trusts or Policies, are hereby incorporated herein by reference as if fully set forth herein. The parties to this Collective Bargaining Agreement hereby agree that the signing of this Agreement shall constitute an obligation to be bound by the terms and conditions of said Agreements and Declarations of Trust of the Funds, the Collection Policy, the Withdrawal Policy, and the Mistaken Contribution Policy, as if said Agreements and Declarations of Trust of the Funds and Policies were fully set forth herein and made a part thereof.
Section 2. It is agreed that each Employer shall contribute the amount shown in the appropriate appendices per hour for each hour worked by Employees covered by this Agreement. See District 106 a...
FRINGE BENEFIT FUNDS. (A) All Funds have been established, approved and operated jointly by the Union and the Association.
(B) These Funds are for the benefit of the Tile Setters and Tile Finishers, and are to be used for the established purposes only.
(C) All fringe benefit fund contributions shall be paid on the basis of Tile Setter/Finisher hours paid for, except that IPF, IMI, Tile Promotion and Local Pension shall be paid on the basis of hours worked.
(D) Elected full time officers of the Union and Employees of the Union may participate in the Funds and the International Union of Bricklayers and Allied Crafts Pension Fund (I.U. Pension Fund) provided contributions are paid to these Funds on their behalf in the same manner as other covered Employees.
(E) Employers shall provide for the coverage of Tile Setters/Finishers in their employ with disability insurance in accordance with the requirements of the law of the State in which they are employed.
(F) Payments by Employers to all Funds shall be submitted via contribution receipts under the contribution receipt system (CRS) administered by the Fund Administrator on behalf of the Trustees of the respective Funds, containing such data as the Trustees may from time to time determine in their discretion to be necessary. Employers must file contribution receipts whether or not Employees are performing Tile Setters/Finishers work during any particular period.
(G) The books and records of the Employer shall be made available at all reasonable times for inspection, copying and audit by, but not limited to, the accountant, outside independent auditors or other representatives of the Trustees of the Funds. The Employer shall be required to disclose upon such audits all books and records, including but not limited to all payrolls and payroll ledgers, including New York payrolls, New Jersey payrolls, Connecticut payrolls, computer payroll printouts, W-2 forms, Quarterly Federal payroll tax returns (Form 941), quarterly state payroll tax returns, annual Federal and State tax returns, cash disbursements, journals, purchase journals, New York State employment records, insurance company reports, Employer remittance reports, payroll and supporting checks, ledgers, vouchers, 1099 Forms, evidence of unemployment disability insurance premiums, certification of workers compensation coverage, checks in support hereof and any other documentation concerning payrolls. In addition, the aforementioned books and records of any affiliate, subsidiary, al...
FRINGE BENEFIT FUNDS. The Employer agrees to pay all fringe benefits covered by this agreement on a weekly basis unless prior written permission for monthly payments is granted by the Fund Administrator, Trustees, or authorized Union representative. Employer contributions shall be paid by check or other written order for payment of money and made payable to applicable funds. Failure to make said contributions will subject the Employer to any and all recourse provided the fund trustees. Any one of the Union’s authorized representatives has the authority to enforce Trust Agreement conditions provided for insuring prompt payment of fringe benefits contributions. In the event that the employees have to be stopped from a job site because of the failure of the Employer to pay required fringe benefits as set out in this Agreement, those employees shall be paid for all time lost until the said fringe benefits shall have been paid as evidenced by a signed receipt from the Fund Administrator's office. Provided, however, that no enforcement will be instituted against the Employer when reporting on a monthly basis until five (5) days after receipt of notice by the Employer. Delinquent notice shall be given by certified mail, return receipt requested.
FRINGE BENEFIT FUNDS. In the event the Board of Trustees determines the necessity of an increased employee contribution and in the event said Board notifies its appropriate Local Union and the Employer of such determination and the effective date, said contributions shall be increased in the amount determined by the Board of Trustees. It is agreed that the Board of Trustees will notify the AGC of Indiana, Inc. (AGCI) in writing of any such increase sixty (60) days prior to taking final action on the increase. Any increase in employer contribution pursuant to this Article shall result in a corresponding decrease in the same amount in the straight time hourly rate.
FRINGE BENEFIT FUNDS. Contemporaneously with the execution of this Trade Agreement, the parties have entered into trust agreements establishing the following trust funds:
FRINGE BENEFIT FUNDS. In the event the Board of Trustees determines the necessity of an increased employee contribution and in the event said Board notifies its appropriate Local Union and the Employer of such determination and the effective date, said contributions shall be increased in the amount determined by the Board of Trustees. It is agreed that the Board of Trustees will notify the Building Division – ICA, Inc. in writing of any such increase sixty (60) days prior to taking final action on the increase. Any increase in employer contribution pursuant to this Article shall result in a corresponding decrease in the same amount in the straight time hourly rate.
