Common use of Health and Welfare Contribution Increases Clause in Contracts

Health and Welfare Contribution Increases. Effective August 1, 2018 and each August 1 thereafter during the life of the agreement, the Company shall increase its contribution by the amount determined by the Funds, as being necessary to maintain benefits and/or comply with legally mandated benefit levels, not to exceed an increase of up to $0.50 per hour (or weekly/monthly equivalent) per year. Once a Fund issues a determination that an increase is reasonably necessary to maintain benefits in a given year, the increase shall become due and owing upon written notice from the Fund to the Company, provided the combined Health and Welfare increase does not exceed $0.50 per hour. The Article 20 approval process is no longer required. If the Company refuses to honor a request for an increase from the applicable Fund, the matter shall proceed directly to the National Grievance Committee for consideration. If the National Grievance Committee deadlocks, the request of the Fund shall prevail and be honored by the Company. Failure to comply within seventy-two (72) hours shall constitute an immediate delinquency. For the following funds, however, the following fixed guaranteed contribution rate increases shall apply: Central States Health - Teamcare Western Teamsters Welfare Trust (WTWT) Central Pennsylvania Health Plan Local 710 Health Plan Local 705 Health Plan Local 179 Health Plan Local 673 Health Plan August 1, 2018-increase $0.39 per hour August 1, 2019-increase $0.40 per hour August 1, 2020-increase $0.42 per hour August 1, 2021-increase $0.50 per hour August 1, 2022-increase $0.50 per hour Monthly, daily and/or hourly contributions shall be converted from the hourly contributions in accordance with past practice. The trigger in all Supplements for qualifying for a week’s health and welfare contribution will remain three days, except for supplements that have a longer requirement. Those Supplements on an hourly contribution will continue their respective practices. The trigger for the obligation to make health & welfare contributions in Supplements that provide for a monthly-based contribution shall remain the same.

Appears in 2 contracts

Samples: National Master Freight Agreement (Arcbest Corp /De/), Abf National Master Freight Agreement

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Health and Welfare Contribution Increases. Effective August 1, 2018 and each August 1 thereafter during the life of the agreement, the Company shall increase its contribution by the amount determined by the Funds, as being necessary to maintain benefits and/or comply with legally mandated benefit levels, not to exceed an increase of up to $0.50 per hour (or weekly/monthly equivalent) per year. Once a Fund issues a determination that an increase is reasonably necessary to maintain benefits in a given year, the increase shall become due and owing upon written notice from the Fund to the Company, provided the combined Health and Welfare increase does not exceed $0.50 per hour. The Article 20 approval process is no longer required. If the Company refuses to honor a request for an increase from the applicable Fund, the matter shall proceed directly to the National Grievance Committee for consideration. If the National Grievance Committee deadlocks, the request of the Fund shall prevail and be honored by the Company. Failure to comply within seventy-two (72) hours shall constitute an immediate delinquency. Effective 2023 (on the date previously established by the parties for payment of increases for the applicable funds but no later than August 1 of each year) the company shall also contribute an additional $0.83 per hour to be split between the applicable health and welfare and pension funds as determined by the Union Supplemental negotiating committee. For 2024 the increase shall be $0.63 per hour; for 2025 the increase shall be $0.80 per hour; for 2026 the increase shall be $0.99 per hour and for 2027 the increase shall be $1.21per hour. ​ For the following funds, however, the following fixed guaranteed contribution rate increases shall apply: Central States Health - Teamcare Western Teamsters Welfare Trust (WTWT) Central Pennsylvania Health Plan Local 710 Health Plan Local 705 Health Plan Local 179 Health Plan Local 673 Health Plan August 1, 2018-2018 – increase $0.39 per hour August 1, 2019-2019 – increase $0.40 per hour August 1, 2020-2020 – increase $0.42 per hour August 1, 2021-2021 – increase $0.50 per hour August 1, 2022-2022 – increase $0.50 per hour Monthly, daily and/or hourly contributions shall be converted from the hourly contributions in accordance with past practice. The trigger in all Supplements for qualifying for a week’s health and welfare contribution will remain three days, except for supplements that have a longer requirement. Those Supplements on an hourly contribution will continue their respective practices. The trigger for the obligation to make health & welfare contributions in Supplements that provide for a monthly-based contribution shall remain the same.

Appears in 1 contract

Samples: Master Freight Agreement (Arcbest Corp /De/)

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Health and Welfare Contribution Increases. Effective August 1, 2018 and each August 1 thereafter during the life of the agreement, the Company shall increase its contribution by the amount determined deter- mined by the Funds, as being necessary to maintain benefits and/or comply with legally mandated benefit levels, not to exceed an increase in- crease of up to $0.50 per hour (or weekly/monthly equivalent) per year. Once a Fund issues a determination that an increase is reasonably reason- ably necessary to maintain benefits in a given year, the increase shall become due and owing upon written notice from the Fund to the Company, provided the combined Health and Welfare increase does not exceed $0.50 per hour. The Article 20 approval process is no longer required. If the Company refuses to honor a request for an increase from the applicable Fund, the matter shall proceed directly to the National Grievance Committee for consideration. If the National Na- tional Grievance Committee deadlocks, the request of the Fund shall prevail and be honored by the Company. Failure to comply within seventy-two (72) hours shall constitute an immediate delinquency. For the following funds, however, the following fixed guaranteed contribution rate increases shall apply: Central States Health - Teamcare Western Teamsters Welfare Trust (WTWT) Central Pennsylvania Health Plan Local 710 Health Plan Local 705 Health Plan Local 179 Health Plan Local 673 Health Plan ​ ​ ADDENDUM D August 1, 2018-2018 – increase $0.39 per hour August 1, 2019-2019 – increase $0.40 per hour August 1, 2020-2020 – increase $0.42 per hour August 1, 2021-2021 – increase $0.50 per hour August 1, 2022-2022 – increase $0.50 per hour Monthly, daily and/or hourly contributions shall be converted from the hourly contributions in accordance with past practice. The trigger in all Supplements for qualifying for a week’s health and welfare contribution will remain three days, except for supplements that have a longer requirement. Those Supplements on an hourly contribution con- tribution will continue their respective practices. The trigger for the obligation to make health & welfare contributions in Supplements that provide for a monthly-based contribution shall remain the same.

Appears in 1 contract

Samples: Arcbest Corp /De/

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