Common use of HEALTH AND WELFARE PAYMENTS Clause in Contracts

HEALTH AND WELFARE PAYMENTS. Section 1. Effective July 1, 2018, the Employer agrees to pay the sum of eight dollars and fifty cents ($8.50) per hour for each hour worked or paid whether at regular or overtime rates to the International Union of Operating Engineers, Local 181, Health and Welfare Fund in behalf of all employees working under the terms of this Agreement. Section 2. The aforesaid Health and Welfare Fund shall be administered pursuant to the Agreement and Declaration of Trust dated April 7, 1968. This Agreement and Declaration of Trust, together with any amendments thereto, is incorporated by reference in this Agreement and shall be considered a part hereof. Section 3. Contributions to the Welfare Fund are a part of the prevailing wage rate but shall not be deemed wages due the employee. Section 4. Upon written notice to the Employer from the Union at least sixty (60) days prior to each anniversary date of the Agreement, the Employer agrees to increase its hourly contributions to the aforesaid Health & Welfare Fund in the amount specified by the Union. The hourly wage scale then scheduled to go into effect shall be lowered in an amount equal to the increase in the hourly contributions to the Health & Welfare Fund.

HEALTH AND WELFARE PAYMENTS. Section 1. Effective July 1, 20182009, the Employer agrees to pay the sum of eight seven dollars and fifty twenty-five cents ($8.507.25) per hour for each hour worked or paid whether at regular or overtime rates to the International Union of Operating Engineers, Local 181, Health and Welfare Fund in behalf of all employees working under the terms of this Agreement. Section 2. The aforesaid Health and Welfare Fund shall be administered pursuant to the Agreement and Declaration of Trust dated April 7, 1968. This Agreement and Declaration of Trust, together with any amendments thereto, is incorporated by reference in this Agreement and shall be considered a part hereof. Section 3. Contributions to the Welfare Fund are a part of the prevailing wage rate but shall not be deemed wages due the employee. Section 4. Upon written notice to the Employer from the Union at least sixty (60) days prior to each anniversary date of the Agreement, the Employer agrees to increase its hourly contributions to the aforesaid Health & Welfare Fund in the amount specified by the Union. The hourly wage scale then scheduled to go into effect shall be lowered in an amount equal to the increase in the hourly contributions to the Health & Welfare Fund.