Common use of Health, Welfare and Pension Plans Clause in Contracts

Health, Welfare and Pension Plans. Effective April 28, 2019, the Employer shall make contributions to the Pile Drivers, Divers, Bridge, Dock and Wharf Builders Health, Welfare and Pension Plans at the rate of nine dollars and five cents ($9.05) per hour; two dollars and sixty–five cents ($2.65) Health and Welfare, and six dollars and forty cents ($6.40) Pension for each hour earned by each employee within the scope of this Agreement. Pension contributions shall increase to six dollars and forty-five cents ($6.45) per hour effective May 3, 2020, and to six dollars and fifty cents ($6.50) per hour effective May 2, 2021. These contributions will be as follows: April 28/19 May 3/20 May 2/21 Health and Welfare $2.65 $2.65 $2.65 Pension $6.40 $6.45 $6.50 Total $9.05 $9.10 $9.15 * NOTE: These contributions to be based on hours earned.

Health, Welfare and Pension Plans. Effective April 28, 2019, the Employer shall make contributions to the Pile Drivers, Divers, Bridge, Dock and Wharf Builders Health, Welfare and Pension Plans at the rate of nine dollars and five cents ($9.05) per hour; two dollars and sixty–-five cents ($2.65) Health and Welfare, and six dollars and forty cents ($6.40) Pension for each hour earned by each employee within the scope of this Agreement. Pension contributions shall increase to six dollars and forty-five cents ($6.45) per hour effective May 3, 2020, and to six dollars and fifty cents ($6.50) per hour effective May 2, 2021. These contributions will be as follows: April 28/19 May 3/20 May 2/21 Health and Welfare $2.65 $2.65 $2.65 Pension $6.40 $6.45 $6.50 Total $9.05 $9.10 $9.15 * NOTE: These contributions to be based on hours earned.