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

Health, Welfare and Pension Plans. Health & Welfare and Pension The Employer shall continue to participate in the same Health and Welfare and Pension Funds. During the life of this Agreement, the Employer shall continue to make contributions at the rates being paid as of the date of ratification of the ABF NMFA to the appropriate Health and Welfare and Pension Funds in such amounts as are determined on an annual basis by the Funds to be necessary to maintain the benefits then in effect. Increased Employer Contributions to Teamster Health & Welfare and Pension Plans: If necessary to maintain the Health and Welfare and Pension benefits, the Employer shall increase its contribution to all Teamster Health & Welfare and Pension Plans, up to $1.00 per year as follows: Effective Dates Increases in Employer Contributions August 1, 2013 up to $1.00 per hour August 1, 2014 up to an additional $1.00 per hour August 1, 2015 up to an additional $1.00 per hour August 1, 2016 up to an additional $1.00 per hour August 1, 2017 up to an additional $1.00 per hour Monthly, daily and/or hourly contributions shall be converted from the hourly contributions in accordance with past practice. Consistent with past practice under the NMFA, the Supplemental Negotiating Committee will determine the allocation of the negotiated contribution amounts to the appropriate Health & Welfare and/or Pension Funds. Effective August 1, 2013, the trigger in all Supplements for qualifying for a week’s health and welfare contribution will be 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. The employer shall only be required to pay those portions of the “up to” $1.00 per hour increases that are necessary to maintain the benefits as described above.

Appears in 3 contracts

Samples: National Abf National Master Freight Agreement, National Abf National Master Freight Agreement, National Abf National Master Freight Agreement

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Health, Welfare and Pension Plans. Health & Welfare and Pension The Employer shall continue to participate in the same Health and Welfare and Pension Funds. During the life of this Agreement, the Employer shall continue to make contributions at the rates being paid as of the date of ratification of the ABF NMFA to the appropriate Health and Welfare and Pension Funds in such amounts as are determined on an annual basis by the Funds to be necessary to maintain the benefits then in effect. Increased Employer Contributions to Teamster Health & Welfare and Pension Plans: If necessary to maintain the Health and Welfare and Pension benefits, the Employer shall increase its contribution to all Teamster Health & Welfare and Pension Plans, up to $1.00 per year as follows: Effective Dates Increases in Employer Contributions August 1, 2013 up to $1.00 per hour August 1, 2014 up to an additional $1.00 per hour August 1, 2015 up to an additional $1.00 per hour August 1, 2016 up to an additional $1.00 per hour 63 August 1, 2017 up to an additional $1.00 per hour Monthly, daily and/or hourly contributions shall be converted from the hourly contributions in accordance with past practice. Consistent with past practice under the NMFA, the Supplemental Negotiating Committee will determine the allocation of the negotiated contribution amounts to the appropriate Health & Welfare and/or Pension Funds. Effective August 1, 2013, the trigger in all Supplements for qualifying for a week’s health and welfare contribution will be 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. The employer shall only be required to pay those portions of the “up to” $1.00 per hour increases that are necessary to maintain the benefits as described above.

Appears in 1 contract

Samples: National Master Freight Agreement (Arkansas Best Corp /De/)

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