Common use of HEALTH & WELFARE AND PENSION Clause in Contracts

HEALTH & WELFARE AND PENSION. (i) Except as set forth in this Section 1(a), Health & Welfare and/ or pension contributions shall be increased by forty dollars ($40.00) per week on August 1, 20183 and each subsequent August 1st during the life of the contract. Where the employees are covered by both Teamster Health & Welfare and Pension Funds in a Supplement, Rider or Addendum, the weekly health & welfare and pension contributions shall be allocated by the respective Joint Supplemental Area Negotiating Committees, subject to the approval of the Joint National Negotiating Committee. (ii) (1) In those Supplements, Riders or Addenda, where the full-time or part-time employees are covered by the Central States Health &Welfare Plan TeamCare and a pension plan sponsored by the Employer, the hourly increase amount of money set forth on Section 1(a) above to be allocated for Health & Welfare for these full-time employees as follows: August 1, 2013 fifty cents ($0.50) August 1, 2014 fifty cents ($0.50) August 1, 2015 fifty cents ($0.50) August 1, 2016 (TBD based on Central States’ cost) August 1, 2017 (TBD based on Central States’ cost) August 1, 2018 ($0.50) August 1, 2019 ($0.50) August 1, 2020 ($0.50) August 1, 2021 (TBD based on TeamCare costs, not to exceed $0.70) August 1, 2022 (TBD based on TeamCare costs, not to exceed $0.70) The rates shall be as follows for covered part-time employees: August 1, 2018 ($0.30) August 1, 2019 ($0.30) August 1, 2020 ($0.30) August 1, 2021 (TBD based on TeamCare costs, not to exceed $0.50) August 1, 2022 (TBD based on TeamCare costs, not to exceed $0.50)

Appears in 3 contracts

Samples: United Parcel Service Agreement, National Master Agreement, National Master Agreement

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HEALTH & WELFARE AND PENSION. (i) Except as set forth in this Section 1(a), Health & Welfare and/ or pension contributions shall be increased by forty dollars ($40.00) per week on August 1, 20183 and each subsequent August 1st during the life of the contract. Where the employees are covered by both Teamster Health & Welfare and Pension Funds in a Supplement, Rider or Addendum, the weekly health & welfare and pension contributions shall be allocated by the respective Joint Supplemental Area Negotiating Committees, subject to the approval of the Joint National Negotiating Committee. (ii) (1) In those Supplements, Riders or Addenda, where the full-full- time or part-time employees are covered by by, the Central States Health &Welfare Plan TeamCare and a pension plan sponsored by the Employer, the hourly increase for amount of money set forth on Section 1(a) above to be allocated for Health & Welfare for these full-full- time employees as follows: August 1, 2013 fifty cents ($0.50) August 1, 2014 fifty cents ($0.50) August 1, 2015 fifty cents ($0.50) August 1, 2016 (TBD based on Central States’ cost) August 1, 2017 (TBD based on Central States’ cost) August 1, 2018 ($0.50) August 1, 2019 ($0.50) August 1, 2020 ($0.50) August 1, 2021 (TBD based on TeamCare costs, not to exceed $0.70) August 1, 2022 (TBD based on TeamCare costs, not to exceed $0.70) The rates shall be as follows for covered part-time employees: August 1, 2018 ($0.30) August 1, 2019 ($0.30) August 1, 2020 ($0.30) August 1, 2021 (TBD based on TeamCare costs, not to exceed $0.50) August 1, 2022 (TBD based on TeamCare costs, not to exceed $0.50)

Appears in 1 contract

Samples: United Parcel Service Agreement

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