Common use of HEALTH & WELFARE AND PENSION Clause in Contracts

HEALTH & WELFARE AND PENSION. a. In those Addenda which provide Teamster Health & Welfare and/ or Pension Funds, the negotiated monetary increases set forth in Article 34, Section 1(a) of the NMA shall be applicable. In addi- tion, the terms of Article 34, Section 1(a) and (f) of the NMA shall be applicable to determine any necessary allocations. b. Employees covered by Addenda which have Employer spon- sored plans for pension shall continue to be covered by the existing UPS sponsored plans. For those full-time or part-time employees who have received health and welfare benefits from the Company Health & Welfare Plan, ben- efits on and after January 1, 2014 will be provided by t TeamCare, under the terms set forth in Article 34 of the National Master Agree- ment. The Company will continue to provide health & welfare ben- efit coverage under the existing plan through December 31, 2013. c. Part-time and full-time employees covered by a Teamster Health and Welfare Fund will continue to be covered by those funds. d. Any eligible employee covered by this Section who retires effec- tive January 1, 2014 or thereafter shall be provided retiree medical benefits through TeamCare. e. Current retirees who are receiving benefits through a UPS spon- sored plan shall receive coverage on and after January 1, 2014 un- der the terms of the Memorandum Concerning UPS Sponsored Plans, attached to the National Master Agreement f. Contributions to pension funds will be made in accordance with Article 34 of the National Master Agreement. g. Full-Time employees of UPS Cartage Services Inc. (CSI) who were participants in the Central States Southeast and Southwest Ar- eas Pension Fund (CS Plan) as of December 26, 2007, and all future full-time employees who would have been covered by the CS Plan absent this agreement, shall be covered by the UPS/IBT Full-Time Pension Fund as set forth in Article 34, Section 1(l) of the National Master Agreement (effective upon ratification) and the related Plan Documents and Trust Agreement. Any provision in any Addenda to the CSI Supplement specifying participation in the CS Plan shall be null and void.

HEALTH & WELFARE AND PENSION. a. In those Addenda which provide Teamster Health & Welfare and/ or and/or Pension Funds, the negotiated monetary increases set forth in Article 34, Section 1(a) of the NMA shall be applicable. In addi- tion, the terms of Article 34, Section 1(a) and (f) of the NMA shall be applicable to determine any necessary allocations. b. Employees covered by Addenda which have Employer spon- sored plans for pension shall continue to be covered by the existing UPS sponsored plans. For those full-time or part-time employees who have received health and welfare benefits from the Company Health & Welfare Plan, ben- efits benefits on and after January 1, 2014 will be provided by t TeamCare, under the terms set forth in Article 34 of the National Master Agree- mentAgreement. The Company will continue to provide health & welfare ben- efit benefit coverage under the existing plan through December 31, 2013. c. Part-time and full-time employees covered by a Teamster Health and Welfare Fund will continue to be covered by those funds. d. Any eligible employee covered by this Section who retires effec- tive ef- fective January 1, 2014 or thereafter shall be provided retiree medical med- ical benefits through TeamCare. e. Current retirees who are receiving benefits through a UPS spon- sored plan shall receive coverage on and after January 1, 2014 un- der the terms of the Memorandum Concerning UPS Sponsored Plans, attached to the National Master Agreement f. Contributions to pension funds will be made in accordance with Article 34 of the National Master Agreement. g. Full-Time employees of UPS Cartage Services Inc. (CSI) who were participants in the Central States Southeast and Southwest Ar- eas Pension Areas Pen- sion Fund (CS Plan) as of December 26, 2007, and all future full-time employees who would have been covered by the CS Plan absent this agreement, shall be covered by the UPS/IBT Full-Time Pension Fund as set forth in Article 34, Section 1(l) of the National Master Agreement Agree- ment (effective upon ratification) and the related Plan Documents and Trust Agreement. Any provision in any Addenda to the CSI Supplement Supple- ment specifying participation in the CS Plan shall be null and void.

HEALTH & WELFARE AND PENSION. a. In those Addenda which provide Teamster Health & Welfare and/ or and/or Pension Funds, the negotiated monetary increases set forth in Article 34, Section 1(a) of the NMA shall be applicable. In addi- tionaddition, the terms of Article 34, Section 1(a) and (f) of the NMA shall be applicable to determine any necessary allocations. b. Employees covered by Addenda which have Employer spon- sored plans for pension shall continue to be covered by the existing UPS sponsored plans. For those full-time or part-time employees who have received re- ceived health and welfare benefits from the Company Health & Welfare Plan, ben- efits benefits on and after January 1, 2014 will be provided provid- ed by t TeamCarethe Central States Health & Welfare Fund (CSH&W Fund), under the terms set forth in Article 34 of the National Master Agree- mentAgreement. The Company will continue to provide health & welfare ben- efit wel- fare benefit coverage under the existing plan through December 31, 2013. c. Part-time and full-time employees covered by a Teamster Health and Welfare Fund will continue to be covered by those funds. d. Any eligible employee covered by this Section who retires effec- tive January 1, 2014 or thereafter shall be provided retiree medical benefits through TeamCarethe CSH&W Fund. e. Current retirees who are receiving benefits through a UPS spon- sored plan shall receive coverage on and after January 1, 2014 un- der under the terms of the Memorandum Concerning UPS Sponsored Plans, attached to the National Master Agreement f. Contributions to pension funds will be made in accordance with Article 34 of the National Master Agreement. g. Full-Time employees of UPS Cartage Services Inc. (CSI) who were participants in the Central States Southeast and Southwest Ar- eas Areas Pension Fund (CS Plan) as of December 26, 2007, and all future full-time employees who would have been covered by the CS Plan absent this agreement, shall be covered by the UPS/IBT Full-Full- Time Pension Fund as set forth in Article 34, Section 1(l) of the National Master Agreement (effective upon ratification) and the related Plan Documents and Trust Agreement. Any provision in any Addenda to the CSI Supplement specifying participation in the CS Plan shall be null and void.