HEALTH & WELFARE. Effective April 1, 2008 (based on March 2008 hours), the Employer shall pay to the Oregon Teamsters Employers Trust the sum of $1046.25 per month for Plans F-W, Dental 6, Vision 4, Supplemental Time Loss and Retirees 3, on behalf of each employee employed under this Agreement who will have been compensated by the Employer for not less than forty (40) hours during the previous calendar month. It shall be the duty of the Trustees of the Oregon Teamsters Employers Trust to prescribe insurance coverage and benefits for such amount of premium to cover employees under this Contract. Section 2. The Employer agrees that during the life of this agreement should the Trustees of the Health and Welfare, Dental, Vision and Retirees Plans determine during the life of the Agreement that it is necessary to increase the monthly premium rate in order to maintain the same schedule of benefits provided under Plans F-W, Dental 6, Vision 4, Supplemental Time Loss and Retirees 3, the Employer shall pay the increased monthly premium rate provided said increases do not exceed the one dollar ($1.00) per hour per employee for each year of the contract as allocated between the health and welfare and pension plan by the Area Rider Co-Chairs. Any unused health and welfare amounts designated by the Area Rider Co-Chairs shall be utilized in order to off-set increased costs (if any) in successive plan years. Effective January 1, 2013 any unused allocated health and welfare amounts shall be designated for use by the pension plan. In the event the amounts allocated by the Area Rider Co-Chairs are not sufficient to meet the amounts required to maintain the same schedule of benefits, or the amount exceeds the amount provided under Article 20 (i) of the PUD Operational Supplement, responsibility for such shortages shall be borne by the employees on a monthly, lump sum, pre tax basis. In the event of such an occurrence the Area Rider Co-Chairs shall meet to establish the specific amounts required and designate the specific pay period in which they are to be deducted. Section 3. The parties agree to accommodate the Union, the Employer, the employees and the Health & Welfare Trust in regards to qualified health maintenance organizations, if so determined by the Trustees.
Appears in 1 contract
Samples: Local Rider Agreement
HEALTH & WELFARE. Effective April Section 1, 2008 (based on March 2008 hours), the . Each Employer shall pay the amounts as stated in Schedule A for each hour covered by this Agreement to the Oregon Teamsters Employers Trust the sum of $1046.25 per month for Plans F-W, Dental 6, Vision 4, Supplemental Time Loss and Retirees 3, on behalf of each employee employed under this Agreement who will have been compensated by the Employer for not less than forty (40) hours during the previous calendar monthMasonry Welfare Trust. It Travel time paid shall be considered as time worked for the duty purpose of the Trustees of the Oregon Teamsters Employers Trust to prescribe insurance coverage and benefits for determining such amount of premium to cover employees under this Contractpayments.
Section 2. The Employer agrees that during is bound by the life provisions of the Trust Agreement and the plan, as amended, for the Masonry Welfare Trust which provisions are hereby incorporated into and made a part of this agreement should the Trustees of the Health and Welfare, Dental, Vision and Retirees Plans determine during the life of the Agreement that it is necessary to increase the monthly premium rate in order to maintain the same schedule of benefits provided under Plans F-W, Dental 6, Vision 4, Supplemental Time Loss and Retirees 3, the Employer shall pay the increased monthly premium rate provided said increases do not exceed the one dollar ($1.00) per hour per employee for each year of the contract as allocated between the health and welfare and pension plan by the Area Rider Co-Chairs. Any unused health and welfare amounts designated by the Area Rider Co-Chairs shall be utilized in order to off-set increased costs (if any) in successive plan years. Effective January 1, 2013 any unused allocated health and welfare amounts shall be designated for use by the pension plan. In the event the amounts allocated by the Area Rider Co-Chairs are not sufficient to meet the amounts required to maintain the same schedule of benefits, or the amount exceeds the amount provided under Article 20 (i) of the PUD Operational Supplement, responsibility for such shortages shall be borne by the employees on a monthly, lump sum, pre tax basis. In the event of such an occurrence the Area Rider Co-Chairs shall meet to establish the specific amounts required and designate the specific pay period in which they are to be deductedAgreement.
Section 3. The parties agree to accommodate Employer does hereby accept and designate as its lawful representatives on the Union, Board of Trustees of the Employer, the employees and the Health & Masonry Welfare Trust those Employer Trustees who are now serving or who may hereafter serve on the Board. Nothing in regards this provision nor any other part of this Agreement shall prejudice the right of the Trustees of the Masonry Welfare Trust to qualified health maintenance organizationsact as settlors, if so determined by including without limitation the Trusteesauthority to establish, design, and terminate the plan, amend benefit levels, allocate contributions among related plans, and set funding levels.
Section 4. Employer reports and/or remittances are due monthly at the office of the administrator of the Trust no later than the 15th day of the month for hours worked in the preceding month. Late reports and/or remittances may result in the assessment of delinquency charges as provided for in the Trust Agreement.
Section 5. In the event an Employer becomes delinquent in its payments to the Trust Funds, it shall not be a violation of this Agreement for the Union to strike, picket, or take other economic action, provided that the Union shall take no economic action to enforce the subcontractor provisions contained herein, but shall have available to it all other legal means of enforcement. In the event employees are pulled off the job as a result of such economic action, their wages shall continue until the delinquent payments have been made, not to exceed eight (8) hours per day.
Appears in 1 contract
Samples: Collective Bargaining Agreement
HEALTH & WELFARE. Effective 12.1 Each Employer and the Union agrees to be bound by the terms and provisions of that certain Trust Agreement creating the Sound Health & Wellness Trust, initially executed June 18, 1957, and all subsequent revisions or amendments thereto and by all policies and other conditions of participation and eligibility, which may be established from time to time by the Plan Document, the Trusts’ Rules and Regulations, the Summary Plan Description, and other pertinent procedures, practices, and Trustee actions. Each Employer accepts as his representatives for the purpose of this Trust Fund, the Employer Trustees serving on the Board of Trustees of said Trust Fund and their duly appointed successors. Each Employer and the Union also agree to be bound by the terms of the parties’ Health & Welfare Agreement and by all subsequent revisions or amendments thereto.
12.2 The Employers party to this Agreement shall continue to pay on a per compensable hour basis (maximum of one hundred and seventy-three (173) hours per calendar month per employee) into the Sound Health & Wellness Trust for the purpose of providing the employees with hospital, medical, surgical, vision, group life, accidental death and dismemberment, weekly indemnity benefits and dental benefits in accordance with the contribution rates and related provisions established by the separate Health and Welfare Agreement between Allied Employers, Inc., and various Local Unions dated April 1, 2008 (based on March 2008 hours)1977 and as subsequently amended.
12.3 The details of the benefit programs including a description of exact benefits to be provided, and the Employer shall pay to the Oregon Teamsters Employers Trust the sum of $1046.25 per month for Plans F-W, Dental 6, Vision 4, Supplemental Time Loss rules under which employees and Retirees 3, on behalf of each employee employed under this Agreement who will have been compensated by the Employer for not less than forty (40) hours during the previous calendar month. It their dependents shall be the duty of eligible for such benefits, shall be determined by the Trustees of the Oregon Teamsters Employers Sound Health & Wellness Trust to prescribe insurance coverage in accordance with the terms and benefits for such amount provisions of premium to cover employees under this Contractthe Trust Agreement creating the Trust, dated June 18, 1957, and as may be subsequently amended.
Section 2. 12.4 The Employer agrees that during contribution referred to shall be computed monthly and the life total amount due for each calendar month shall be remitted in a lump sum not later than twenty (20) days after the last day of this agreement should the month in which the contributions were earned.
12.4.1 Notwithstanding the foregoing Section, the Board of Trustees of the Sound Health & Wellness Trust shall have the authority to establish and Welfareenforce a method for reporting contributions on an accounting period basis, Dental, Vision and Retirees Plans determine during the life of the Agreement that it is necessary to increase the monthly premium rate in order to maintain the same schedule of benefits provided under Plans F-W, Dental 6, Vision 4, Supplemental Time Loss and Retirees 3, the Employer shall pay the increased monthly premium rate provided said increases do not exceed the one dollar ($1.00) per hour per employee for each year of the contract as allocated between the health and welfare and pension plan by the Area Rider Co-Chairs. Any unused health and welfare amounts designated by the Area Rider Co-Chairs shall be utilized in order to off-set increased costs (if any) in successive plan years. Effective January 1, 2013 any unused allocated health and welfare amounts shall be designated for use by the pension plan. In the event the amounts allocated by the Area Rider Co-Chairs are not sufficient to meet the amounts required to maintain the same schedule of benefits, or the amount exceeds the amount provided under Article 20 (i) of the PUD Operational Supplement, responsibility for such shortages shall be borne by the employees on rather than a monthly, lump sum, pre tax calendar month basis. In such a case, the one hundred and seventy-three (173) hour maximum shall be appropriately adjusted, as directed by the Trustees, provided that in no event shall the Employer's total obligation be different than what it would have been on a calendar month basis. Further, the total contributions due for each approved accounting period shall be remitted in a lump sum not later than twenty (20) days after the end of such an occurrence the Area Rider Co-Chairs shall meet to establish the specific amounts required and designate the specific pay period in which they are to be deductedaccounting period.
Section 3. 12.5 The parties agree to accommodate the Unionterm "compensable hour" shall mean any hour for which any employee receives any compensation required by this Agreement.
12.6 Effective with April 1, 2022, the Employer’s contribution rate(s) shall be $4.86 per hour. Starting March 1, 2023, every six months through March 2025, the employees consultants will project Plan expenses and the Health & Welfare Trust in regards income and report these amounts to qualified health maintenance organizations, if so determined by the Trustees. Based on those projections, the Trustees will set the contribution rate (with a minimum rate of $4.86 and up to a maximum rate of $5.25) that is anticipated to result in an excess reserve of $52 million by April 30, 2025. Adjustments will only be made in the employer contribution rate if the consultants determine $0.05/hour or more is needed to hit the target reserve. In March 2025, the consultants will determine the actual current hourly cost of the plan based on
(1) the most recent 12 months of incurred plan expenses adjusted to reflect trend to the 12-month period ending April 30, 2025, (2) the most recent 12 months of employee contributions, (3) the most recent 12 months of hours, and (4) expected investment income. The contribution rate will be set based on this hourly cost analysis and shall become effective with April 2025 hours, provided that the hourly rate shall not exceed $5.25 and not be less than $4.86. The $0.05 per hour threshold in the previous paragraph does not apply to this rate setting.
Appears in 1 contract
Samples: Collective Bargaining Agreement
HEALTH & WELFARE. Section 1. Effective April 1, 2008 (based on March 2008 hours), the Employer shall pay to the Oregon Teamsters Employers Trust the sum of $1046.25 per month for Plans F-W, Dental 6, Vision 4, Supplemental Time Loss and Retirees 3, on behalf of each employee employed under this Agreement who will have been compensated by the Employer for not less than forty (40) hours during the previous calendar month. It shall be the duty of the Trustees of the Oregon Teamsters Employers Trust to prescribe insurance coverage and benefits for such amount of premium to cover employees under this Contract.
Section 2. The Employer agrees that during the life of this agreement should the Trustees of the Health and 'Welfare, Dental, Vision and Retirees Plans determine during the life of the Agreement that it is necessary to increase the monthly premium rate in order to maintain the same schedule of benefits provided under Plans F-W, Dental 6, Vision 4, Supplemental Time Loss and Retirees 3, the Employer shall pay the increased monthly premium rate provided said increases do not exceed the one dollar ($1.00) per hour per employee for each year of the contract as allocated between the health and welfare and pension plan by the Area Rider Co-Chairs. Any unused health and welfare amounts designated by the Area Rider Co-Chairs shall be utilized in order to off-set increased costs (if any) in successive plan years. Effective January 1, 2013 any unused allocated health and welfare amounts shall be designated for use by the pension plan. In the event the amounts allocated by the Area Rider Co-Chairs are not sufficient to meet the amounts required to maintain the same schedule of benefits, or the amount exceeds the amount provided under Article 20 (i) of the PUD Operational Supplement, responsibility for such shortages shall be borne by the employees on a monthly, lump sum, pre tax basis. In the event of such an occurrence the Area Rider Co-Chairs shall meet to establish the specific amounts required and designate the specific pay period in which they are to be deducted.
Section 3. The parties agree to accommodate the Union, the Employer, the employees and the Health & Welfare vV' elfare Trust in regards to qualified health maintenance organizations, if so determined by the Trustees.. Local 162 Driver Local Rider Page 8 of21
Appears in 1 contract
Samples: Local Rider Agreement
HEALTH & WELFARE. Section 1. Effective April 1, 2008 (based on March 2008 hours), the Employer shall pay to the Oregon Teamsters Employers Trust the sum of $1046.25 per month for Plans F-W, Dental 6, Vision 4, Supplemental Time Loss and Retirees 3, on behalf of each employee employed under this Agreement who will have been compensated by the Employer for not less than forty eighty (4080) hours during the previous calendar month. It shall be the duty of the Trustees of the Oregon Teamsters Employers Trust to prescribe insurance coverage and benefits for such amount of premium to cover employees under this Contract.
Section 2. The Employer agrees that during the life of this agreement should the Trustees of the Health and Welfare, Dental, Vision and Retirees Plans determine during the life of the Agreement that it is necessary to increase the monthly premium rate in order to maintain the same schedule of benefits provided under Plans F-W, Dental 6, Vision 4, Supplemental Time Loss and Retirees 3, the Employer shall pay the increased monthly premium rate provided said increases do not exceed the one dollar ($1.00) per hour per employee for each year of the contract as allocated between the health and welfare and pension plan by the Area Rider Co-Chairs. Any unused health and welfare amounts designated by the Area Rider Co-Chairs shall be utilized in order to off-set increased costs (if any) in successive plan years. Effective January 1, 2013 any unused allocated health and welfare amounts shall be designated for use by the pension plan. In the event the amounts allocated by the Area Rider Co-Chairs are not sufficient to meet the amounts required to maintain the same schedule of benefits, or the amount exceeds the amount provided under Article 20 (i) of the PUD Operational Supplement, responsibility for such shortages shall be borne by the employees on a monthly, lump sum, pre tax basis. In the event of such an occurrence the Area Rider Co-Chairs shall meet to establish the specific amounts required and designate the specific pay period in which they are to be deducted.
Section 3. The parties agree to accommodate the Union, the Employer, the employees and the Health & Welfare Trust in regards to qualified health maintenance organizations, if so determined by the Trustees. Local 162 Ramp Local Rider Page 6 of19 To. ~'._
Appears in 1 contract
Samples: Local Rider Agreement