Hourly Contribution Sample Clauses

Hourly Contribution. The hourly contributions to the IWA-Forest Industry Pension Plan will be made on a per hour per employee per hour worked basis as follows: $2.67-1/2 $1.62-1/2 Contribution rate for both Employers and Employees will be reduced by $0.275 when the plan is fully funded as per the July 6, 2000 Memorandum of Agreement.
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Hourly Contribution. The Industry contribution to the Pension Plan of one dollar seventy cents ($1.70) per hour per employee per hour worked, which became effective July 1, 1988, will be increased by seventy cents (70¢) per hour, effective July 1, 1992, to two dollars and forty cents ($2.40) per hour per employee per hour worked. Effective July 1, 1993, employee contributions of ten cents (10¢) per hour per employee per hour worked will be added to the above contribution rate. Additional contributions will be in accordance with the Memorandum of Agreement signed on July 6, 2000.
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Hourly Contribution. Effective July 1, 2014, the District's contribution to the Pension Plan shall be three dollars and sixty-seven and one-half cents ($3.675) per hour and the employee’s contributions of two dollars and twenty-two and one-half cents ($2.225) per hour per employee per hour worked will be added to the above contribution rate. It is understood that this contribution rate may be amended in accordance with the Letter of Understanding set out in Supplement No.2 attached to this Collective Agreement.
Sample 1Sample 2
Hourly Contribution. The hourly contributions to the IWA-Forest Industry Pension Plan will be made on a per hour per employee per hour worked basis as follows:  Effective July 1, 2014 an increase to the employer per hour worked contribution of $1.00 per hour worked resulting in a total of $3.675 per hour worked employer contribution for the years 2014-2017. For the 2018 contract year the employer contribution will match the contribution of the BC Northern and Southern Interior employers.‌  Effective July 1, 2014 an increase to the employee per hour worked contribution of $0.600 per hour worked resulting in a total of $2.225 per hour worked employee contribution for the years 2014-2017. For the 2018 contract year the employee contribution will match the contribution of the BC Northern and Southern Interior employees.  It is understood that the $0.275 contributions provided for in Article XIX of the previous USW-WFP Collective Agreement are recognized as permanent.
Sample 1
Hourly Contribution. The hourly contributions to the IWA-Forest Industry Pension Plan will be made on a per hour worked basis as follows: The Company agrees that employees affected by a permanent closure of the Company’s operation shall be given sixty (60) days’ notice of closure.
Sample 1Sample 2
Hourly Contribution. The per hour worked contributions in effect as of July 1, 2013 are as follows: • $2.675 per hour worked contribution from the employer • $1.625 per hour worked contribution from the employee a) Effective July 1, 2014, an increase to the employer per hour worked contribution of $1.00 per hour worked resulting in a total of $3.675 per hour worked employer contribution. b) Effective July 1, 2014, an increase to the employee per hour worked contribution of $0.60 per hour worked resulting in a total of $2.225 per hour worked employee contribution.
Sample 1Sample 2
Hourly Contribution. The Employer who is covered by this Agreement shall contribute to the Western Conference of Teamsters Supplemental Benefit Trust Fund on behalf of all regular, probationary, and casual employees at the rate of forty cents ($.40) per hour for each compensable hour (including paid vacations on the basis of forty (40) hours per week of vacation, paid holidays and used sick leave but excluding jury pay and funeral leave), not to exceed one hundred eighty (180) hours per month with a maximum of 2,080 hours per year. The Employer agrees to remit the above monies to the administra- tive office by the date designated by that office, and monies re- ceived after that date shall be considered delinquent.
Sample 1
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Hourly Contribution. The hourly contributions to the Industry Pension Plan will be made on a per hour per employee per hour worked basis as follows: July July
Sample 1
Hourly Contribution. The hourly contributions to the IWA-Forest Industry Pension Plan will be made on a per hour per employee per hour worked basis as follows: July 1, 2014 – June 30, 2017 $3.67-1/2 $2.225 July 1, 2018 As per BC Interior Employers As per BC Interior Employees It is understood that the $.275 contributions are recognized as permanent.
Sample 1

Related to Hourly Contribution

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Contribution Payment To the extent the indemnification provided for under any provision of this Agreement is determined (in the manner hereinabove provided) not to be permitted under applicable law, the Company, in lieu of indemnifying Indemnitee, shall, to the extent permitted by law, contribute to the amount of any and all Indemnifiable Liabilities incurred or paid by Indemnitee for which such indemnification is not permitted. The amount the Company contributes shall be in such proportion as is appropriate to reflect the relative fault of Indemnitee, on the one hand, and of the Company and any and all other parties (including officers and directors of the Company other than Indemnitee) who may be at fault (collectively, including the Company, the "Third Parties"), on the other hand.

  • Retirement Contribution 1. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay its cost of the 6.5% or 7.5% retirement contribution for employees in the bargaining unit who are covered under special Law Enforcement retirement plans. 2. The State shall, as permitted by 5 M.R.S.A. §17702 §§s5 and 6, pay the cost of the 6.5% or 7.5% retirement contribution for employees in the following classifications.

  • Payment of Contributions The University and eligible academic staff members shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Contribution Allocation The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04. PART I. [OPTIONS (a) THROUGH (d)].

  • Pension Contributions While on leave pursuant to Section B. of this Article, an employee may make contributions to the appropriate State pension system and will receive service credit for the time the employee is on unpaid leave.

  • Retirement Contributions On behalf of employees, the State will continue to “pick up” the six percent (6%) employee contribution, payable pursuant to law. The parties acknowledge that various challenges have been filed that contest the lawfulness, including the constitutionality, of various aspects of PERS reform legislation enacted by the 2003 Legislative Assembly, including Chapters 67 (HB 2003) and 68 (HB 2004) of Oregon Laws 2003 (“PERS Litigation”). Nothing in this Agreement shall constitute a waiver of any party’s rights, claims or defenses with respect to the PERS Litigation.

  • City Contribution The City agrees to maintain health and dental benefits at present levels for the life of the Agreement.

  • Maximum Contribution The total amount you may contribute to an IRA for any taxable year cannot exceed the lesser of 100 percent of your compensation or $6,000 for 2019 and 2020, with possible cost- of-living adjustments each year thereafter. If you also maintain a Xxxx XXX (i.e., an IRA subject to the limits of Internal Revenue Code Section (IRC Sec.) 408A), the maximum contribution to your Traditional IRAs is reduced by any contributions you make to your Xxxx IRAs. Your total annual contribution to all Traditional IRAs and Xxxx IRAs cannot exceed the lesser of the dollar amounts described above or 100 percent of your compensation.

  • Redundancy Contributions 25.1 The Employer is, and will remain during the life of this Agreement, a member of the Redundancy Payment Approved Worker Entitlement Fund 1 (“Incolink Number 4 Fund”) of which Redundancy Payment Central Fund Ltd ("Incolink") is trustee or an equivalent approved worker entitlement fund that is administered and/or managed by Incolink (the “Nominated Redundancy Fund”). References in this clause to "Nominated Redundancy Fund" include a reference to another fund for comparable purposes nominated by Incolink for the purposes of this Agreement as a fund which supersedes the Incolink Number 4 Fund. 25.2 All Employees of the Employer will be enrolled by the Employer in the Nominated Redundancy Fund and be entitled to Redundancy benefits in accordance with the terms of the relevant Trust Deed. 25.3 The Employer will pay a minimum of $160 to the Nominated Redundancy Fund on behalf of each Employee on a weekly basis (except where Clause 25.4 applies) in accordance with the trust deed or other governing documents, save that if Incolink nominates any other fund under clause 25.1 the Employer will 25.4 Redundancy contributions on behalf of Employees who have entered in to a part-time/job sharing arrangement under clause 14.2 will be pro-rated. For clarity casual Employees are entitled to the full contribution at clause 25.3 above. 25.5 The liability of the Employer to pay redundancy payments to an Employee under this clause will be met by the making of the contributions on behalf of the Employee required as a member of the Nominated Redundancy Fund, or by another fund nominated by Incolink under clause 25.1.

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