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: Employer Employee $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.
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¢) cents per hour, effective July 1, 1992, to two dollars 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.
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.
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
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.
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: Date Employer Employee 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 $.275 contributions are recognized as permanent.
Hourly Contribution. The Employer who is covered by this Agreement shall contribute to the Western Conference of Teamsters Supplemental Benefit Trust Fund on behalf of all regular, probationary, and casual employees at the rate of forty cents ($.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 administrative office by the date designated by that office, and monies received after that date shall be considered delinquent.
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 Employee
