Common use of Hourly Contribution Clause in Contracts

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.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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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, 2007 $2.67-1/2 (+25¢) $1.37-1/2 July 1, 2008 $2.67-1/2 (+25¢) $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.

Appears in 2 contracts

Samples: Master Logging Agreement, Collective Agreement

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Hourly Contribution. The hourly contributions to the IWA-Forest Industry Pension Pen- sion 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.

Appears in 1 contract

Samples: Collective Agreement

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