IMPACT Fund. The Parties to this Agreement hereby acknowledge the IMPACT program adopted by the International Association of Bridge, Structural, Ornamental & Reinforcing Iron Workers and have agreed to jointly fund and participate in the IMPACT program of Western Canada.. Effective February 9, 2014, the Union shall contribute seven cents ($0.07) per hour for each hour worked by each Employee. Effective April 27, 2014, the Union shall contribute nine cents ($0.09) per hour for each hour worked by each Employee. Effective April 26, 2015, the Union shall contribute ten cents ($0.10) per hour for each hour worked by each Employee. Effective February 9, 2014, the Employer shall contribute seven cents ($0.07) per hour for each hour worked by each Employee. Effective April 27, 2014, the Employer shall contribute nine cents ($0.09) per hour for each hour worked by each Employee. Effective April 26, 2015, the Employer shall contribute ten cents ($0.10) per hour for each hour worked by each Employee. Prior to the expiry of this agreement, the parties will undertake a joint review of the operations and funding of the IMPACT and the Trade Improvement Funds. Employer contributions shall be remitted to: IMPACT c/o International Association of Bridge, Structural, Ornamental & Reinforcing Iron Workers 0000 Xxxxxxx Xxxxxx Xxxx Xxxxxx, XX X0X 0X0 The Local Union shall forward the contributions to IMPACT.
IMPACT Fund. Employee Contribution Ironworker hourly rate times hours worked ½% (0.16) ½% (0.16) ½% (0.17) ½% (0.17) Employer Contribution (International Organizing Fund) Ironworker ½% (0.16) ½% (0.16) ½% (0.17) ½% (0.17) hourly rate times hours worked Article 18 Organizing/ Marketing Fund (Employee Deduction) $0.45 $0.45 $0.50 $0.50 Article 19 Construction Advancement Program $0.10 $0.04 $0.04 $0.04
IMPACT Fund. The Parties to this Agreement hereby acknowledge the IMPACT program adopted by the International Association of Bridge, Structural, Ornamental & Reinforcing Iron Workers and have agreed to jointly fund and participate in the IMPACT program of Western Canada.. Effective April 9, 2023, the Employer shall contribute fourteen cents ($0.14) per hour for each hour worked by each Employee. The Union shall contribute the remainder of the rate established by the International at the rate of five-eighths of one percent (5/8 of 1%) of the applicable hourly journeyman wage rate for each hour worked. Prior to the expiry of this agreement, the parties shall undertake a joint review of the operations and funding of the IMPACT and the Trade Improvement Funds. Employer contributions shall be remitted to: IMPACT c/o International Association of Bridge, Structural, Ornamental & Reinforcing Iron Workers 0000 Xxxxxxx Xxxxxx Xxxx Xxxxxx, XX S4N 0E2 The Local Union shall forward the contributions to IMPACT.
IMPACT Fund. The CITY shall use the above-referenced payments in its sole discretion consistent with the purpose of this Agreement and in accordance with X.X. x. 94G, § 3.
IMPACT Fund. For each employee covered by this Agreement, the Employer will contribute the amount set forth in Article IX for each hour worked to the Iron Workers Management Progressive Action Cooperative Trust (IMPACT), a jointly trusteed cooperative trust with federal tax exempt status under Section 501(a) of the Internal Revenue Code as an exempt organization under Section 501(c)(5) of the Internal Revenue Code. The general purposes of the Trust include the improvement and development of the Iron Workers Industry through education, training, communication, cooperation and governmental lobbying and legislative initiatives. The reporting, payment, frequency of payment and administration of such contributions shall be governed by the terms of the IMPACT Trust Agreement, policies and resolutions.
IMPACT Fund. Employee Contribution Ironworker hourly rate times hours worked------------------ ½% ½% Employer Contribution (International Organizing Fund) Ironworker hourly -- ½% ½% rate times hours worked
IMPACT Fund. The Climate Change Impact Fund is designed to invest in opportunities that ettect change in supporting Aotearoa New Zealand’s transition to a lower-carbon economy. Investing in Aotearoa New Zealand ACC is one of the largest investors in New Zealand sovereign bonds and New Zealand companies. ACC has a dedicated Governance Manager who works with our New Zealand listed equity team to actively exercise our corporate governance responsibilities. This has the dual benefits of driving sustainable value creation by holding issuers to account for their performance and lifting Aotearoa New Zealand’s corporate governance standards. In 2021/22, particular attention was paid to the ettective representation of shareholders’ interests where conflicts exist (for example, a large holder or an external manager). Focus was placed on clear disclosure by issuers of strategies, the consequent skills that are required by boards and improving the alignment and disclosure of executive remuneration. The team also interacts energetically with regulators, exchanges, issuers, and other investors regarding governance issues as they arise – with particular attention in 2021/22 on director duties and issues arising from the NZX Corporate Governance Code review, specifically the fairness of capital raisings, and issues related to the definition and application of director independence. Iwi partnerships Iwi have many characteristics in common with the ACC Investment Group. Iwi are focused on Aotearoa New Zealand, representing a broad part of our community, and often have long investment horizons and broad mandates to invest. This makes us natural co-investment partners where there is a demonstrated commercial return. Risk management The taking of compensated risks is core to investing. The BIC ensures that the accepted level of risk aligns with the objectives of the investment portfolio and is consistent with the Board’s risk appetite. The BIC manages risk through the Investment Risk Management Policy and Investment Guidelines. The Strategic Asset Allocation is also a primary tool in helping the BIC to manage the risk profile of the investment portfolio. It establishes the financial risk profile of the investment portfolio through a set of market benchmarks and exposures that best meet the long-term investment objectives of the portfolio while ignoring short-term fluctuations in market conditions. The Investment Guidelines limit how much risk the Investment Group can take by placing constr...
