Industry Benefit Fund Sample Clauses

Industry Benefit Fund. The Employer agrees to establish a benefit fund known as the “Industry Benefit Fund. The Fund shall reimburse Employers for W.C.B. supplements (see Article 12.1), leave for Jury Duty and Bereavement Leave (see Article 13) for earnings made to employees. In addition, fifty percent (50%) of the hourly contributions shall be designated to fund the Construction Industry Rehabilitation Program to assist Local 258 members and immediate family members. Funding shall be provided by the Employer who shall contribute a sum equal to $0.04 per hour paid for each employee covered by this Collective Agreement. The funds shall be remitted to and administered by D.A. Townley and Associates and shall be remitted not later than fifteen (15) days after the termination of the calendar month in which the hours were worked. Cheques may be post dated the fifteenth (15th) of the month. There shall be a penalty of fifteen percent (15%) per month for late remittances with a minimum of twenty-five dollars ($25.00).
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Industry Benefit Fund. The Parties agree to participate in a joint CLR and BCBCBTU affiliate review of the potential benefits of establishing a multi-trade Industry Benefit Fund and to implement such a fund if the Parties mutually agree on the benefits and outcomes of establishing such a Plan and Fund. IUOE Local 115 Heav Construction Standard Industrial A reement Ma 01, 2019 to A ril 30, 2023 SIGNATURE OF PARTIES Dated this \0 day of �\:¥-. 2019. Signed on behalf of: Construction Labour Relations Association of BC Dated this _j_ day of 2019. Signed on behalf of: International Union of Operating En , Local 115 IUOE Local 115 Heav Construction Standard Industrial A reement Ma 01, 2019 to A ril 30 , 2023 Schedule "A1" shall apply to all industrial projects which are located inside the Lower Mainland/Fraser Valley. April 01, 2019 June 17, May 1, May 1, May 1, EXPIRY 2019 2020 2021 2022 41.72 41.52 41.70 41.80 41.95 5.01 4.98 5.00 5.02 5.03 Group 1 Minimum Straight time Hourly Wage Rate Vacation and General Holiday Pay (12%) Employer Contributions: Union Benefit Plan 2.70 2.70 2.70 2.75 2.80 Union Pension Plan 6.25 6.25 6.35 6.45 6.55 CLR Dues 0.13 0.13 0.13 0.13 0.13 Rehabilitation Fund 0.02 0.02 0.04 0.04 0.04 XXXxxx0 x/x x/x x/x x/x x/x BCBCBTU Fund 0.05 0.05 0.05 0.05 0.05 D&A Policy 0.01 0.01 0.01 0.01 0.01 IUOETA Fund 0.73 0.73 0.75 0.80 0.80 Tool Allowance Fund n/a 0.06 0.06 0.06 0.06 OE Advancement Fund n/a 0.17 0.17 0.17 0.17 Total Package 56.62 56.62 56.96 57.28 57.59
Sample 1
Industry Benefit Fund. The Parties agree to participate in a joint CLR and BCBCBTU affiliate review of the potential benefits of establishing a multi-trade Industry Benefit Fund and to implement such fund if the Parties to the October 26, 2011 signed MOA mutually agree on the benefits and outcomes of establishing such a Plan and Fund.
Sample 1Sample 2
Industry Benefit Fund. The Employer agrees to establish a benefit fund known as the “Industry Benefit Fund. The Fund shall reimburse Employers for W.C.B. supplements (see Article 12.1), leave for Jury Duty and Bereavement Leave (see Article 13) for earnings made to employees. Fifteen cents ($0.15) per hour shall be contributed to the Industry Benefit Fund which includes the Construction Industry Rehabilitation Program Plan. Six cents ($0.06) per hour of shall be contributed by the employee and nine cents ($0.09) per hour by the employer for each employee covered by this Collective Agreement. Two cents ($0.02) of the Industry Benefit Fund contributions shall be designated to fund the Construction Industry Rehabilitation Program to assist Local 258 members and immediate family members. The funds shall be remitted to and administered by D.A. Townley and Associates and shall be remitted not later than fifteen (15) days after the termination of the calendar month in which the hours were worked. Cheques may be post dated the fifteenth (15th) of the month. There shall be a penalty of fifteen percent (15%) per month for late remittances with a minimum of twenty-five dollars ($25.00).
Sample 1

Related to Industry Benefit Fund

  • BENEFIT FUND The Trustees are authorized and directed to establish a study committee to review the legality, feasibility and desirability of setting up and maintaining an employee funded Section 125 Flexible Spending Account (FSA). If an FSA is determined to be legal, feasible and desirable in this context, the Trustees are further authorized and directed to establish such an arrangement and offer it to employees covered by this Agreement; provided that the FSA shall not be offered to employees of any Employer who is unwilling or unable to permit employee participation in the FSA.

  • Retirement Fund The sum of $ 7.90, May 1, 2019 (May 1, 2020 $8.07; May 1, 2021 $ 8.24) per paid hour; ex- cept that Apprentices starting after April 30, 1997 will have this amount pro-rated in ac- cordance with their term level;

  • Public Benefit It is Reaction Retail’s understanding that the commitments it has agreed to herein, and actions to be taken by Reaction Retail under this Settlement Agreement, would confer a significant benefit to the general public, as set forth in Code of Civil Procedure § 1021.5 and Cal. Admin. Code tit. 11, § 3201. As such, it is the intent of Reaction Retail that to the extent any other private party initiates an action alleging a violation of Proposition 65 with respect to Reaction Retail’s failure to provide a warning concerning exposure to DEHP prior to use of the Products it has manufactured, distributed, sold, or offered for sale in California, or will manufacture, distribute, sell, or offer for sale in California, such private party action would not confer a significant benefit on the general public as to those Products addressed in this Settlement Agreement, provided that Reaction Retail is in material compliance with this Settlement Agreement.

  • Defined Benefit Pension Plan 1. The Employer and the Union hereby agree to the continuation of the existing Northern California Glaziers, Architectural Metal and Glass Workers Pension Trust Agreement ("Defined Benefit Pension Trust").

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.

  • Basic Benefit Effective January 1, 2008, the basic life insurance benefit will be increased from $15,000 to $18,000 for employees. This shall be the default level of life insurance coverage, which shall be provided at no cost to the employee.

  • Same Sex Benefit Coverage An employee who co-habits with a person of the same sex, and who promotes such person as a "spouse" (partner), and who has done so for a period of not less than twelve (12) months, will be eligible to have the person covered as a spouse for purposes of Medical, Extended Health, and Dental benefits.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • Health Benefit Plan Par. 1. The Health Benefit Plan covering life insurance, sickness and accident benefits, and hospitalization insurance, or any changes thereto that are in accordance with the National Elevator Industry Health Benefit Plan and Declaration of Trust, shall be a part of this Agreement and adopted by all parties signatory thereto.

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