INSURANCE BENEFIT PLAN. (a) The Parties hereto acknowledge the “Electrical Industry Insurance Benefit Trust Fund of Alberta”, such Fund having been constituted by Trust Agreement dated April 1, 1971, as amended from time to time, entered into between the Electrical Contractors Association of Alberta, of the first part, and Local Union 424, IBEW, of the second part. The Parties hereto agree to be bound by the terms of the said Trust Agreement as amended from time to time by the Trustees appointed from time to time thereunder. It is agreed that the Trustees of the said Fund shall serve as Trustees in accordance with the terms of the said Trust Agreement.
INSURANCE BENEFIT PLAN. The plan is to supplement the Employment Insurance benefits received by Teachers for temporary unemployment caused by Pregnancy and/or Parental Leave. Teachers must prove that they have applied for and are in receipt of Employment Insurance benefits in order to receive payment under the plan. The Supplemental Employment Insurance Benefit is payable for a period during which a Teacher is not in receipt of Employment Insurance if the only reason for non-receipt is the two week Employment Insurancewaiting period the claimant is serving. The benefit level paid under this plan is set at of the Teacher's allowable Employment Insurance benefit. In any week, the total amount of the Supplemental Employment Insurance Benefit payments and the weekly rate of Employment Insurance benefits will not exceed of the Teacher's weekly earnings. This Supplemental Employment Insurance Benefit will be paid for the two (2) week waiting period. The plan is financed by the employer's general revenues. Supplemental Employment Insurance Benefit payments will be kept separate from payroll records. The duration of the plan is for the period covered by the Collective Agreement. The employer will inform Human Resources Development Canada in writing of any changes to the plan within thirty (30) days of the effective date of the change. Teachers do not have a right to Supplemental Employment Insurance Benefit payments except for supplementation of Employment Insurance benefits for the unemployment period as specified in the plan. Payments in respect of guaranteed annual remuneration or in respect of deferred remuneration or severance pay benefits will not be reduced or increased by payments received under the plan.
INSURANCE BENEFIT PLAN. The Parties hereto acknowledge the "Electrical Industry Insurance Benefit Trust Fund of Alberta", such Fund having been constituted by Trust Agreement dated April as amended from time to time, entered into between the Electrical Contractors Association of Alberta, of the first part, and Local Union of the second part. The Parties hereto agree to be bound by the terms of the said Trust Agreement as amended from time to time by the Trustees appointed from time to time thereunder. It is agreed that the Trustees of the said Fund shall serve as Trustees in accordance with the terms of the said Trust Agreement. Each Employer bound by this Collective Bargaining Agreement shall contribute to the said Fund at the hourly rate set out in sub-clause of this Article such rate being for each and every hour worked by any Employee under the job classifications set out in this Collective Bargaining Agreement. Such contributions are to be made solely by the Employer and no Employer shall deduct such contributions or any portion thereof from an Employee's wages. Such contributions are in excess of the wage rates set out in this Collective Bargaining Agreement and do not constitute a payment of wages or any portion of a payment of wages. Upon the wages of an Employee becoming due, the said contributions shall be calculated by the Employer for all hours worked by all Employees in the said classifications in a month, and a report listing the names of the Employees so credited shall be forwarded by the Employer to the said Fund to be received on or before the Fifteenth (15th) of the month following. EACH EMPLOYER SHALL FILE A MONTHLY REPORT WHETHER OR NOT HE HAD PARTICIPATING EMPLOYEES. It is understood that the contributions negotiated under this clause are for the benefit of the Employees of the Employers as such Employers are recognized by the Trustees of the said Fund, and said Trustees shall continue to have full discretion to make, from time to time, reasonable rules in this respect. The rate of said contributions to the said Fund shall be: August = One Dollar and Seventy Seven Cents ($1.77) per hour May = One Dollar and Eighty Two Cents ($1.82) per hour May = One Dollar and Eighty Seven Cents ($1.87) per hour May = One Dollar and Ninety Two Cents ($1.92) per hour PENSION PLAN The Parties hereto acknowledge the "Electrical Industry Pension Trust Fund of Alberta", such Fund having been constituted by Trust Agreement dated March as amended from time to time, entered into bet...
INSURANCE BENEFIT PLAN. The parties agreed to participate in the Joint Trusteed Benefit Plan at the expiration of the plan,- June For Full Time employees
