Insurance Premium. 21.01 (a) The Employer shall contribute to the Steelworkers Trusted Benefit Plan (the “Plan”) on behalf of each employee for each pay period an amount equal to figures indicated below per hours earned. September 1, 2015 $1.65 per hour April 1, 2016 $1.70 per hour April 1, 2017 $1.75 per hour “Hours earned” means all regular hours for which the employee receives wages or salary, and includes, without limiting the generality of the foregoing, vacation pay, and hours for which such employee is absent for approved union business and any other approved leave. Overtime and statutory holiday pay (not worked) are excluded.
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Samples: Collective Agreement, Collective Agreement, Collective Agreement